The Jospong Group of Companies (JGC) has inked a mouthwatering Memorandum of Understanding (MoU) with EKI Energy Services Ltd, setting sights on catalysing carbon credit development in Ghana.
This strategic collaboration aims to mobilise an impressive $1 billion in carbon credit financing, with a commitment to creating over a 1000 job opportunities by 2030 across Ghana and West Africa.
Under the terms of the agreement, EKI will provide JGC with essential technical assistance for the successful implementation of the project. The exclusivity of the partnership is secured for a robust five-year period.
Joseph Siaw Agyepong, the chairman of JGC, expressed confidence in EKI Energy’s expertise and leadership in climate change, emphasiding their role as the ideal partner for this venture.
“We are partnering with EKI Energy because of their experience, so they can hand-hold us and propel strong development in the sector,” Agyepong said.
In a commitment to nurturing future leaders in climate studies, Agyepong announced the provision of scholarships for 10 individuals interested in pursuing studies in climate change this year.
The CEO of EKI Energy Services Limited, Manish Dabkara, said his outfit is committed to attracting carbon investments for JGC.
With a track record of supplying over 200 million offsets, he emphasised his company’s technical knowledge and experience to deliver on their mandate.
Witnessing the ceremony, Henry Kokofu, the executive director of the Environmental Protection Agency (EPA), hailed the collaboration as a significant milestone that will position Ghana prominently on the global map. He applauded JGC and its chairman for the bold initiative in investing and leveraging possibilities in the climate change space.
“This is one of the legacies of President Akufo-Addo, who has championed private sector participation in the climate change arena,” Kokofu remarked, commending the Jospong Group for taking the lead where others hesitated.
Source: Daily Mail GH
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