Elikem Kotoko, Deputy Chief Govt Officer of the Forestry Fee, says Ghana’s forests ought to not be seen merely as conservation property, however as strategic funding property that may entice capital, create jobs and foster sustainable financial progress.
Talking on the Ghana-UK Enterprise Summit in London, Elikem Kotoko stated important adjustments have been occurring globally, with buyers more and more recognizing forests and landscapes as precious pure capital property that delivered each financial returns and measurable environmental and social advantages.
“For Ghana, forests are not only a conservation asset, however a local weather asset, a growth asset and an funding asset,” he stated.
He stated Ghana has huge forest and savannah landscapes with monumental restoration potential that may very well be leveraged to draw local weather finance and personal funding.
He famous that by applications such because the Ghana Cocoa Forest REDD+ Program, the Ghana Sia Panorama Emissions Discount Mission and different large-scale restoration initiatives, the nation has demonstrated that environmental safety and financial growth can go hand in hand.
He added that these interventions are serving to restore degraded landscapes, scale back emissions from deforestation and forest degradation, enhance livelihoods, strengthen girls’s participation in local weather motion, and strengthen biodiversity conservation.
The Forestry Fee Deputy CEO additional emphasised that the way forward for local weather motion lies not solely in defending forests, but in addition in positioning them as productive property that contribute to nationwide growth.
He stated: “ESG has the potential to grow to be one of the crucial highly effective instruments for accelerating local weather motion and sustainable growth if we are able to efficiently align environmental safety, social inclusion and good governance with funding and innovation.”
