Project profile — Supporting the Green Economy of Ghana



Overview 

CA-3-P008970001
$10,000,000
Ashesi University LBG
2021-08-23 - 2025-08-30
Operational
Global Affairs Canada
WGM Africa

Country / region 

• Ghana (100.00%)

Sector 

• Government And Civil Society, General: Women's rights organisations and movements, and government institutions (15170) (5.00%)
• Business And Other Services: Business support services and institutions (25010) (25.00%)
• Industry: Small and medium-sized enterprises (SME) development (32130) (45.00%)
• Environmental policy and administrative management:
Environmental policy and administrative management (41010) (15.00%)
Environmental education/training (41081) (10.00%)

Policy marker 

• Gender equality (significant objective)
• Environmental sustainability (cross-cutting) (principal objective)
• Participatory development and good governance (not targeted)
• Trade development (not targeted)
• Biodiversity (not targeted)
• Climate change mitigation (principal objective)
• Climate Change Adaptation (not targeted)
• Desertification (not targeted)
• Urban issues (not targeted)
• Children's issues (not targeted)
• Youth Issues (not targeted)
• Disaster Risk Reduction(DRR) (not targeted)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• Nutrition (not targeted)
• ICT as a tool for development (not targeted)

Description 

This project contributes to strengthening Ghana’s ability to respond to the economic and social impacts of climate change by supporting female and male small and medium-scale entrepreneurs to develop profitable and locally-appropriate solutions to mitigate or adapt to climate change. It also increases public awareness of the green economy, and helps to improve the policy environment to effectively contribute to Ghana’s transition to a safer, healthier, more equitable and more prosperous low-carbon, green economy. Project activities include: (1) providing proof of concept grants and business advisory services support to small and medium-scale enterprises through the Ghana Climate Innovation Centre’s (GCIC’s) business incubator; (2) delivering the Women Entrepreneurs’ Transformation Program to support women entrepreneurs to overcome gender-specific business-related challenges more effectively; (3) engaging on the green economy with entrepreneurs and stakeholders through various awareness-raising initiatives; and (4) advocating for a gender and climate-sensitive fiscal policy adapted to the green economy. The Project expects to directly benefit 240 small and medium-scale entrepreneurs (of whom 50% are women) and thousands of Ghanaian households indirectly.

Expected results 

The expected outcomes for this project include: (1) increased and more equal participation among male and female climate-smart entrepreneurs in managing and scaling-up profitable and sustainable green businesses; and (2) government policies in Ghana more purposefully and meaningfully respond to the obligations of both government and the private sector for climate change adaptation and mitigation.

Results achieved 

Results achieved as of November 2023 include: (1) 26 entrepreneurs (10 women and 16 men) in cohort seven graduated from the Ghana Climate Innovation Centre business incubation program. Women-led businesses also received tailored support to address gender-related barriers, and after completion of both programs, reported being confident of holding their business negotiations with banks, suppliers, and customers; (2) reached 414 individuals through five stakeholder events on the green economy; and (3) drafted two policy alternative papers for the green economy and four carbon emission savings by the incubation program now stands at 514,804.39 MT

Budget and spending 


Original budget $0
Planned disbursement $2,395,000
Transactions
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Project-type interventions
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