Youth group demands transparency in $20m low-carbon cement project
The Strategic Youth Network for Development (SYND) GenZs have called on the International Finance Corporation (IFC), Continental Blue Investment (CBI) Ghana Limited and the Environmental Protection Authority (EPA) to disclose progress on environmental and social safeguards for Ghana’s low-carbon cement project. The post Youth group demands transparency in $20m low-carbon cement project appeared…
The Strategic Youth Network for Development (SYND) GenZs has demanded transparency from the International Finance Corporation (IFC), Continental Blue Investment (CBI) Ghana Limited, and the Environmental Protection Authority (EPA) regarding the progress of environmental and social safeguards for a low-carbon cement project in Ghana.
The project, which involves a limestone calcined clay cement (LC3) plant in Tema and a clay quarry at Togorme in the Volta Region, received a $20 million financing approval from the IFC. The youth group has raised concerns about the lack of public updates on the 12 environmental and social commitments made to the IFC, despite deadlines having passed.
SYND GenZs' Founder and Executive Coordinator, Chibeze Ezekiel, emphasized the importance of transparency, stating that a climate solution project must show its work and that communities and workers have a right to know whether the project is fulfilling its commitments.
Brief written by urgent.news from Ghana Business News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
