By Francis Ntow
Accra, Sept. 11, GNA – Consolidated Bank Ghana (CBG) says it is repositioning its financing model to mobilise capital for Ghana’s productive sectors and support sustainable economic growth.
The bank said the approach would combine flexible and efficient financing with environmental, social and governance (ESG) standards to strengthen business resilience and long-term sustainability.
Mrs Florence Adei Ohene, Deputy Managing Director of CBG, said this at a green finance forum organised by the UN Global Compact Network Ghana in Accra on Thursday.
She said the financial sector had a critical role to play in helping businesses and customers transition towards sustainable development goals, while ensuring that financing decisions delivered sound commercial returns.
“For us, green finance goes beyond environmental compliance, it is about our mandate to mobilise capital responsibly to support productive sectors,” she said.
Mrs Ohene said CBG was investing in renewable energy and climate-smart agricultural solutions to support job creation, build resilient businesses and contribute to Ghana’s climate and development objectives.
She said financing emerging green sectors required discipline, strong governance and effective risk management, urging businesses to develop viable projects capable of attracting funding from financial institutions.
Mrs Ohene said CBG assessed potential green projects on their individual merits, taking into consideration customers’ capacity, cash flow prospects and future viability, technical feasibility and alignment with ESG standards.
The assessments, she said, were benchmarked against local and international sustainability standards to ensure that projects were structurally sound and compliant.
Mrs Ohene said CBG was collaborating with the Government, industry players and other financial institutions to improve project viability by combining technical expertise with blended finance opportunities.
“Collaborating with government partners, industry participants and other financial institutions allows us to lower the cost of financing through guarantees and knowledge sharing platforms… Beyond finance, we help customers understand ESG requirements and emissions accounting to become ready for sustainable investment,” she said.
The forum featured an exhibition bringing together businesses, financial institutions, small and medium-sized enterprises (SMEs) and green enterprises to strengthen links between capital, compliance and commercial opportunities.
Mr Zia Choudhury, UN Resident Coordinator in Ghana, said Ghana’s sustainable development and climate ambitions could not be achieved through public budgets and Overseas Development Assistance (ODA) alone, and called for increased private capital to support the country’s industrial transition.
He commended the Bank of Ghana’s sustainable finance roadmap and the Ministry of Finance’s green finance taxonomy, describing them as important steps towards providing clarity and a common language for businesses, banks and investors.
Choudhury said the UN system, comprising more than 30 agencies in Ghana, was ready to support capacity building and facilitate partnerships among the Government, private sector and financial institutions.
GNA
Edited by Kenneth Sackey
11 Sept. 2026
Reporter: Francis Ntow