The Ghanaian economy experienced a positive growth trajectory over the past decade; however, the economic structure has not changed as the country continues to depend on natural resource extraction, such as gold and oil. This has had a significant negative environmental impact.
The COVID-19 pandemic has also eroded many economic gains and created significant job losses in both the formal and informal sector, where many Ghanaians are employed. But, the COVID-19 pandemic has created an opportunity for the Government of Ghana to shift from natural resource-based development to socially inclusive and sustainable environmental development.
This paper shows that the Government of Ghana has an opportunity to implement a green recovery through its medium- and long-term economic revitalization programme. Using the fiscal space created through debt reliefs and concessionary loans, it could invest in green programmes to foster green jobs.
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