Deputy Minister for Energy and Green Transitions, Richard Gyan-Mensah, has called for deepened collaboration between Canada and Ghana to accelerate both countries’ clean energy transition, highlighting strategic opportunities in low-carbon fuel development, green technologies, and sustainable investment.
Speaking at the Canada-Ghana Chamber of Commerce CEO’s Connect Breakfast Meeting in Calgary, the Deputy Minister emphasized that Ghana is pursuing a bold energy transformation agenda, with a vision to achieve net-zero emissions by 2070 through a combination of renewable energy expansion, natural gas deployment, biofuels, and emerging technologies like green hydrogen and carbon capture.
“This forum is more than a platform for dialogue — it is a launchpad for action,” Hon. Gyan-Mensah said. “Ghana is committed to building a resilient, low-carbon energy economy, and we believe Canada is a natural partner in this transformation.”
$550 Billion Investment Plan Anchors Ghana’s Energy Goals
Central to Ghana’s ambitions is its $550 billion Energy Transition and Investment Plan, which aims to diversify the national energy mix, increase renewable energy penetration to 20% by 2070, and scale up electric mobility and clean cooking solutions.
The plan also calls for leveraging oil revenues to support infrastructure, human capital development, and cross-border electricity trade.
Hon. Gyan-Mensah noted that Ghana’s approach balances the continued production of hydrocarbons with a long-term pivot to cleaner energy sources — a strategy he described as both practical and inclusive.
The Deputy Minister praised Canada’s Clean Fuel Regulations (CFR) as a global model for combining climate ambition with economic opportunity. “We are closely studying Canada’s CFR, which is expected to cut 26 million tonnes of emissions by 2030,” he said. “It proves that economic growth and decarbonization can go hand in hand.”
He announced Ghana’s intent to introduce a Local Carbon Fuel Market Scheme, a policy initiative that would incentivize low-carbon fuel use, promote biofuel blending mandates, and establish a domestic credit market for fuel carbon intensity reductions.
The scheme will align with Ghana’s broader net-zero goals and encourage partnerships with Canadian firms.
The Deputy Minister outlined four priority areas where Ghana seeks Canadian collaboration:
1. Low-Carbon Fuels Development – Leveraging Canadian expertise in biofuels, ethanol, and hydrogen to guide Ghana’s policy rollout.
2. Technology Transfer & Innovation – Facilitating joint ventures in clean fuel tracking, blending technologies, and emissions management.
3. Capacity Building & Policy Dialogue – Proposing a Canada-Ghana Clean Fuel Technical Exchange for regulators and industry players.
4. Green Financing & Investment – Encouraging Canadian investors to support de-risked, ESG-aligned clean energy projects in Ghana and West Africa.
Ghana as a Gateway to West Africa
Highlighting Ghana’s role in the ECOWAS regional energy market, the Minister urged Canadian companies to view Ghana not only as a market, but as a strategic gateway to the wider West African clean energy economy.
“Policy stability, regulatory clarity, and robust public-private partnership frameworks are at the core of Ghana’s investment climate,” Gyan-Mensah assured attendees.
source: citnewsroom
