In a significant step towards environmental sustainability, Ghana has secured a substantial grant of $30 million from the United Arab Emirates (UAE) to bolster its forest conservation efforts.
This investment is a testament to the country’s commitment to protecting its biodiversity and addressing climate change.
The grant, which was formalized through a Letter of Intent signed by the Ministry of Lands and Natural Resources and the UAE government, will be used to support forest fringe communities by providing alternative livelihoods.
This initiative aims to empower these communities to play a more active role in protecting, restoring, and replanting Ghana’s precious forests.
The $30 million allocation is a key component of the Resilient Ghana Package, a comprehensive plan launched at COP28 in Dubai last year to achieve the country’s biodiversity and climate objectives.
This package aligns with the broader goals of the Forest and Climate Leaders’ Partnership (FCLP), a global initiative aimed at halting and reversing forest loss and land degradation by 2030.
Ghana has already made significant progress in implementing sustainable forestry practices and addressing deforestation.
The UAE’s investment will further accelerate these efforts and help the country achieve its ambitious environmental targets.
By supporting forest fringe communities and providing alternative livelihoods, the grant will contribute to the long-term sustainability of Ghana’s forests and the overall health of the planet.