Ghana adopts Global Biodiversity Framework to drive SEG financing

Ghana has adopted the Kunming-Montreal Global Biodiversity Strategy and Action Plan as part of its commitment to the Sustainable Development Goals (SDGs).

In April 2025, the country launched its Biodiversity Finance Initiative (BIOFIN) with funding from the Global Environment Facility (GEF-8) Umbrella Programme.

The three-year programme aims to safeguard Ghana’s rich biodiversity while securing sustainable financing for environmental protection.

Speaking at the Ghana Biodiversity Finance Plan Multi-Stakeholder Workshop on September 10, 2025, Reginald Asare, Project Lead and Sustainable Finance Specialist at the United Nations Development Programme (UNDP), said Ghana is revising its national framework to reflect emerging global trends.

Asare emphasised that sustainable financing will be key to the success of this effort.

“We need a financing strategy to help the country mobilize the necessary resources and provide the funding required for Ghana to properly execute and implement the NBGF,” he stated.

He noted that the ongoing revision builds on the Resource Planning (RP) targets set between 2011 and 2020, ensuring continuity and alignment with past biodiversity efforts.

“I’m happy to mention it’s well represented here that work is ongoing to revise the NBGF, which is aligned with the previous RP targets set from 2011 to 2020,” he added.

The BIOFIN approach, developed by UNDP and already implemented in over 133 countries worldwide, brings together finance and environment ministries, the private sector, and civil society to align national development priorities with nature-positive investments.

SP/MA

GhanaWeb's latest documentary, Sex for Fish, that explores the plights of teenage girls in coastal communities, all in an attempt to survive, is out. Watch it below: