Climate love
Image of Ghana 🇬🇭

Ghana 🇬🇭

Climate love

First Developing Country to fully Develop Article 6 Carbon Market Framework!

Why they deserve a climate love? Ghana presented at a dedicated event at COP27 the first-ever bilaterally authorized project to be implemented under this mechanism. Ghana and Switzerland have completed the first ever voluntary sale of ITMOs under Article 6.2. The Ghana project will support the training of over thousands of rice farmers – covering nearly 80 percent of Ghana’s rice production – in sustainable agricultural practices, leading to significant methane emission reductions. The intervention will also provide extra income through carbon revenue to farmers for increased resilience and improve efficiency of water use. With this transaction, sustainable rice farming in Ghana will help Switzerland lower its national emissions, while giving Ghanaian farmers an extra revenue stream. Furthermore, it's the first developing country to have fully developed it's article 6 carbon market framework with a clear institutional governance structure for authorization, issuance, reporting and recording. While Article 6 remains to be fully finalized??? The trade shows that countries do not need to wait for COP negotiations to end to act collaboratively on climate!!! SOURCE : https://www.undp.org/geneva/press-releases/ghana-vanuatu-and-switzerland-launch-worlds-first-projects-under-new-carbon-market-mechanism-set-out-article-62-paris-agreement

Do you agree?

117 more agrees trigger scaled up advertising

  • We Don't Have Time

    76 w

    Dear Geoffrey Buge Thank you for getting your climate love to level 2! We have reached out to Ghana Government and requested a response. I will keep you updated on any progress! /Muhammad We Don't Have Time

    1
    • Kihm Francis

      77 w

      This is great Ghana! 💚

      3
    • Marine Stephan

      77 w

      Wow this is great

      2
    • Peter Kamau

      77 w

      Hecko @GovermentOfGhana 👏👏👏 for providing such an explicit framework that sets precedence for other developing nations in Africa and beyond

      4
      • Geoffrey Mboya

        77 w

        @peter_kamau Indeed, we are stepping up & making moves!!

        1
      • Tabitha Kimani

        77 w

        What a great lead by Ghana!. the others should follow suit.

        2
        • Geoffrey Mboya

          77 w

          @tabitha_kimani Well-said! Africa to the world!!!

          1
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