Government Unveils $ 1 Billion GHC Fund for GHC Development

General News of Thursday, August 1, 2019

Source: dailyguidenetwork.com

2019-08-01

The government unveiled two separate funds – the Green Fund and the Implementation Fund – to generate funds to help Ghana meet the United Nations Sustainable Development Goals (SDGs).

This initiative is being implemented by the Executive Directors' Advisory Group on Sustainable Development Goals, established by President Akufo-Addo, to generate resources to fund projects.

Selected CEOs in various companies across the country have set a target of generating one billion GH ¢ over the next five years through the Green Fund, which will provide sustainable energy and other business activities. This should also create no less than 100,000 jobs along the line.

The CEOs are also committed to creating what they call the delivery fund in which companies would pay 5% as part of their social responsibility.

Speaking at a breakfast hosted at the invitation of President Akufo-Addo at Jubilee House in Accra, Vice President Mahamudu Bawumia said the president was fully convinced that the two funds could change the game for the achievement of Ghana's goals. The SDGs.

Mr. Bawumia said he was delighted that Ghana has always been the first in many areas, including the first to achieve the Millennium Development Goal (MDG), and the first to create these two funds to achieve the Millennium Development Goals (MDGs). The SDGs.

He called for hard work to get there, saying "the president is counting on your support and that together we can achieve this noble goal".

The vice president said: "It is unacceptable that our people continue to suffer extreme forms of poverty and hunger, and it is not right for the people to die of preventable diseases, suffer inequalities and injustices. "

It is for this reason that he stated that the President attached the utmost importance to the objectives and attached so much importance to the work done by the CEOs for the implementation of the SDGs.

"It's because of what the SDGs represent for development wealth; The President is firmly committed to making Ghana a leading example in the implementation of the Sustainable Development Goals, but said that without strong support and deliberate efforts to strengthen the sector's commitment and investments private, this acceleration would be an unachievable dream, "he added.