Ghana’s commitment to the development and implementation of an ambitious energy transition framework has taken center stage as Dr. Mohammed Amin Adam, Minister of State at Ghana’s Finance Ministry emphasized the importance of setting up electric charging stations to support the country’s electric vehicle revolution.
In addressing participants at a conference, titled: “Climate Finance for Sustainable Energy Transition in Africa,” which took place at ISSER Conference Centre, University of Ghana, he highlighted the need for careful planning and a significant investment of approximately $600 million from now until 2070 to successfully transition to sustainable energy sources.
The Minister of State acknowledged that the energy transition plan required a substantial financial commitment, particularly in the area of electric vehicles, which he emphasized were here to stay.
“With more than 1,000 electric vehicles already in operation across Ghana, government aims to build an additional 1,000 electric charging stations within the next five years to provide the necessary infrastructure to promote EV adoption throughout the country.”
To ensure the effective regulations of electric vehicles, he further indicated, that the Energy Commission of Ghana has implemented comprehensive guidelines governing their manufacturing and usage.
Highlighting the favorable environment for electric vehicle manufacturing, Dr. Mohammed Amin Adam noted that numerous major car manufacturing companies were already present in Ghana.
By establishing the required electric charging stations, the environment aims to encourage these companies to produce electric vehicles locally, further supporting the country’s sustainable transportation goals.
“The commitment to set up electric charging stations aligns with Ghana’s broader energy transition plan, which seeks to reduce greenhouse gas emissions, enhance energy efficiency, and promote the use of renewable energy sources, ” he said.
Discussions at the conference focus on topics such as climate finance, sustainable energy solutions, and the critical actions needed to drive the transition towards a greener and more prosperous future for Africa.
The Institute of Statistical, Social and Economic Research ( ISSER), University of Ghana hosted the international conference with the support of the European University Institute, the African Capacity Building Foundation ( ACBF), and the African School of Regulation.
Participants at the international conference included representatives from the government, African Union, and the European Union, they explore the pivotal role of stakeholders in accelerating the transition towards a sustainable energy sector in West Africa, with a special focus on climate change.
Other participants present at the conference included, representatives from multilateral organisations, financial institutions, academic institutions, energy companies, and regulatory agencies……
Story by Bugbila Moadow.