The Carbon Credit Market: Another excellent opportunity for Ghana to get it right
Ghana has taken early steps to position itself in the emerging global carbon credit market. Through the Ghana Carbon Market Office, hosted by the Environmental Protection Authority, the country has a national institutional arrangement to support (i) Article 6 of the Paris Agreement, (ii) voluntary carbon market activities, (iii) mitigation activity development, (iv) authorisation, monitoring, reporting, and verification of carbon projects, (v) registry operations and corresponding adjustments. This is a significant national opportunity.
The country has begun recording dozens of mitigation activities across the energy, agriculture, forestry, and transportation sectors. The carbon credit market must be treated as a national development instrument, guided by the principle of delivering real national value, real emissions reductions, real community benefits, and real private-sector investment. The government's first direction is to strengthen policy clarity and regulatory certainty, making rules simpler, faster, and more predictable.
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Ghana is taking significant steps to position itself in the emerging global carbon credit market through the Ghana Carbon Market Office. This
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