Map of Ghana Ghana

Total REDD+ Finance Committed:

$98,241,539

Total REDD+ Finance Disbursed:

$29,340,550

Ghana is reported to have one of the highest deforestation rates in Africa, at around 2% per year, according to FAO data. To combat this loss, Ghana is in the process of building a national strategy to reduce greenhouse gas emissions from forest loss and degradation, with the support of the World Bank´s Forest Carbon Partnership Facility (FCPF) and Forest Investment Program (FIP), as well as private donors.

Ghana’s FIP Investment Plan was approved in 2012 and is managed by the Ministry of Lands and Natural Resources (MLNR). Ghana intends to utilize FIP investments to address some of the underlying drivers of deforestation and to catalyze transformational change in the forestry sector. The FIP represents the biggest commitment to REDD+ in Ghana. By the end of 2014, US$59 million had been committed in FIP funding, representing 60% of total funding for REDD+ activities in Ghana.

Ghana has also received significant support from the FCPF Readiness Fund, and is one of only eleven countries invited into the Carbon Fund pipeline. An Emission Reduction Payment Agreement (ERPA) was recently signed which intends to enable up to US$50 million in performance based payments for Emission Reductions between 2016 and 2020.

Recipients

Financing flows and institutions receiving funds committed for REDD+ activities in Ghana:

Commitments to first and second recipients, 2009-2014

 

Annual commitments to first recipients by institution type and year

 
   
  • Commitments to first and second recipients, 2009-2014

    Chart Description

    The Government of Ghana is the primary recipient of REDD+ funding committed through 2014. Overall, 72.7% of funds committed from 2009 through 2014 were directed to the government of Ghana, with the Forestry Commission (FC), the Ministry of Lands & Natural Resources (MLNR), the Forestry Research Institute of Ghana (FORIG), and the Center for Remote Sensing and Geographic Information Systems (CERSGIS) all scheduled to receive funds. International NGOs and multilateral implementing agents are scheduled to receive 10.9% and 10.4% of total funding, while in-country agencies of donor governments, Ghanaian NGOs and the private sector are slated to receive an even smaller share.

    Through 2014, only a small portion of funding committed to first recipients had been committed on to additional second recipients, signaling either that first recipients planned to utilize the majority of the funding themselves through direct implementation of activities, or that more time was needed for them to develop plans to contract other entities to fulfill a portion of the work.

    Relevant Frequently Asked Questions

  • Annual commitments to first recipients by institution type and year

    Chart Description

    An annual breakdown of funding committed to first recipients shows that over the period 2009-2014, the Government of Ghana received the vast majority of REDD+ finance commitments, receiving particularly large commitments in 2014 through the Forest Investment Program (FIP) and an additional readiness grant from the FCPF to support the full implementation of Ghana’s R-PP. Multilateral implementing agents, donor government agencies and internatonal NGOs received relatively large commitments in 2013. Ghanaian NGOs, and international and Ghanaian firms and consultancies were also recipients of REDD+ finance commitments, but at a much smaller scale.

    Relevant Frequently Asked Questions