Ghana’s Carbon Market to generate over $1bn by 2030

Accra, March 29, 2025 – Ghana’s Carbon Market is expected to attract more than one billion dollars in investments by 2030, creating jobs and promoting clean energy solutions, a new report by the Carbon Market Office (CMO) has revealed.

The funds will come from potential investments in projects that reduce greenhouse gas emissions as well as revenue from fees.

Project developers had proposed three electric powered mobility products with the quest to distribute 120,160 e-bikes and e-vehicles.

The report noted that 15 of the proposed projects received were focusing on 15 nature-based solutions; two on biochar, three in solar energy generation, two waste water, and six electronic vehicles.

Ghana’s International Carbon Trading Agreements

Ghana has already signed agreements with Switzerland, Sweden, and Singapore to sell carbon credits.

The Swiss agreement is currently being implemented while discussions with South Korea and Liechtenstein are ongoing.

The report says the carbon market will bring in more investments, create jobs, and support Ghana’s fight against climate change.

It will also encourage businesses and individuals to adopt cleaner technologies, such as improved cookstoves and electric vehicles. (GNA)

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