Dr. Amna bint Abdullah Al Dahak, Samuel A. Jinapor and other officials attended the ceremony. Wham
The UAE and the Republic of Ghana on Sunday announced a $30 million partnership for nature-based community development and climate solutions, outlining initial investment areas.
D. Amna bint Abdullah Al Dahak Al Shamsi, Minister of Climate Change and Environment, and Samuel A. Jinapor, Minister of Land and Natural Resources of Ghana, in the presence of Hon. Razan Khalifa Al Mubarak, United Nations High Commissioner for Climate Change. I signed the letter of intent below. – Mr. Abdullah Barala, COP28 Level Champion, President of the International Union for Conservation of Nature (IUCN) and Under-Secretary of Foreign Affairs for Energy and Sustainability, who led the COP Nature Workstream.
The framework document identifies six investment areas that deliver simultaneous climate, biodiversity and regional development benefits, with a cross-cutting focus on gender equality and youth, from biodiversity corridors to afforestation and agroecology. are. The document falls under Ghana’s Resilient Ghana Nature and Climate Strategy and also outlines indicators for measurement, reporting and verification using Ghana’s pioneering REDD+ process.
Commenting on the partnership, Dr Amna Al Dahak Al Shamsi said: “Our partnership with Ghana is a testament to the UAE’s commitment to global biodiversity, climate and development goals.” . This underlines our commitment to the UAE Consensus, which calls for ending and reversing deforestation by 2030, and underlines the importance of protecting and preserving biodiversity. Our investment in Ghana will not only strengthen the country’s reforestation efforts, but will also have far-reaching positive impacts on local communities. By supporting a comprehensive set of initiatives aimed at protecting and enhancing forests, we aim to strengthen local livelihoods and foster community engagement. ”
“Any effort to solve deforestation consumes large amounts of both human and capital resources.Ghana receives carbon payments that need to be filled with other financial instruments to achieve further emissions reductions. “There are significant implementation gaps,” said Samuel A. Ginapo. “This is what our partnership with the UAE represents. In particular, it will provide critical support to improve livelihoods and protect ecosystems. For a 1.5-degree world, we will ensure these resources are used to create the best value for forests, climate and people.”
The framework document identifies six investment areas that deliver simultaneous climate, biodiversity and regional development benefits, with a cross-cutting focus on gender equality and youth, from biodiversity corridors to afforestation and agroecology. I am. The document falls under Ghana’s Resilient Ghana Nature and Climate Strategy and also outlines indicators for measurement, reporting and verification using Ghana’s pioneering REDD+ process.
“COP28 set a new precedent for coordinating action on nature and climate and anchoring investments in programs developed by nature-rich countries themselves,” said Razan Khalifa Al Mubarak. “The UAE-Ghana partnership is a great example of an approach that can help keep the 1.5 degrees target within reach, while achieving the SDGs and protecting biodiversity.”
As part of the UAE Consensus signed at COP28, governments broadly adopted goals to halt and reverse deforestation by 2030 and align climate change strategies with the Kunming-Montreal Global Biodiversity Framework. The UAE and partners have mobilized more than $2 billion for natural climate projects and programs, including a wide-ranging investment package for Ghana’s Resilient Ghana strategy. Both Ghana and the UAE are also members of the Forest and Climate Leaders Partnership, a public-private investment coordination mechanism.
The UAE and Ghana will elaborate on some of the initial projects under their bilateral partnership at COP29 in Baku in November, followed by COP30 next year.
Wham