GHANA COMMITTED TO INCREASING SHARE OF RENEWABLE ENERGY” – PREZ. AKUFO-ADDO

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President Akufo-Addo, has assured the global community of Ghana’s full commitment to increasing the country’s share of renewable energy in the energy mix.

Speaking at a High-Level Event on Sustainable Energy for All, organised by Bloomberg Philanthropies, on the sidelines of COP27 in Sharm el-Sheikh, Egypt, the President stated that the country will among others explore the options of hydrogen gas and other clean energy sources to meet Ghana’s energy need.

With Ghana being a signatory to the Paris Agreement and other international conventions, which require the country to reduce her carbon dioxide emission levels, President Akufo Addo indicated that it has become imperative for Ghana to develop plans and strategies toward the creation of a net-zero energy sector, whilst aggressively pursuing the nation’s economic development.

The president added that Ghana’s position on energy transition is to continue the responsible exploitation of her natural resources for development and transition at own pace.

To this end, he told the gathering that it has thus, become necessary for the Government of Ghana to develop an Energy Transition Framework that will guide the country, as the entire world moves towards realizing net zero

The President also said that the Government of Ghana, being mindful of the implications of such a framework and its implementation on the entire economy, directed the Committee to undertake extensive stakeholder consultations, in addition to expert input, to produce the National Energy Transition Framework to guide its transition to a net-zero economy by 2070 in a just and equitable manner, as well as minimise possible stranded assets and job losses in the oil and gas sector.

By uniqunewsgh.com

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