Ghana warns businesses over new EU carbon rules
Government is urging Ghanaian businesses, particularly manufacturers and exporters, to prepare for new European Union carbon regulations that could affect their competitiveness and access to international markets.
Ghana is alerting businesses, especially manufacturers and exporters, to anticipate new European Union (EU) carbon rules that could impact their competitiveness and access to global markets. Seidu Issifu, the Minister of State for Climate Change and Sustainability, spoke at the Ghana National Climate and ESG Policy Summit in Accra, outlining the potential implications of the EU's Carbon Border Adjustment Mechanism (CBAM) for Ghana's industrial development and trade.
The CBAM took effect on January 1, 2026, imposing carbon-related requirements on certain goods imported into the European Union. Issifu emphasized the need for businesses to strengthen their emissions reporting and transition to cleaner production methods in light of the evolving environmental standards. He urged the private sector to evaluate their production processes, energy sources, and carbon footprints to prepare for the forthcoming changes.
Issifu stressed that the CBAM should not be seen merely as a compliance burden, but as a reflection of the direction international markets are heading. He advocated for a collaborative effort among the government, industry associations, and financial institutions to enhance awareness and bolster businesses' ability to adapt to the new regulations.
Issifu highlighted that preparing for the revised carbon requirements is crucial for safeguarding Ghana's export competitiveness in an increasingly environmentally regulated global trade landscape.
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