The World Bank is launching a Climate Innovation Center (CIC) in Ghana. The Ghana CIC will support the growth of Ghana’s local climate (clean) technology businesses with a comprehensive suite of financing and business incubation services.
As one in a global network of CICs supported by infoDev’s Climate Technology Program, the Ghana CIC will be a high-visibility organization that will attract attention from international organizations, regional bodies, governments, investors, multi-national corporations, and others. Additional background on the infoDev Climate Technology Program is available at: www.infodev.org/climate
Each CIC provides a range of services to enable domestic industry and SMEs to pro-actively and profitably develop innovative climate technology (clean tech) solutions that meet local needs. This supports countries’ economic development, job creation and industrial competitiveness in clean technologies, the most promising sectors of the 21st century.
The soon-to-be-launched GCIC is supported by the Danish International Development Cooperation Agency as well as the Danish government in an effort to assist more than 20 000 households to increase resiliency to climate change.
Country director of the World Bank Yusupha B. Crookes echoes this vision: “In line with the National Climate Change Policy, by accelerating the development of local clean technology companies the Ghana Climate Innovation Center will help reduce the country’s vulnerability to climate change, while also creating jobs and promoting investments in new clean technologies.”
