Business News of Monday, 18 March 2019Source: www.ghanaweb.comMobilise funds from within to finance climate action projects – PEF Presidentplay videoPresident of Private Enterprise Federation, Nana Osei BonsuGovernment has been advised consider generating funds domestically to be able to raise the stipulated 22.7 billion dollars in investments to finance its climate project set to start in 2020. Nana Osei Bonsu noted that the Private sector was ready to partner government to mobilise capital investments needed for climate action in Ghana. He further explained that it was important to mobilise the funds from within local structures in order to alleviate the pressure on both the private and public sector. With the increasing deterioration of climate globally world leaders have arrived at a solution termed as Nationally Determined Contributions (INDCs) which is characterized by each country raising funds to curb the continuous gas emissions destroying the climate. The intended contributions were determined without prejudice to the legal nature of the contributions.
Source: GhanaWeb March 18, 2019 20:15 UTC