The Jospong Group is showing how Ghana’s private sector can move effectively from carbon market preparation to real climate action, according to Ing. Dr. Glenn Kwabena Gyimah, General Manager of the Jospong Green Transition Office.
Speaking during a World Climate Foundation panel discussion held alongside the COP30 Brasil Amazonia summit in Belem on Friday, November 14, Dr. Gyimah explained how the company has used Ghana’s Article 6 framework to advance both environmental and social progress.
“The direction provided by Ghana’s Carbon Market Office and National Authorization Framework shifted carbon markets from a policy idea into a practical business pathway,” he said.
He highlighted the JGC’s major achievements since 2024, pointing to five significant implementation milestones.
“We have fully linked our project portfolios with Ghana’s National Carbon Registry, allowing our composting, landfill gas recovery, and clean cooking projects to become some of the first officially recorded in the national system,” he noted.
He emphasized that the Jospong Group’s strategy extends far beyond generating carbon credits.
“For us, involvement in carbon markets marks a fundamental rethink of the private sector’s contribution to national development,” he remarked.
“Every ton of carbon we reduce must reflect social value – creating green employment, supporting farming through organic fertilisers, and improving urban air quality.”
Discussing the realities of implementation, Dr. Gyimah admitted that early challenges were significant but said progress has been steady. “Although we initially faced complex MRV requirements and high verification expenses, dialogue between the public and private sectors has produced realistic solutions that preserve environmental integrity while supporting investment,” he added.
Dr. Gyimah described four new models shaping Ghana’s evolving carbon market, stressing the value of community participation. “Our community benefit-sharing arrangement ensures that carbon revenues return to local development – strengthening schools, providing clean water, and supporting reforestation,” he explained.
He concluded with an outlook focused on collaboration, saying, “Our experience shows that when government and business move in alignment, carbon markets become more than trading systems – they grow into tools for green growth and sustainable national development.”