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The Ghana Natural Capital Accounting (G-NCA) team participated in the Climate Change and Green Economy Week, an annual event organized by the Environmental Protection Agency (EPA) of Ghana. This provided a good opportunity to put a spotlight on the NCA work and its relevance to the sustainable development and climate agenda at national level.
It was a colorful display of Ghanaian culture at the opening ceremony, symposium and exhibition day, where the G-NCA team made a presentation on Leveraging Natural Capital Accounting to Inform Climate Change & Biodiversity Decisions, as well as set-up an exhibition booth showcasing key details about the valuable work being done by the Ghana team and the preliminary results and findings from the land and ecosystem accounts.
Mr. Kwame Fredua Agyemang, the G-NCA Project Coordinator and presenter at the symposium, emphasized the critical linkages between Natural Capital Accounting (NCA), climate change, and biodiversity for sustainable development, noting their significant impact on natural capital. “Natural Capital Accounting is crucial for addressing both climate change and biodiversity loss by providing the data and valuation needed for making informed decisions that support sustainability goals,” said Kwame.
Highlights of his conclusions were:
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Climate Resilience: By valuing and protecting ecosystems, we can mitigate climate impacts, adapt to changing conditions, and enhance community resilience.
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Biodiversity Preservation: Reinforce the need for biodiversity preservation as a fundamental component of natural capital. Healthy ecosystems support biodiversity, which in turn strengthens ecosystem services that are crucial for human well-being
G-NCA envisions a future where natural capital accounting is widely adopted, leading to better environmental outcomes, improved biodiversity, and enhanced resilience to climate change.
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