Ghana’s improving macroeconomic environment could unlock up to $7 billion in green bond financing, providing fresh capital for climate-aligned infrastructure, renewable energy, and sustainable development projects.
This is according to the Division Director of the International Finance Corporation (IFC) for the Gulf of Guinea, Nathalie Kouassi Akon, who said the stronger fiscal discipline, stable inflation, and predictable policy signals are critical to attracting long-term green investment into the country.
Speaking at a capacity-building workshop in Accra, organised in collaborationUy with the Securities and Exchange Commission of Ghana, she urged policymakers and investors to seize the momentum created by Ghana’s macroeconomic recovery to deepen the domestic green bonds market and crowd in private capital.
“It will take for investors to see the returns and to be exposed to transactions, and this is the role that we want to play,” she said, noting that the IFC intends to bring its global experience directly to Ghana’s market.
“Since we launched our green bonds programmes, we have channelled up to $15 billion in bond issuances across the world, and this is really the experience that we want to bring to the Ghana market.”
Nathalie Akon stressed that awareness, market confidence, and sustained macro stability will be key to accelerating growth in the sector.
“I also think that the improvement in terms of macroeconomic situation in Ghana will help to accelerate the momentum,” she added.
She disclosed that Ghana’s green bond potential was previously estimated at $7.4 billion as far back as 2021, spanning multiple sectors. “I mentioned $7.4 billion was an estimate in 2021, in terms of the potential for this market across the sectors that have been listed,” she said
