STORIES

Greening The Economy: GCIC Explores Policy Alternatives In Round Table Sessions

Written by: Anne Asantewaa Sackey

Marketing and Communications Director, GCIC

The issue of climate change has become more pressing than ever, and it is now widely recognized that it is imperative to transition towards a greener economy. However, the question remains: how can we achieve this transition? One approach is the facilitation of round table sessions, to drive discussions on policy alternatives.

GCIC recognizes that fiscal policy has the greatest potential for the speedy redress of policy shortcomings that have slowed the transition to a low carbon economy. Through PAGE-Ghana (Policy Alternative for Green Economy), with a focus on advocating for gender sensitive, green, and climate-resilient fiscal policy interventions, the GCIC hosts policy roundtables, undertakes research on policy alternatives and provides inputs into the Government’s Annual Budget process. The roundtables are an opportunity to demonstrate innovation and to improve the effectiveness of its policy advocacy program by focusing on advocating for green, climate-resilient fiscal policy interventions such as Carbon Budgets. 

The GCIC is mandated to hold four sessions each year, bringing together male and female stakeholders, such as government officials, business leaders, and environmental advocates, to discuss the opportunities and challenges of transitioning towards a greener economy. By engaging in open and constructive dialogue, participants identify biases, discuss gender-sensitive policy solutions and explore different policy alternatives and identify common ground for action in the green economy.

It is important to note that the Ghana Climate Innovation Centre’s work, supported by Global Affairs Canada, over a period of four (4) years, will incubate a total of 240 climate entrepreneurs in the small and growing business sector from across Ghana.