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Dr. Matthew Opoku Prempeh, the Energy Minister, is pleading with industrialized nations to assist poor nations in achieving their net-zero goals.
According to the Minister, this can be accomplished by these nations redeeming financing commitments they made to assist developing nations in reducing GHG emissions.
The Minister made this request while speaking at a high-level SDG Summit Action Weekend on the subject of “From Billions to Trillions – Scaling-Up Energy Compacts to Deliver n SDG7” on Sunday, September 17, 2023, in New York, USA. Due to the significant financial commitment needed, according to Dr. Prempeh, developing nations will have difficulty meeting the SD7 aim of delivering clean and affordable energy by 2030.
He claimed that the majority of developing nations largely rely on wood fuel to meet their energy needs and that, in the face of the global Energy Transition, the use of this fuel type, if unchecked, will undermine the modest progress made in the past few years in the fight against climate change.
Energy, the lifeline of every economy, according to the Minister, who is also the Member of Parliament for Manyia South, is crucial for Africa’s socioeconomic development in order to improve the welfare of the populace.
“Our right to develop our energy resources for the benefit of our people must therefore be respected and with no interference” he said.
“We recognize that the electricity, cooking and transportation sectors are key areas in reducing greenhouse (GHG) gas emissions. Consequently, steps must be taken to transition these sectors towards a net-zero emissions future” he added.
He continued “To attain this, we must transition to the production and utilization of clean energy and the implementation of measures to mitigate any emissions that occur in the process.
The decrease of global GHG emissions will be ensured as a result, and more crucially, decarbonization, energy availability, security, and efficiency will be achieved.According to the Minister, the Ministry of Energy is actively promoting clean cooking with a goal of obtaining 50% access to LPG use and distributing 3 million more effective charcoal stoves by 2030.
“We have rolled out a number of programs, notably, the LPG for Development, Cylinder Recirculation Model, and Carbon-for-Free Stoves program for the biomass sector” he remarked
The lawmaker from Manhyia South took use of the occasion to reaffirm Ghana’s commitment to working with investors to explore new energy frontiers in support of sustainable, environmentally responsible, and gender-responsive economic growth.
Source: Ghanatodayonline.com
