Publication: Ghana: A Blue Carbon Readiness Assessment
Loading...
Date
2024-11-05
ISSN
Published
2024-11-05
Author(s)
Editor(s)
Abstract
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.
Link to Data Set
Citation
“World Bank. 2024. Ghana: A Blue Carbon Readiness Assessment. © World Bank. http://hdl.handle.net/10986/42361 License: CC BY-NC 3.0 IGO.”
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Related items
Showing items related by metadata.
Publication Belize: A Blue Carbon Readiness Assessment(Washington, DC: World Bank, 2024-11-05)Blue Carbon encompasses the carbon stored in coastal and marine ecosystems, including mangroves, salt marshes, seagrass meadows, macroalgae (such as kelp), and benthic sediments, recognized for providing vital ecosystem services that benefit humanity. These ecosystems contribute to climate change mitigation by burying three to five times more carbon per unit of area than tropical forests, while also offering adaptation benefits such as flood and storm protection, freshwater filtration, soil fertilization, and food production. Despite their economic, environmental, and social importance, Blue Carbon ecosystems (BCEs) face severe pressure from a range of degradation drivers, including agriculture, aquaculture, infrastructure, and urban development. Rapid and substantial action is needed to scale protection and restoration measures and provide the necessary funding. Studies have shown that the benefits of Blue Carbon initiatives, environmental, social, and economic, far surpass associated costs. However, bringing about these changes requires substantial resources in data, science, finance, and tailored regulatory and institutional interventions. Governments, in their role as regulators, administrators, law enforcers, landowners, and social and economic mediators, are center stage in this process. With the pressing need to tackle climate mitigation, enhance climate resilience, and transition to a more productive and resilient Blue Economy, this report examines the readiness of Belize to facilitate, catalyze, and scale up public and private investments in coastal Blue Carbon, including through the international carbon markets.Publication Pakistan Blue Carbon Rapid Assessment(World Bank, Washington, DC, 2021-05)The Government of Pakistan (GoP) has initiated a preliminary analysis of Pakistan’s blue carbon exposure, relevant carbon stock trends, and the sector’s potential for climate action in the context of Pakistan’s upcoming submission of revision of its nationally determined contribution (NDC). Blue carbon refers to coastal wetlands, namely mangroves, tidal marshes, and seagrass meadows, and the multitude of ecosystem services they provide, including climate change mitigation and adaptation. Through its national process, the GoP requested rapid assessment support by the World Bank to be concluded in a few months. The objective of the rapid assessment is to support the GoP to enhance its commitments in the revised NDC through blue carbon ecosystems. In line with commitments under the Paris Climate Agreement, the GoP is committed to a strategic transition towards low carbon development while strengthening national resilience to climate change. Pakistan’s vulnerability to adverse impacts of climate change is established and well-recognized, and there is a need to build strong adaptation capacity across the country contributing to emissions reductions. In preparation for Pakistan’s second NDC submission, there is an opportunity to consider the combined adaptation and mitigation benefits of coastal ecosystems management as part of a wider initiative on agriculture, forestry, and other land uses. The report is composed of seven chapters. Chapter one discusses the background and objectives, followed by chapter two, focusing on blue carbon-related global trends. Chapter three reviews blue carbon coastal ecosystems in Pakistan and chapter four takes stock of the blue carbon-related policies. Chapter five presents the first-pass estimation of the blue carbon inventory in the country. Chapter six summarizes recommendations to this year’s NDC revision. Chapter seven provides recommendations for Pakistan to strengthen the foundations of research and outreach on blue carbon and proceed towards the blue carbon action and financing roadmap.Publication Unlocking Blue Carbon Development(Washington, DC: World Bank, 2023-09-11)The purpose of this paper is to provide a practical framework to guide governments in catalyzing and scaling