Deliberate financing key to achieving net-zero emission – Opoku Prempeh at 24th WPC

Energy Minister, Dr Matthew Opoku Prempeh, has emphasised that achieving net-zero emissions in line with the Paris Agreement necessitates a concerted effort focused on technology transfer, infrastructure development, and deliberate financial support.
He highlighted these factors as critical to attaining the desired targets during a ministerial session at the 24th World Petroleum Congress.
Speaking under the theme ‘Energy Transition and What It Means for Your Country’, Dr Opoku Prempeh acknowledged the challenges facing the energy transition dialogue.
“These challenges include limited technological capabilities, low productivity, weak capital markets, and high input costs,” he stressed.
Additionally, he pointed out that Africa faces specific obstacles such as a significant energy deficit, insufficient human capital, and a lack of essential infrastructure.
In conclusion, the Minister emphasised the importance of addressing these challenges through technology transfer, infrastructure development, and strategic financial investments to effectively transition towards net-zero emissions and meet the goals outlined in the Paris Agreement.
Source: Classfmonline.com/cecil Mensah
Trending News
Packaged Water Producers urge gov't to suspend new excise tax on plastic packaging
14:10Suspended Chief Justice a victim of her own actions -GFL boss
14:31Volta Region to benefit from improved network connectivity, Minister assures at National Girls-in-ICT Climax
23:56CJ breaks silence on suspension today
13:08NDC Legal Director berates Bawumia’s “rich ideas” comment
06:34Eric Opoku visits Cardinal Peter Turkson at the Vatican
10:25Agric Minister meets Ghanaian community in Italy
14:17W/R: 17 persons arrested for illegal mining
00:07Mahama in Brussels to champion GAVI vaccine replenishment at Global Health Summit
12:52Defence Minister engages National Homeownership Fund to secure housing for personnel
08:26