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Ghana: A Blue Carbon Readiness Assessment

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2024-11-05
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2024-11-05
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Blue Carbon ecosystems, as powerful carbon sinks, can play a vital role in supporting economies, jobs, and livelihoods. For these reasons, the World Bank Group prepared the flagship report Unlocking Blue Carbon Development: Investment Readiness Framework for Governments, which aims to support governments on their pathway towards Blue Carbon readiness and to scale up public and private sector investments in coastal Blue Carbon. Ghana is a country with a high potential for accelerating Blue Carbon action and support, including through carbon finance. It already has experience in carbon finance in general, notably under Article 6 of the Paris Agreement, as well as in results-based finance, notably REDD plus. This puts Ghana in the list of countries where the global Blue Carbon Readiness Framework is not a concept but a tested reality. This report, Ghana: A Blue Carbon Readiness Assessment, applies the global Blue Carbon Readiness Framework to help Ghana further tap its Blue Carbon potential by addressing technical, institutional, regulatory, and financial challenges in parallel.
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World Bank. 2024. Ghana: A Blue Carbon Readiness Assessment. © World Bank. http://hdl.handle.net/10986/42361 License: CC BY-NC 3.0 IGO.
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