Assist Developed Countries In Catching Up Energy Transition Agenda Jinapor tells Developers

Ghana’s Minister for Lands and Natural Resources, Hon Samuel Abu Jinapor has declared that the consequences of carbon emissions is no respecter of borders saying what happens in Africa affects the Americas, and vice versa.

He has therefore called on investors and developed countries to work together with the developing nations and make choices that carry everybody along in the quest of catching up with the transition.

Speaking at the International Mines Ministers Summit in Toronto, Canada, the DamangoLegislator again lamented that the value generated from the exploitation of the natural resources that produce the cleaner energy tends to favour developed countries, which invariably have the concentration of capacity to process, beneficiate or add value to these resources.

Despite Media Journalist, Sampson Kwame Nyamekye who is presently at the confab said the Lands Minister revealed African countries involved in the exploitation of green minerals are said to be making just about ten percent (10%) of this trillion Dollar industry.

Hon Abu Jinapor called for a conscious attempt, possibly “affirmative action”, to enable host countries of these minerals to benefit more equitably from their natural resource endowment.

The International Mines Ministers Summit (IMMS) is a annual Summit organized by the Prospectors and Developers Association of Canada (PDAC), in partnership with the World Economic Forum (WEF), and the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF).

The event brings together about twenty (20) Ministers responsible for Mines, together with captains of the mining industry, financial institutions and civil society organisationsto deliberate on a chosen theme.

The 2024 IMMS is the nineth (9th) edition of the Summit, and would be held under the theme, “Striking a Balance for Success: Responsible Mining and the Energy Transition.”

Touching on Ghana lithium exploitation, Hon Samuel Abu Jinapor said, Ghana’s President, President Akufo-Addo, insisted that until we adopt a policy for the exploitation and management of our green minerals, no lease should be granted their exploitation.

“Last year, we adopted our Green Minerals Policy, which provides the broad framework for the exploitation and management of these crucial minerals” he added.Sampson Kwame Nyamekye