Ghana carbon registry website

Ghana Carbon Market Office (CMO) is the secretariat established to provide administrative and technical services to the general public and support the implementation of the Ghana international carbon market and non-market approaches framework.

The EPA''s Climate Change Unit host the CMO and shall perform the functions assigned to under the framework including implementing the policies, rules, and guidance on transactions, by providing targeted supports for mitigation activity sourcing and matchmaking, activity development services, MRV and accounting, registry operations, creation, and transfer of ITMOs, reporting & corresponding adjustment.

It is worth noting that the establishment of the Ghana CarbonRegistry (GCR) goes a long way to help actualize Ghana'sCarbon Market framework. GCR functions as a database for collectingand tracking transactions from mitigation activities at sector,city and corporate levels as well as having an independentgrievance mechanism that is established to address complaints andappeals.

Ghana's implementation of the Paris Agreement iscommendable. Ghana has published Article 6, Paragraph 2 InitialReport (AIR) to the UN Framework Convention on Climate Change(UNFCCC) in accordance with the authorization of ITMOs from theCooperative Approach between the Republic of Ghana and Switzerlandon the promotion of climate-friendly agriculture practices forsustainable rice cultivation in Ghana.

The Intergovernmental Panel on Climate Change (IPCC) released areport in 2021 stating that greenhouse gas emissions are stillincreasing across the globe, thus calling for swift action. Theworld is currently off-track in meeting the 1.5C˚ target. InGhana, leading up to COP 28, there is a critical need forheightened awareness among businesses and the public. Sensitizationefforts are imperative to accelerate the energy transition andeffectively bridge the emissions gap.

About Ghana carbon registry website

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About Ghana carbon registry website

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