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Hot Fm Ghana > Business > Support Developing Countries Meet their Net-Zero Targets – Energy Minister to Developed Countries
BusinessNewsTop stories

Support Developing Countries Meet their Net-Zero Targets – Energy Minister to Developed Countries

WeWrite Ghana
By WeWrite Ghana
Published: September 18, 2023
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The Energy Minister, Dr. Matthew Opoku Prempeh, is urging developed countries to support developing countries in meeting their net-zero targets.

According to the Minister, this can be done by these countries redeeming funding pledges to support developing countries towards reducing Greenhouse gas (GHG) emissions.

The Minister made this call when he addressed a high-level Sustainable Development Goals (SDG) Summit Action Weekend on the theme “From Billions to Trillions -Scaling-Up Energy Compacts to Deliver n SDG7” on the sidelines of the United Nations General Assembly in New York, USA on Sunday, 17th September 2023.

Dr. Prempeh said Developing countries face the challenge of achieving the SDG7 target of providing clean and affordable energy by 2030, due to the intense financial commitment required.

Most developing countries, he said heavily rely on wood fuel to meet their energy need and therefore argued that in the face of the global Energy Transition, this type of fuel, if not controlled will erode the little gains chopped these few years in the quest to combat climate change.

The Minister who is also the Member of Parliament for Manyia South said energy is the heartbeat of every economy, and it is important that Africa has enough of it to support its socio-economic development in order to enhance the welfare of the citizenry. 

“Our right to develop our energy resources for the benefit of our people must therefore be respected and with no interference,” he said.

“We recognize that the electricity, cooking, and transportation sectors are key areas in reducing greenhouse (GHG) gas emissions. 

Consequently, steps must be taken to transition these sectors towards a net-zero emissions future” he added

He continued “To attain this, we must transition to the production and utilization of clean energy and the implementation of measures to mitigate any emissions that occur in the process.

This will ensure that we contribute our quota to the reduction of global GHG emissions, and more importantly, achieve decarbonization, energy access, security, and efficiency”

The Ministry of Energy the Minister said it is also aggressively promoting clean cooking with a focus on achieving 50% access to the use of LPG as fuel and delivering 3 million improved efficient charcoal stoves by 2030.

“We have rolled out a number of programs, notably, the LPG for Development, Cylinder Recirculation Model, and Carbon-for-Free Stoves program for the biomass sector,” he remarked

The Manhyia South lawmaker used the opportunity to reiterate Ghana’s commitment to partner investors to explore new energy frontiers in order to support sustainable, environmentally-sound, and gender-responsive economic growth

 

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TAGGED:Ministry Of EnergySustainable Development Goal 7
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