On Monday, 4th September, 2023, the Minister for Lands and Natural Resources, Samuel A. Jinapor called on world leaders to ensure payment of right price for carbon at a high-level event on Investment in Nature and Biodiversity.
He was speaking on the sidelines of the Africa Climate Summit, currently underway in Nairobi, Kenya, and at the invitation of Voluntary Carbon Markets Integrity Initiative (VCMI), the Africa Carbon Markets Initiative (ACMI), and the Integrity Council for Voluntary Carbon Markets (ICVCM),
He said as the first country to define a reasonable framework within which the Paris Agreement Article 6 transactions can be done, and one of the first to receive results-based payments, Ghana continues to provide leadership on forest and nature-based climate action.
The Lands Minister also held strategic meetings with the United States Special Presidential Envoy on Climate, the co-Chair of the FCLP, Secretary John Kerry, the Norwegian Special Envoy for Climate and Environment and Ambassador Hans Brattskar.
“Preserving, restoring, and sustainably managing our forests is crucial to our global mission to mitigate the far-reaching impacts of climate change, and we will continue to work with all stakeholders towards 1.5 degrees Celsius,” he stressed.
As co-Chair of the Forests and Climate Leaders’ Partnership, Minister Jinapor launched the FCLP working group on Strengthening Supply and Demand of High-Integrity Forest Carbon Credits.
The working group, co-led jointly by Ghana, Gabon, Guyana, and the United Kingdom, will work to address High-Integrity Forest Carbon Credit Supply and Demand issues, through a robust roadmap and strategy for fortifying and expanding forest carbon credits by COP28 and COP30.