Ghana has renewed its call for a fair, transparent and high-integrity global carbon market, saying it is essential for mobilising climate finance and helping developing countries meet their emissions reduction targets.

Speaking at a meeting of the Coalition to Grow Carbon Markets during London Climate Action Week on June 23, 2026, the Deputy Minister for Lands and Natural Resources, Honourable Yusif Sulemana, described carbon markets as a practical tool for unlocking investment, accelerating mitigation, and delivering real benefits for communities and nature.

He revealed that Ghana had taken bold steps to integrate carbon markets into its national climate strategy, assigning 24 million tonnes of its emission reduction target to Article 6 cooperation under the Paris Agreement.

According to him, the country has doubled that ambition in its revised Nationally Determined Contributions (NDCs).

Hon. Sulemana also highlighted Ghana’s four bilateral carbon market agreements with Switzerland, Sweden, Singapore and South Korea, describing them as evidence of the country’s readiness and commitment to transparency and environmental integrity.

He added Ghana’s focus is now on scaling investment in carbon finance projects, including clean cooking, renewable energy, forest conservation and methane reduction.

“We want to see more high-quality mitigation activities,” the Deputy Minister said.

He, however, stressed that credibility must remain at the heart of market growth.

“Integrity is the foundation of trust, and trust is the currency of carbon markets”, Hon. Sulemana added.

He called for fair carbon pricing and equitable benefits for host communities.

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