cover image: Financing Ghana's Energy Transition: National and International Public-Private Sources

Financing Ghana's Energy Transition: National and International Public-Private Sources

11 Sep 2024

issues and the linkages between the framework 11 2.0 Institutional and Legal Framework for Energy Transition Governance and Financing in Ghana Institutional and Legal Framework for Energy Transition Governance and Financing in Ghana This section highlights the legal framework and institutional governance structures for the energy transition e in Ghana. [...] The government formed the National 2.1.4 National Energy Policy, 2021 Energy Transition Coordinating Office to oversee the Framework’s implementation and the National Energy The national energy policy outlines the goals, Transition Implementation Committee. [...] Important state objectives, challenges, and policy directions for the institutions involved in this process include the Ministry energy sector.22 The following areas are covered in the of Science, Technology, and Innovation, the Ministry of policy: power generation, transmission and distribution; Energy, the Ministry of Transportation, and the Ministry renewable energy; nuclear power; petroleum (u. [...] However, the Energy Fund, under its ambit, several institutions and agencies for similar tasks- provides an opportunity for the Energy Commission to there is bound to be the chronic challenge of the lack apply funds to promote projects for the development of institutional coordination and misalignment with and utilisation of renewable energy resources, the overall agenda concerning energy transiti. [...] The GH-NETF is driven by the need to improve energy security, minimise the impact of low fossil fuel financing on the petroleum sector and broader implications on the economy, and harness the green growth potential of Ghana to address the economic and environmental risk of climate change.49 Furthermore, the framework recognises that without significant interventions, Ghana’s emissions could reach.
Pages
68
Published in
Ghana

Table of Contents