Africa, ECOWAS failing to develop bankable climate projects for carbon financing – Ricketts Hagan

Former investment banker and Leader of Ghana’s delegation to the Community Parliament, George Kweku Ricketts Hagan, has expressed concern that Africa and the West African sub-regional bloc have been unable to develop bankable climate-friendly project proposals to access carbon financing.“So we need these African financial institutions to work together with African governments, cooperation partners, and investors to build the expertise and capacity to develop these bankable climate-friendly projects.”” “Looking inwardly, we need to build our capacity and expertise so that we do not have to bring people from outside to build bankable climate-friendly projects for us, but rather have the expertise ourselves—with government cooperation and investors in member countries—to make these projects a reality.