At a separate panel discussion on forests and climate at the London Climate Action Week, the Deputy Minister called for a coherent international framework for jurisdictional forest carbon credits to help unlock large-scale investment in forest protection.

Hon. Sulemana mentioned that Ghana’s forest and climate journey had evolved from REDD+ programmes to advanced Article 6 mechanisms, backed by stronger monitoring systems, safeguards and benefit-sharing arrangements.

“Our ambition is clear. In our updated NDCs, Ghana has doubled the volume of emission reductions we are making available for Article 6 cooperation”, he stated.

The Deputy Minister urged future COP presidencies to support a coherent, predictable and trusted international framework for jurisdictional forest credits to boost investor confidence and increase demand for high-integrity forest credits.

He however warned that forest conservation efforts would struggle to attract adequate financing if carbon prices fail to reflect the true cost of protecting and restoring forests.

“Forest countries cannot deliver high-quality mitigation at scale if carbon prices remain disconnected from the true cost of protecting and restoring forests”, he said.

London Climate Action Week is an annual event that brings together political leaders, businesses, investors and environmental groups to discuss climate solutions and accelerate action ahead of major international climate negotiations.

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