Ghana will launch the 1st Phase of the Green Finance Taxonomy at the 2024 Sustainable Development Goals (SDGs) Investment Fair on Wednesday 9th October 2024.

The 2024 SDGs Investment Fair is on the theme, “Unlocking Green Growth: Financing the Future through Sustainable Investments,” and will bring together key stakeholders from the financial sector, government agencies, businesses, academia, CSOs and international partners to explore how Ghana’s new taxonomy can accelerate the transition to a climate-resilient economy.

The launch marks the first of a multi-phase framework designed to guide investments towards sustainable and climate-resilient projects. This is a crucial step in advancing Ghana’s green growth agenda and will help the country to meet its climate action commitments under the Paris Agreement.

The event will identify sustainable economic activities and establish technical screening criteria for evaluating investments that support renewable energy, sustainable agriculture, green urban development, biodiversity conservation and ecotourism amongst others.

The Fair will include discussions and workshops that provide insights into the successful applications of taxonomies in other jurisdictions, the Ghana Green Finance taxonomy, its application and potential contributions to Ghana’s vision to become a hub for green investments in Africa.

The Fair will also feature speeches from high-profile officials, including the Minister for Finance, the CEO of the Ghana Investment Promotion Centre (GIPC), and Country Directors of Technical Partners such as GIZ, the Tony Blair Institute, UK Foreign, Commonwealth and Development Office (FCDO), FSD Africa amongst others.

The event will be attended by key stakeholders, including representatives from major development partners including the United Nations Country Office, the German Development Cooperation through GIZ, the Tony Blair Institute, the UK Foreign, Commonwealth & Development Office (FCDO), and FSD Africa. MOF