Low Emission Capacity Building (LECB) Project
The project will focus on strengthening Ghana’s capacity to align its economic development to a low carbon path. It is expected that the implementation of the LECB project activities will contribute to reduce Greenhouse Gas (GHG) emissions, directly or indirectly in the economic development of Ghana.
Not only would the implementation of the LECB project help achieve the relevant low carbon development objectives in the national climate change policy, it will also contribute to the overall mainstreaming of climate change into national development. The project will therefore have three outcomes:
1. Develop up to 2 energy-related financeable Nationally Appropriate Mitigation Actions (NAMAs) and the associated Measurement, Reporting and Verification (MRV) system. The development of the NAMAs will not only serve as good learning experience for private businesses and investors that are interested in developing similar projects, it would also have turn-key value.
2. Finalize and promote the NAMAs Investor Guide to attract private capital into the NAMAs investment sectors. As part of the activities to promote the investor guide, key frontline investment organisations such as Ghana Investment Promotion Centre, Ministry of Trade, Private Enterprise Foundation, etc. will be extensively engaged to create the necessary awareness about the potential NAMA investment opportunities.
3. Strengthen the GHG national inventory system, building on the experience in designing of project-based MRV for CDM and, where possible, catalyse greater synergies with the national inventory system reforms that are taking place under the Third National Communication (TNC).
The LECBP is implemented in 25 countries. More information on this website: http://www.lowemissiondevelopment.org/about-us
• GHG Central Database established at the Environmental Protection Agency
• NAMA Investor Guide finalized
The total project budget is $ 642,000, funded by the Australian Government, European Commission, German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety. Total expenditure as at May 20, 2014 was $83,000.