Ghanads Private Sector Engagement Strategy for the National Adaptation Plan

The strategy identifies key climate-vulnerable sectors in Ghana—including agriculture, construction, finance, and mining—and outlines a roadmap for integrating private sector actors into the National Adaptation Plan (NAP). It analyzes barriers such as high interest rates, low awareness, and limited technical capacity, proposing solutions like blended finance, sector-specific training, and the use of business membership organizations (BMOs) as conduits for engagement. The document emphasizes a 'business case' for adaptation, focusing on risk management and new market opportunities, and provides a set of guiding principles to ensure dynamic and efficient public-private collaboration.

• The private sector in Ghana faces four primary categories of barriers to climate adaptation: finance, information sharing, capacity development, and institutional arrangements.
• Financial barriers include high interest rates and short loan durations, which can be addressed through concessional finance, blended finance instruments, and fiscal incentives such as tax breaks and risk guarantees.
• Agriculture and fisheries are prioritized for engagement due to extreme vulnerability, particularly for smallholder farmers who rely on rainfed agriculture and lack formal financing.
• The building and construction sector is identified as both vulnerable to climate impacts and essential for resilience, as existing infrastructure often fails to account for climate risks at the design stage.
• The financial sector is exposed to climate risk through the potential deterioration of capital and hindered loan repayments from enterprises in vulnerable sectors like agriculture and energy.
• Micro, small, and medium enterprises (MSMEs) constitute approximately 92% of all Ghanaian businesses and are highly vulnerable, with 23–25% in sub-Saharan Africa unable to access adaptation finance.
• The strategy proposes using Business Membership Organizations (BMOs), such as the Private Enterprise Federation (PEF) and the Ghana National Chamber of Commerce and Industry, as 'multipliers' to efficiently reach a wide range of private firms.
• Institutional barriers include a perceived lack of policy continuity beyond current administrations and a lack of interministerial coordination, leading to conflicting government messages.
• The business case for private sector investment in adaptation is based on managing risks for business continuity, capitalizing on new markets for resilient technologies, and complying with regulations.
• The strategy recommends specific modalities for engagement, including the creation of cross-sectoral policy groups, utilizing existing forums like the Agricultural Working Group, and conducting purpose-driven training workshops.

APA

NAP Global Network (2020). Ghanads Private Sector Engagement Strategy for the National Adaptation Plan. https://napglobalnetwork.org/wp-content/uploads/2020/05/napgn-en-2020-ghana-private-sector-engagement-strategy-for-nap.pdf

Chicago

NAP Global Network. Ghanads Private Sector Engagement Strategy for the National Adaptation Plan. 2020. https://napglobalnetwork.org/wp-content/uploads/2020/05/napgn-en-2020-ghana-private-sector-engagement-strategy-for-nap.pdf.

Wikipedia

{{cite report |author=NAP Global Network |title=Ghanads Private Sector Engagement Strategy for the National Adaptation Plan |date=May 2020 |url=https://napglobalnetwork.org/wp-content/uploads/2020/05/napgn-en-2020-ghana-private-sector-engagement-strategy-for-nap.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{napglobalnetwork2020ghanads, author = {{NAP Global Network}}, title = {{Ghanads Private Sector Engagement Strategy for the National Adaptation Plan}}, institution = {NAP Global Network}, year = {2020}, month = may, url = {https://napglobalnetwork.org/wp-content/uploads/2020/05/napgn-en-2020-ghana-private-sector-engagement-strategy-for-nap.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }