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The NDC plan includes actions and climate projects that were adopted by 195 countries in 2015 under the Paris Agreement.
Designed to combat climate change under the United Nations Framework Convention on Climate Change (UNFCCC), the NDC has set a long-term goal of keeping the global average temperature up well below 2 ° C, which is above the levels limit it to 1.5 ° C to significantly reduce the risks and effects of climate change.
Speaking at the African Climate Week conference in Accra on Monday, Planning Minister George Yaw Gyan-Baffour spoke of the inability to access the Green Climate Fund. and the lack of preparedness of the private sector to take risks in unprofitable investments. major challenges in implementing the plan.
He therefore urged government investment agencies such as Ghana Investment Promotion (GIPC) to do more to identify and promote climate-friendly investment projects that could attract the private sector.
Despite the challenges, he said the government would not compromise on the environmental sustainability of such projects.
The event was organized by the United Nations Development Program (UNDP) and organized by the Ministry of Environment, Science, Technology and Innovation (MESTI).
UNDP Resident Representative Gita Welch said the fight against climate change offers the greatest investment opportunity, which requires strong political will and a strategic approach.
"Studies have shown that a bold climate action could generate $ 26 trillion in economic spinoffs by 2030 and create 65 million new jobs," she said.
She also said that private funding for NDC implementation in Africa has not been encouraging, as 85 percent of NDC in the region depended on international funding.
The implementation of the CDN is also part of Goal 13 of the Sustainable Development Goals (SDGs), which aims to mobilize $ 100 billion a year by 2020 to meet the needs. developing countries and help mitigate climate-related disasters.
Acting Executive Director of the Environmental Protection Agency (EPA), John Pwamang, said that although the government has invested up to now more than $ 13 billion to provide Greenhouse solutions to Ghanaians, this investment was insufficient to achieve the NDC's goal.
"We are ready for your investments in climate action to create green jobs and promote economic development," he added.
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