The ERA e-mobility conference is an energy transition-driven conference dedicated to maximizing business collaboration for economic development in Africa. The UN resident coordinator for Ghana Charles Abani has praised the country for making progress in raising investments through green climate financing for energy transition interventions that minimize carbon emissions into the atmosphere.
Ghana’s Energy Transition Model for achieving a net zero target in 2070 is estimated at US$562 billion.
Speaking in an interview at the sidelines of a two-day inaugural EV Revolution Africa E-mobility conference and exhibition in Accra on Tuesday (9 July), Abani urged Ghana to build on the successes so far made in this particular area to raise more funding from the global carbon market.
“This EV, E-transportation conference is a significant opportunity for Ghana and the country is not transitioning from a carbon-heavy environment, it’s growing into what we hope will be a clean and green economy. E-transportation offers a great opportunity.”
“The country must have an enabling policy environment that is balanced between the opportunities of bringing foreign investments and looking at the opportunity to create jobs to leverage the whole value chain for Ghanaian businesses,” he added.
He said that even though there is a lack of abundant infrastructure for EV cars and the country’s e-mobility implementation, there exist numerous opportunities for investments.