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26 May 2017, Petia Krasteva, EMIS Editor

Ghana’s GCIC NGO ready to invest USD 1.1bn in clean energy

The Ghana Climate Innovation Center (GCIC) is ready to provide USD 1.1bn for clean energy projects, Ghana Web said referring to an interview of GCIC’s executive director Ruka Sanusi with Citi Business News. Sanusi explained that 50 entrepreneurs can benefit from the scheme with proposals for innovative solutions in the areas of solar energy, energy efficiency, water purification, waste management and climate smart agriculture.

The GCIC will provide both training and financial support to the selected firms. The goal is the solution proposed by entrepreneurs to be implemented and help solve some of the Ghana’s social and economic problems, Sanusi added.

The GCIC is part of the World Bank Group-sopported Climate Business Innovation Network launched in November 2016. The network brings together more than 30 foundations, donors, venture funds, and others to help local businesses in 12 countries develop clean technology and advance climate action.

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