GHANA ENERGY TRANSITION AND INVESTMENT PLAN

Ghana aims to reach net-zero emissions by 2060, a transition requiring approximately USD 550 billion in capital investment. The plan identifies a shift toward solar PV, electric vehicles, and clean cooking as primary abatement drivers, while noting that without action, emissions could rise from 28 Mt CO2e in 2021 to over 140 Mt by 2050. The strategy emphasizes the need for de-risking instruments to attract private capital and the establishment of an Energy Transition Office to coordinate implementation.

• Ghana targets net-zero CO2 emissions by 2060. Without further action, emissions are projected to increase from 28 Mt CO2e in 2021 to more than 140 Mt by 2050, primarily driven by road transport due to population growth, GDP per capita growth, and vehicle ownership.
• The transition to net-zero by 2060 will require approximately USD 550 billion in cumulative capital investment, which is USD 140 billion more than a Business As Usual (BAU) scenario. The power and transport sectors will account for roughly 90% of this total investment.
• Six core decarbonization technologies are identified to anchor the transition: renewables, low-carbon hydrogen, battery electric vehicles, clean cookstoves, carbon capture and storage (CCS), and negative-emission solutions. Transport electrification is the largest contributor, driving approximately 40% of the abatement.
• The power sector will undergo a massive expansion, with demand growing 15x by 2060. Solar PV is expected to be the dominant source of new capacity, with over 150 GW projected by 2060, while nuclear and hydro will provide complementary low-carbon power.
• In the transport sector, passenger car ownership is projected to grow 18x between 2020 and 2060. The plan envisions a total replacement of fossil-fuel vehicles with electric vehicles by 2060, with used EVs becoming cost-competitive by the mid-2030s.
• The energy transition is expected to have a positive socioeconomic impact, potentially supporting 400,000 net new jobs by 2060. The majority of these jobs will be stimulated by investments in solar PV and EV charging or hydrogen fueling stations.
• To manage the transition, the document proposes a three-level governance structure: target setting, coordination and enabling (including the creation of an Energy Transition Office), and sector-level implementation.

APA

Sustainable Energy for All (n.d.). GHANA ENERGY TRANSITION AND INVESTMENT PLAN. https://www.seforall.org/system/files/2025-05/Ghana-ETIP.pdf

Chicago

Sustainable Energy for All. GHANA ENERGY TRANSITION AND INVESTMENT PLAN. n.d. https://www.seforall.org/system/files/2025-05/Ghana-ETIP.pdf.

Wikipedia

{{cite report |author=Sustainable Energy for All |title=GHANA ENERGY TRANSITION AND INVESTMENT PLAN |url=https://www.seforall.org/system/files/2025-05/Ghana-ETIP.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{sustainableenergyforallndghana, author = {{Sustainable Energy for All}}, title = {{GHANA ENERGY TRANSITION AND INVESTMENT PLAN}}, institution = {Sustainable Energy for All}, url = {https://www.seforall.org/system/files/2025-05/Ghana-ETIP.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }