Project profile — Centre of Excellence for the Circular Economy in Ghana



Overview 

CA-3-P010516001
$7,500,000
UNIDO - United Nations Industrial Development Organization (41123)
2022-03-25 - 2027-09-30
Operational
Global Affairs Canada
WGM Africa

Country / region 

• Ghana (100.00%)

Sector 

• Secondary Education: Vocational training (11330) (15.00%)
• Business support services and institutions:
Business support services and institutions (25010) (5.00%)
Business Development Services (25030) (40.00%)
• Industrial development:
Industrial development (32120) (5.00%)
Small and medium-sized enterprises (SME) development (32130) (30.00%)
Technological research and development (32182) (5.00%)

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 (significant objective)
• Climate Change Adaptation (not targeted)
• Urban issues (not targeted)
• Desertification (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 aims to enhance inclusive economic growth in Ghana, while finding innovative ways to reduce negative environmental impacts. It supports the transition to a circular economy, an approach that contributes to increased resource efficiency and reduced waste. The project also seeks to improve the ability of 6,000 women and youth entrepreneurs, and women and youth-led businesses and organizations, including the informal sector, to access resources and technologies. The resources and technologies contribute to them identifying, designing, developing and scaling up the circular economy business models, thereby increasing job and value creation that results in positive economic and environmental outcomes. Project activities include: (1) establishing a Centre of Excellence for the Circular Economy; (2) training small-scale entrepreneurs, particularly women and youth, on circular economy business and technology development; (3) strengthening the capacity of financial institutions and intermediary support services on assessment and financing of circular economy businesses and technologies with a gender smart investing lens; (4) developing and delivering gender-responsive training on circular economy technology and practices adoption to a local ecosystem composed of government institutions, private sector actors, informal sector associations, women and youth-focused civil society organizations, international organizations and academia; and (5) piloting and testing technologies to support private and informal sectors on circular economy technology adoption/adaptation.

Expected results 

The expected outcomes for this project include: (1) increased use of financial and/or business and clean technology development services by small-scale women and youth entrepreneurs supported by the Centre of Excellence for the Circular Economy; and (2) increased adoption of circular economy-based clean energy and energy efficient solutions by the private and informal sector businesses and organizations led by women and youth, with support from a local ecosystem.

Results achieved 

N/A

Budget and spending 


Original budget $1,500,000
Planned disbursement $1,500,000
Transactions
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Contributions to specific-purpose programmes and funds managed by implementing partners
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