Ghana, located along the south-central coast of West Africa, shares borders with Togo, Burkina Faso, and Cote d’Ivoire. The country is exposed to risks from multiple weather-related hazards, primarily those associated with floods and droughts in the northern Savannah belt. There are also risks linked to coastal resources, including storm surges and coastal erosion, as well as landslides, earthquakes, pest infestations, and wildfires. Its vulnerability is increased due its high dependence on agriculture and livestock.
INVESTING IN GHANA
CIF's investments in Ghana are through its Forest Investment Program (FIP) and Scaling up Renewable Energy Program (SREP). Its FIP financing of over $75 million is supporting projects that unite public and private sectors with Indigenous peoples and local communities in restoring degraded forest landscapes, improving forest management, and reducing pressure on forests. Efforts include promoting sustainable cocoa and agriculture practices, securing tree tenure, and facilitating institutional capacity building and policy reforms.
In addition, Ghana's $40-million SREP investment plan is helping to create an enabling environment for renewable energy scale-ups — focusing on renewable energy mini-grids and standalone solar photovoltaic (PV) systems, solar PV-based net metering with storage, and utility scale solar PV and wind power generation.
