Ghana, on Tuesday December 5, 2023, held its Energy Day at the United Nations Conference on Climate Change (COP28) in Dubai, United Arab Emirates.
The event saw the nation laying strong emphasis on its Energy Transition Investment Plan (ETIP).
The plan seeks to attract $550 billion in capital investments to scale-up renewable energy and introduce nuclear energy in the country’s energy mix, and for the deployment of clean cooking solutions and low-carbon solutions such as Carbon Capture Utilisation and Storage.
Addressing the gathering, Energy Minister, Dr Matthew Opoku Prempeh invited investors to partner with the Government of Ghana to undertake the projects in the country’s Energy Transition Framework to drive industrialization.
That, he explained, would be done as the nation work earnestly to achieve its net-zero targets.
Dr Opoku Prempeh said the realisation of the requisite capital, will culminate in universal access to affordable and reliable power by 2024.
In addition, he emphasized that there will be economy-wide decarbonisation, socio-economic development, about 400,000 new jobs, and above all reduction in net-zero emissions in the country by 2060.
He thanked Ghana’s partners and sector agencies for the support in making the event possible.