Ghana eyes climate finance as dam spillage hits 40 000 people

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The disaster underscores the importance of climate policy and fund raising to implement projects that tackle drought, flooding and other adverse weather events, the minister said

Ghana will tap climate finance to address the long-term effects of climate change on the economy after excess water spillage from the country’s biggest hydroelectric dam displaced 40 000 people, Minister of Finance Ken Ofori-atta said. in a statement on the ministry’s website.

The “government is working with VRA to expand the adaptive capacity of the Akosombo Dam to forestall incidences of this nature in the future,” Ofori-Atta said in the statement. The ministry will set aside 160 million cedis to rebuild the communities that have been submerged and support households that have been displaced, he said. © 2023 Bloomberg

 

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