Ghana will require between $9.3billiin and $15billion over the next ten years to successfully implement its reference programme for climate action, the Minister of Finance, Dr Amin Adam, has said.
To this end, he noted, it had become more than imperative for a centralised point within the Ministry of Finance to coordinate and co-lead in the activities that would help raise the necessary finances, and implement activities of the climate action plan to be established. "The fact is that all available scientific predictions assure us that changing and extreme climate is almost guaranteed.
Already, we are seeing the impact on lives and the economy.
This impact requires us, as the Ministry of Finance, to reimagine our 'business as usual model' and prepare to respond to the financing challenges associated with the changing climate," he emphasised.