Information
- Submitted by: Ghana
- Topic: Green economy in the context of sustainable development and poverty eradication
- Keywords:
- Location: accra
- Date of completion: 2010
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Action network
- This voluntary initiative came from Green economy policies, practices and initiatives
Medium-Term National Development Policy Framework, Ghana Shared Growth and Development Agenda: 2010-2013
Description/achievement of initiative
The main target of this policy framework is to put the economy on the path to achieving a per capita income of least US $3000 by 2020 and attaining the Millennium Development Goals. The document emphasises the importance of sound management of natural resources and the environment for attaining these goals.
Source:
The document, therefore, aims to ensure "sustainability in the use of natural resources". Given the recent discovery of oil, the framework stipulates that A key policy objective is to ensure that the practices of the oil and gas industry are consistent with international standards of environmental sustainability. Natural gas utilisation will become a central part of every oil production project.