Green finance must deliver measurable benefits to Ghanaian farmers – Ecobank

Ecobank's Regional Head of Commercial and Consumer Banking, Charllote Amanquah, emphasized that green financing must deliver tangible benefits to Ghanaian farmers and businesses in their daily operations. During the Ecobank Joy Business Financial Dialogue held on Tuesday, she highlighted the importance of measuring the impact of green finance through factors such as energy savings, water savings, and avoided emissions.

Amanquah stressed that for the impact to be meaningful in Ghana, it should be evident to the farming community. Ecobank's commitment to green financing is demonstrated through its solar financing programme with the Green Climate Fund, where the bank measures the effect of funded solar installations on energy costs, linking the financing to the reality of the beneficiaries - farmers or businesses.

Following the dialogue, Amanquah stated that the next step is to turn the discussed ideas into action and extend green financing to more beneficiaries across the agricultural value chain, emphasizing the need for implementation and expansion of the reach to cover more beneficiaries within the agri-value chain.