The International Development Association (IDA), an agency of
the World Bank has earmarked US$5.5 million to support over 55 communities in
Ghana to fight climate change as part of the natural resources management
project.
The amount US$5.5 million form part of the Ghana’s Dedicated
Grant Mechanism for Local Communities project (G-DGM) which aimed at strengthen
the knowledge base of these communities and practices towards reducing
deforestation and improving the sustainable management of their activities.
The beneficiary communities are selected from Brong-Ahafo and Western Regions of Ghana.
The beneficiary communities are selected from Brong-Ahafo and Western Regions of Ghana.
According to IDA, the project will contribute towards helping
the communities better understand REDD+ (Reducing Emissions from deforestation
and Forest degradation plus conservation of Forest, Sustainable Forest
management and Enhancement of Forest Carbon Stocks).
Mr. Henry Kerali, the World Bank Country Director for Ghana
said "this project contributes to the World Bank Group Country Partnership
Strategy (CPS) for Ghana and addresses climate change issues through support
for REDD+ and other programs related to water management and land
degradation."
The G-DGM project will also enable targeted communities to
share their knowledge and farm level practices and lessons learned with others,
at community, national and international levels; thus making them more
resilient to man-made pressures and climate change.
The project will finance capacity building and demand-driven
grants to local communities, and community based organizations of the targeted
communities.
This will assist Ghana to sustain economic growth, accelerate
poverty reduction and enhance shared prosperity in a sustainable manner.
Synergies will also be fostered with two other ongoing projects, the Forest
Investment Program (FIP), which also operates in these two regions and is
linked to this project, and the Forest Carbon Partnership Facility (FCPF)
project.
The G-DGM is a key piece in the implementation of the World Bank's Integrated Forests and Landscape Portfolio, a diverse portfolio comprising several operations (with different sources of financing, including IDA and trust funds).
The G-DGM is a key piece in the implementation of the World Bank's Integrated Forests and Landscape Portfolio, a diverse portfolio comprising several operations (with different sources of financing, including IDA and trust funds).
The project is supported by a variety of sources, including a
single-country Multi-Donor Trust Fund established in 2009 under the Climate
Investment Fund (CIF) partnership to provide fast-track climate financing to
reduce deforestation and degradation.
The project will be managed by a National Steering Committee
comprised of representatives of the local communities as well as observers from
Government and non-governmental agencies. Solidaridad West Africa will be the
implementing agency on behalf of the National Steering Committee.
The project is consistent with and aligned to the Ghana Shared Growth and Development Agenda II (GSGDA II) 2014-2017, which seeks to support growth and restore macroeconomic stability and accelerate agricultural modernization and natural resource management.
The project is consistent with and aligned to the Ghana Shared Growth and Development Agenda II (GSGDA II) 2014-2017, which seeks to support growth and restore macroeconomic stability and accelerate agricultural modernization and natural resource management.
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