President John Dramani Mahama on Monday announced that Ghana is developing a National Environmental Sustainability Governance (ESG) and Climate Disclosure Roadmap to standardise sustainability reporting across sectors.
The Roadmap, he explained, was to attract green investments while guarding against greenwashing. President Mahama, in a speech read on his behalf at the opening of a summit on ESG reporting and sustainable growth, in Accra, explained that the roadmap would be adaptable to enterprises of all sizes.
It would also ensure that businesses and institutions aligned with global best practices in transparency, environmental stewardship, and social responsibility, he added.
"Our National ESG and Climate Disclosure Roadmap will provide a common framework for reporting, guiding capital towards green and inclusive investments," he said.
The President hinted that the Roadmap was being developed alongside an Energy Transition Investment Pipeline and a Sustainable Finance Framework to channel private and public finance into climate-friendly projects.
The two-day summit is being organised by TSL Sustainability, in collaboration with the ministries of Energy and Green Transition, Environment, Science and Technology, (MEST), and Lands and Natural Resources. It is being held on the theme: "Sustainable Growth: ESG Reporting, EU Taxonomy, and Strategic Pathways for Developing Economies."
The summit is discussing ESG reporting frameworks, exploring how African economies can strategically position themselves in the green transition by addressing critical challenges and climate change, artisanal and small-scale mining, energy transition, sustainable finance, and governance reforms.
It will also highlight innovative solutions for resilience and inclusive growth.
President Mahama said Ghana's broader transition vision rested on three pillars, comprising energy security, industrial decarbonisation, and inclusive development.
He cited the country's efforts in renewable energy expansion, nuclear power deployment, universal energy access, clean cooking solutions, and decentralised energy systems to ensure no community was left behind.
On the industrial front, President Mahama said Ghana was promoting energy efficiency, clean fuels, and green hydrogen, while safeguarding natural capital and empowering host communities.
To back these efforts, innovative financing tools such as green bonds and sustainability-linked instruments would be leveraged. The
The President noted that the effective implementation of the roadmap would require strong data infrastructure and capacity building for all stakeholders.
He said the country had also prioritised its Nuclear Readiness and Governance Programme to ensure safe, transparent nuclear energy deployment, in addition to fast-tracking renewable energy procurement, grid reinforcement, and universal access initiatives.
By embedding transparency into its transition agenda, Ghana aimed to formalise the informal sector, green value chains, deepen capital markets, and protect livelihoods while positioning the country as a leader in sustainable finance on the continent.
Dr Shelter Lotsu, the Chief Executive Officer of TSL Sustainability Ghana,
said three major outcomes were expected from the summit; policy recommendations, capacity building, and strong case for mandatory ESG reporting.
"It is expected that Ghana will move beyond voluntary guidelines towards a mandatory ESG reporting regime that aligns with global standards, attracts capital and secure our competitive future," he said.
Ms Ayesha Bedwei Ibe, the Tax Leader at Price Waterhouse Coopers, said Africa must seize the generational opportunity to to build more resilient, inclusive and sustainable economies, and not merely adapting to global trends.