With anticipated increases in temperature, extreme weather events and unpredictable rainfall in Ghana over the next century, climate change poses a growing threat to this economic and developmental progress. The country faces unique challenges such as increased frequency of storms, flooding, erosion, rising pressure on agriculture on agricultural ecosystems, deforestation and environmental degradation, depletion and waste of resources and health problems due to pollution as these effects become more severe. Ghanaian government is aware of these challenges and are engaging in national and regional efforts to promote adaptation.
The objective of the Ghana Climate Innovation Center (GCIC) is to establish local institutional capacity to support Ghanaian entrepreneurs and new ventures involved in developing profitable and locally-appropriate solutions to climate change mitigation and adaptation. Through its programs, activities and financing, the GCIC and its network of partners and stakeholders will provide a country-driven approach to solving climate, energy and resource challenges and support economic development through job creation. The USD 17.2m program will provide targeted support, mentoring, training and funding facilitation to up to 100 companies in Ghana over 5 years.