up public and private investment in Blue Carbon as part of their blue economy development. It does this by describing in detail a Blue Carbon Readiness Framework, a step-by-step, well-illustrated guide with simple checklists. Client countries can use the illustrations and checklists to determine their readiness to catalyze and scale up investment in blue carbon credit finance. The Blue Carbon Readiness Framework consists of three pillars: 1. Data and Analytics; 2. Policy and Institutions; 3. Finance.Publication India : Diagnostic Assessment of Select Environmental Challenges, Volume 3. Valuation of Biodiversity and Ecosystem Services in India(Washington, DC, 2013-06-05)This report provides estimates of social and financial costs of environmental damage in India from three pollution damage categories: (i) urban air pollution, including particulate matter and lead; (ii) inadequate water supply, poor sanitation, and hygiene; (iii) indoor air pollution; and four natural resource damage categories: (a) agricultural damage from soil salinity, water logging, and soil erosion; (b) rangeland degradation; (c) deforestation; and (d) natural disasters. The estimates are based on a combination of Indian data from secondary sources and on the transfer of unit costs of pollution from a range of national and international studies. The quantification and monetary valuation of environmental damage involves many scientific disciplines including environmental, physical, and biological and health sciences, epidemiology, and environmental economics. Estimates of the costs of degradation are generally reported as a percent of conventional gross domestic product (GDP). This provides a useful estimate of the importance of environmental damages but it should not be interpreted that GDP will increase by a given percent if the degradation were to be reduced to zero. Any measures to reduce environmental degradation will have a cost and the additional cost goes up the greater is the reduction that is made. Hence a program to remove all degradation can well result in a lower GDP. This report provides a measure of the overall damage relative to a benchmark, in which all damages related to economic activity are eliminated. The report is structured as follows: section one provides a summary of estimated social and financial costs of environmental damage; section two focuses on urban air pollution; section three deals with water supply, sanitation, and hygiene; section four focuses on indoor air pollution; section five focuses on land degradation, crop production, and rangeland degradation; and section six deals with forest degradation.Publication Beyond the Shoreline - Towards a Blue and Resilient Future for Tunisia(Washington, DC: World Bank, 2024-05-24)The Tunisian economy’s challenging past decade has highlighted the pressing need for a sustainable and resilient development model. The nation’s strategic response, encapsulated in Vision Tunisia 2035 and the 2023–2025 National Development Plan, emphasizes a green and blue economy that focuses on sectors such as tourism, fisheries, aquaculture, and maritime transport as key drivers for recovery and long-term sustainability. Environmental threats such as resource overexploitation, coastal erosion, marine submersion, and pollution - in particular plastic pollution pose significant risks to these critical economic sectors, especially when exacerbated by climate change. To address these challenges, proactive investments in sustainable practices within key sectors can enhance Tunisia’s global market competitiveness, reduce fiscal pressures, and foster innovative growth and job opportunities. The World Bank has been critical in supporting Tunisia’s effort to chart the path towards harnessing the potential of the blue economy. Starting with a comprehensive diagnostic in 2021–2022, the collaboration has led to the development of a strategic roadmap focusing on policy and institutional analysis, public expenditure review, exploration of innovative financing, and critical sectoral analyses to unlock the potential of the key sectors while protecting the environment. Extensive stakeholder consultations have shaped the roadmap, which emphasizes sustainable growth, environmental conservation, and resilient coastal communities. The roadmap addresses key sectors through the three pillars of the blue economy development framework: (i) data, analysis, and dissemination; (ii) policy, institutional, and fiscal reforms; and (iii) fostering investment.
Users also downloaded
Showing related downloaded files
Publication Remarks to the Annual Meetings 2020 Development Committee(World Bank, Washington, DC, 2020-10-16)David Malpass, President of the World Bank Group, announced that the Board approved a fast track approach to emergency health support programs that now covers 111 countries. Most projects are well advanced, with average disbursement upward of 40 percent. The goal is to take broad, fast action early. The operational framework presented back in June has positioned the Bank to help countries address immediate health threats and social and economic impacts and maintain our focus on long-term development. The Bank is making good progress toward the 15-month target of 160 billion dollars in surge financing. Much of it is for the poorest countries and will take the form of grants or low-rate, long-maturity loans. IFC, through the Global Health Platform, will be providing financing to vaccine manufacturers to foster expanded production of COVID-19 vaccines in both part 1 and 2 countries, providing production is reserved for emerging markets. The Development Committee holds a unique place in the international architecture. It is the only global forum in which the Governments of developed countries and the Governments of developing countries, creditor countries and borrower countries, come together to discuss development and the ‘net transfer of resources to developing countries.’ The current International Financial Architecture system is skewed in favor of the rich and creditor countries. It is important that all voices are heard, so Malpass urged the Ministers of developing countries to use their voice and speak their minds today. Malpass urged consideration of how we can build a new approach to debt restructuring that allows for a fair relationship and balance between creditors and debtors. This will be critical in restoring growth in developing countries; and helping reverse the inequality.Publication World Development Report 2006(Washington, DC, 2005)This year’s Word Development Report (WDR), the twenty-eighth, looks at the role of equity in the development process. It defines equity in terms of two basic principles. The first is equal opportunities: that a person’s chances in life should be determined by his or her talents and efforts, rather than by pre-determined circumstances such as race, gender, social or family background. The second principle is the avoidance of extreme deprivation in outcomes, particularly in health, education and consumption levels. This principle thus includes the objective of poverty reduction. The report’s main message is that, in the long run, the pursuit of equity and the pursuit of economic prosperity are complementary. In addition to detailed chapters exploring these and related issues, the Report contains selected data from the World Development Indicators 2005‹an appendix of economic and social data for over 200 countries. This Report offers practical insights for policymakers, executives, scholars, and all those with an interest in economic development.Publication Unlocking Blue Carbon Development(Washington, DC: World Bank, 2023-09-11)The purpose of this paper is to provide a practical framework to guide governments in catalyzing and scaling up public and private investment in Blue Carbon as part of their blue economy development. It does this by describing in detail a Blue Carbon Readiness Framework, a step-by-step, well-illustrated guide with simple checklists. Client countries can use the illustrations and checklists to determine their readiness to catalyze and scale up investment in blue carbon credit finance. The Blue Carbon Readiness Framework consists of three pillars: 1. Data and Analytics; 2. Policy and Institutions; 3. Finance.Publication Classroom Assessment to Support Foundational Literacy(Washington, DC: World Bank, 2025-03-21)This document focuses primarily on how classroom assessment activities can measure students’ literacy skills as they progress along a learning trajectory towards reading fluently and with comprehension by the end of primary school grades. The document addresses considerations regarding the design and implementation of early grade reading classroom assessment, provides examples of assessment activities from a variety of countries and contexts, and discusses the importance of incorporating classroom assessment practices into teacher training and professional development opportunities for teachers. The structure of the document is as follows. The first section presents definitions and addresses basic questions on classroom assessment. Section 2 covers the intersection between assessment and early grade reading by discussing how learning assessment can measure early grade reading skills following the reading learning trajectory. Section 3 compares some of the most common early grade literacy assessment tools with respect to the early grade reading skills and developmental phases. Section 4 of the document addresses teacher training considerations in developing, scoring, and using early grade reading assessment. Additional issues in assessing reading skills in the classroom and using assessment results to improve teaching and learning are reviewed in section 5. Throughout the document, country cases are presented to demonstrate how assessment activities can be implemented in the classroom in different contexts.Publication World Development Report 2011(World Bank, 2011)The 2011 World development report looks across disciplines and experiences drawn from around the world to offer some ideas and practical recommendations on how to move beyond conflict and fragility and secure development. The key messages are important for all countries-low, middle, and high income-as well as for regional and global institutions: first, institutional legitimacy is the key to stability. When state institutions do not adequately protect citizens, guard against corruption, or provide access to justice; when markets do not provide job opportunities; or when communities have lost social cohesion-the likelihood of violent conflict increases. Second, investing in citizen security, justice, and jobs is essential to reducing violence. But there are major structural gaps in our collective capabilities to support these areas. Third, confronting this challenge effectively means that institutions need to change. International agencies and partners from other countries must adapt procedures so they can respond with agility and speed, a longer-term perspective, and greater staying power. Fourth, need to adopt a layered approach. Some problems can be addressed at the country level, but others need to be addressed at a regional level, such as developing markets that integrate insecure areas and pooling resources for building capacity Fifth, in adopting these approaches, need to be aware that the global landscape is changing. Regional institutions and middle income countries are playing a larger role. This means should pay more attention to south-south and south-north exchanges, and to the recent transition experiences of middle income countries.