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Jospong Group outlines blueprint for private sector action in carbon markets at COP30

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BY:  ALEX ADI 

The General Manager of Jospong Green Transition Office, showcased Ghana’s private sector leadership in climate action at the World Climate Foundation panel discussion during COP30 in Belem, Brazil.

He highlighted how Jospong Group leveraged Ghana’s Article 6 framework to drive environmental and social impact, emphasizing community engagement and benefit-sharing models.

This approach has supported local development, including schools, clean water, and reforestation initiatives. Dr. Gyimah’s presentation underscored the potential for carbon markets to transform national development and green growth. 

“The clarity brought by Ghana’s Carbon Market Office and National Authorization Framework transformed carbon markets from a policy discussion into a viable business opportunity,” he stated.

He outlined the JGC’s significant progress since 2024, highlighting five key implementation milestones.

“We have successfully integrated our project portfolios with Ghana’s National Carbon Registry, making our composting, landfill gas recovery, and clean cooking initiatives among the first to be officially tracked in the national system,” he explained.

He mentioned that Jospong Group’s approach goes beyond mere carbon credit generation. 

“For us, participation in carbon markets represents a fundamental redefinition of the private sector’s role in national development,” he noted. 

“Every ton of carbon we mitigate must tell a social story – creating green jobs, improving agricultural yields through organic fertilisers, and enhancing urban air quality.”

Addressing the practical challenges of implementation, Dr. Gyimah acknowledged initial hurdles but highlighted progressive solutions. 

“While we faced complex MRV protocols and high verification costs initially, through public-private dialogue we’ve developed workable solutions that maintain both environmental integrity and investment viability,” he said.

Dr. Glenn Gyimah highlighted four emerging carbon market models in Ghana, stressing community engagement. And the Jospong Group is leading the way. “Our community benefit-sharing model ensures that carbon revenue is reinvested in local development – supporting schools, clean water, and reforestation initiatives,” he elaborated.

The Jospong executive concluded with a forward-looking vision, stating, “Our experience demonstrates that when government and business sync, carbon markets drive sustainable development – they evolve into powerful instruments for sustainable national development and green growth.

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