- Ghana seeks Canadian support in biofuels, hydrogen, and green tech
- A Local Carbon Fuel Market Scheme will promote clean fuel use
- A $550 billion energy plan is guiding the transition
Ghana’s Deputy Minister for Energy and Green Transitions, Richard Gyan-Mensah, has urged deeper Canada-Ghana cooperation to drive clean energy transitions in both countries. Speaking at the Canada-Ghana Chamber of Commerce CEO’s Connect Breakfast Meeting in Calgary, he highlighted mutual opportunities in low-carbon fuels, green technology, and sustainable investment.
He underscored Ghana’s ambitious plan to reach net-zero emissions by 2070 through a mix of renewable energy, natural gas, biofuels, and emerging technologies like green hydrogen and carbon capture.
“This forum is not just for discussion—it’s a catalyst for action,” said Gyan-Mensah. “Ghana is determined to build a low-carbon, resilient energy economy, and Canada is a natural ally in that journey.”
$550 Billion Energy Transition Plan
At the core of Ghana’s clean energy push is a $550 billion Energy Transition and Investment Plan, which aims to diversify the energy mix, grow renewables to 20% by 2070, and expand electric mobility and clean cooking initiatives. The plan also includes using oil revenues to support infrastructure, human capital, and regional electricity trade.
The Deputy Minister emphasized that Ghana’s strategy balances continued hydrocarbon production with a long-term shift toward sustainable energy—a pragmatic and inclusive approach.
He applauded Canada’s Clean Fuel Regulations (CFR) as a strong model for climate action that aligns with economic growth, noting Ghana is studying the CFR closely. Ghana also plans to introduce its own Local Carbon Fuel Market Scheme to incentivize low-carbon fuel adoption, encourage biofuel blending, and establish a domestic carbon credit market.
Key Areas for Canada-Ghana Collaboration
Hon. Gyan-Mensah outlined four strategic areas for partnership:
- Low-Carbon Fuels – Tapping into Canadian expertise in hydrogen, biofuels, and ethanol.
- Technology & Innovation – Collaborations in emissions tracking, fuel blending, and clean technologies.
- Capacity Building – Launching a Canada-Ghana Clean Fuel Technical Exchange for regulators and industry.
- Green Financing – Inviting Canadian investors to back ESG-aligned clean energy projects in Ghana and across West Africa.
Ghana as a Regional Energy Hub
Gyan-Mensah encouraged Canadian firms to see Ghana not only as an investment destination but also as a launchpad into the broader West African clean energy market, backed by policy stability and strong public-private partnerships.
“Ghana offers a clear regulatory environment and is ready to work with global partners to achieve a sustainable energy future,” he concluded.
