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Next year, Ghana will begin tracking its natural capital

Ghana plans to begin tracking its natural capital next year as part of its efforts to ensure sustainable economic growth and development. The natural capital refers to the country’s natural resources such as forests, wetlands, and ecosystems, which provide important services such as water regulation, carbon sequestration, and biodiversity conservation.

The government plans to establish a Natural Capital Accounting Framework that will help to measure and monitor the country’s natural capital, identify areas of depletion, and implement strategies for conservation and sustainable use. The framework will also assist in the development of policies and programs to protect and manage the country’s natural resources.

The tracking of natural capital is expected to provide important data for Ghana’s economy, and will help to align the country’s development with the United Nations’ Sustainable Development Goals (SDGs). It will also provide useful information for investors, businesses, and other stakeholders, who can use the data to make more informed decisions about natural resource management.

Overall, the tracking of natural capital in Ghana will be an important step towards sustainable development and economic growth, and will help to ensure that the country’s resources are used responsibly and sustainably for future generations.

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