The Minister for Energy, Dr Mathew Opoku Prempeh has assured investors of secure and favorable environmental for partnership with the Government of Ghana to undertake projects in the country’s Energy Transition Framework to drive industrialization, as they work to achieve net-zero emission target.
Hon. Opoku Prempeh made this statement when speaking at the Ghana’s ‘Energy Day’ at the ongoing COP28 in Dubai .
The Energy Minister however, laid strong emphasis on Ghana’s Energy Transition Investment Plan (ETIP), which seeks to attract US$ 550 billion in capital investments to scale-up renewable energy and introduce nuclear energy in the country’s energy mix, and for the deployment of clean cooking solutions and low-carbon solutions such as Carbon Capture Utilisation and Storage.
“The realization of the requisite capital, I have no doubt, will culminate in universal access to affordable and reliable power by 2024, economy-wide decarbonisation, socio-economic development, about 400,000 new jobs, and above all reduction in net-zero emissions in the country by 2060.
He then thanked partners and the sector agencies for their support in making the event possible.