Integrated ESG Ghana for Ghana

active

PROJECT BACKGROUND: The IESG Ghana project builds on the ESRM Ghana (601436) and CG Ghana (600667) projects which worked with the banking sector to increase the uptake of E&S and CG risk management practices. A key outcome of both projects were the development and adoption by BOG, of the SBPs (2019) and the CG Directive 2018. Both frameworks require ESG best practices and reporting from the banking sector. Components and activities will include: COMPONENT 1: Regulatory Level The component will aim to strengthen the regulator’s implementation of ESG risk supervision and deepen its strategy related to climate risk and financing of sustainability. COMPONENT 2: Market Level This component will create local capacity for the effective implementation of ESG best practices amongst the banks and the real sector businesses. COMPONENT 3: Firm level The project will offer client support to select firms to address ESG gaps, and strengthen the ESG risk frameworks and capacity of their businesses.