By Edward Dankwah, GNA
Accra, June 20, GNA– FSD Africa, the British High Commission and the Ghana Infrastructure Investment Fund (GIIF) have launched a Green Project Preparation Facility (PPF) to prepare climate-resilient infrastructure projects for investment and help bridge Ghana’s infrastructure financing gap.
The facility, launched in Accra, is designed to build a pipeline of investment-ready green projects, reduce project development risks and mobilise private capital.
The PPF was first announced during President John Dramani Mahama’s visit to the United Kingdom as part of the UK-Ghana Growth Partnership.
The UK Government has committed an initial £5 million to capitalise the facility, which will be hosted and managed by FSD Africa in partnership with GIIF.
The facility is expected to expand over time with additional support from other development partners.
Mr Nana Dwemoh Benneh, the Chief Executive Officer of GIIF, described the initiative as timely and strategic for Ghana’s climate investment agenda.
He said the partnership would help develop a strong pipeline of bankable, climate-resilient and investment-ready infrastructure projects capable of attracting private sector financing.
Mr Benneh said strengthening project preparation in both the public and private sectors would unlock climate finance, crowd in private investment and accelerate Ghana’s transition to a resilient, low-carbon economy.
Ms Terri Sarch, the British Deputy High Commissioner in Accra, reaffirmed the United Kingdom’s commitment to supporting Ghana’s economic development through climate-resilient infrastructure.
She said the Green Project Preparation Facility would help transform viable Ghanaian projects into investment-ready opportunities while unlocking finance to address the country’s growing climate challenges.
She noted that Ghana faced increasing climate-related risks, including changing rainfall patterns, rising sea levels and frequent flooding, which threatened infrastructure, energy systems and agriculture.
She said investment in climate-resilient infrastructure had become an urgent development priority, particularly as about one-third of Ghana’s electricity generation depended on hydropower while more than 40 per cent of the workforce relied on climate-sensitive agriculture.
Mr Mark Napier, Chief Executive Officer of FSD Africa, said the organisation was pleased to host the facility and deepen its partnership with Ghana.
He expressed the hope that the initiative would mobilise domestic private capital for strategic infrastructure projects, strengthen climate resilience and add value to the Ghanaian economy.
The PPF is open to public and private sector developers of climate-aligned infrastructure projects in areas such as renewable energy, transport, water and waste management, housing, urban infrastructure and social infrastructure.
Projects will be assessed based on their climate impact, financial viability and ability to attract investment, with an initial pilot group already under preparation through a transparent appraisal process involving GIIF and other Ghanaian stakeholders.
GNA
Edited by Benjamin Mensah
20 July 2026