Green finance must deliver measurable benefits to Ghanaian farmers – Ecobank

Ecobank's Regional Head of Commercial and Consumer Banking, Charlotte Amanquah, emphasized that green financing must deliver tangible benefits to Ghanaian farmers and businesses in their day-to-day operations. During a discussion on Joy FM's Super Morning Show, Amanquah highlighted the importance of measurable outcomes such as energy and water savings, as well as avoided emissions, to assess the effectiveness of green finance initiatives.

In Ghana, she stressed that these tangible benefits need to be evident to the local farmer community. Ecobank plans to link its green financing to measurable results for its beneficiaries, as demonstrated by its solar financing program funded by the Green Climate Fund. This program measures the impact of solar installations on energy costs, directly linking the financing to the beneficiaries, whether they are farmers or businesses.

Following the recent dialogue, the next step will be to translate the discussed ideas into action and broaden the reach of green financing to more beneficiaries across the agricultural value chain, according to Amanquah.