Investigating Barriers to Low-Carbon Policy Implementation Among Mining Companies in Ghana (65420)
Session Chair: Ann DuHamel
Friday, January 6, 2023 (13:55)
Session: Session 4
Room: 318B
Presentation Type:Oral Presentation
Efforts for carbon emission reduction have been identified as a major climate change mitigation target in the Paris Agreement. COP26 highlighted the worldwide effort for cleaner and greener mining, urging the mineral industry to embrace greener operational emissions reduction technologies and strategies. Ghana pledged at the Paris Conference to reduce CO2 emissions by 15% and increase renewable energy penetration to 10% of the national energy mix. Ghana’s efforts to implement low-carbon policy were hampered by a number of reasons. Ghana is Africa’s leading gold producer and the world’s seventh largest producer. Mining has contributed significantly to foreign currency acquisition and government revenue. The gold mining sector contributes approximately 95% of Ghana’s total mineral revenue. Considering these situations, the fundamental question is how Ghana’s mining industry can contribute to CO2 emission reductions. This paper investigates the barriers to the low-carbon emission policy implementation among mining companies in Ghana. The questionnaire survey was used to understand the barriers to implementing low-carbon emission policies among four large-scale gold mining companies. The results show that the companies expressed issues of cost, inadequate information, and lack of a government-specific policy framework to reduce carbon emissions. We found that a major challenge among companies was the expected cost involved in implementing low-carbon emission policy. Also, the government lacks a specific policy framework to influence companies to adopt carbon reduction policies. There is a need for the government to provide specific carbon reduction laws and regulations to enforce company complaints.
Authors:
Seth Adom, University of Tsukuba, Japan
Kenichi Matsui, University of Tsukuba, Japan
About the Presenter(s)
Mr SETH ADOM is a University Postgraduate Student at University of Tsukuba in Japan
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