{"id":236093,"date":"2024-10-21T07:55:46","date_gmt":"2024-10-21T07:55:46","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/10\/21\/tackling-galamsey-key-to-unlocking-sustainable-economy-un\/"},"modified":"2024-10-21T07:55:46","modified_gmt":"2024-10-21T07:55:46","slug":"tackling-galamsey-key-to-unlocking-sustainable-economy-un","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/10\/21\/tackling-galamsey-key-to-unlocking-sustainable-economy-un\/","title":{"rendered":"Tackling galamsey key to unlocking sustainable economy \u2013 UN"},"content":{"rendered":"

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\"UN UN Resident Coordinator, Charles Abani<\/span><\/span><\/p>\n<\/div>\n

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The United Nations (UN) Resident Coordinator for Ghana, Charles Abani, has underscored addressing illegal mining or galamsey as crucial to establishing a sustainable economy.<\/p>\n

Outlining implications of illegal mining to the country\u2019s economy, he said it has significant devasting impacts on people, poverty, jobs, child-labour, the environment and water \u2013 and also drives illicit financial flows.<\/p>\n

Delivering his keynote address at the Institute of Sustainability Professionals Ghana (ISPG) launch, he said a study by the UN estimates that the minimum illicit financial flows impact in the region is US$3billion a year.<\/p>\n

\u201cPer our estimate in the UN, based on proxy figures from other countries in the sub-region where we have done this study, it showed that the minimum Illicit Financial Flows (IFFs) impact in the region is US$3billion a year,\u201d he said.<\/p>\n

\u201cThat is the size of money you borrowed from the IMF for three years to survive. So, if you address galamsey you will have a sustainable economy,\u201d he added, stressing that the ambition of attaining a sustainable economy is \u201clocked in the cupboard by galamsey and can be unlocked if we change the narrative\u201d.<\/p>\n

To corroborate the UN statistics, a study by the Africa Centre for Energy Policy (ACEP) on IFFs and the extractive industry in Ghana stated that in 2013 IFFS from illegal mining alone cost the country US$1.7billion.<\/p>\n

He urged citizens to keep up with the conversation on illegal and unregulated mining, because it is a catalytic issue that can transform the economy and lead to a sustainable country.<\/p>\n

The ISPG is dedicated to advancing sustainability practices and fostering professional development in Environmental, Social and Governance considerations and standards in Ghana.<\/p>\n

It aims to be a hub for knowledge-exchange, capacity building and strategic collaboration, providing a platform for professionals and organisations to develop a comprehensive sustainability framework.<\/p>\n

Focusing on the institute and its contributions, he welcomed the idea \u2013 stating that it presents a great opportunity for the country to view sustainability from a holistic perspective by looking at how it can be infused in every activity embarked on.<\/p>\n

He further urged stakeholders, business leaders, professionals, policymakers and young innovators to engage actively with ISPG\u2019s initiatives, so that collectively \u201cthey can drive sustainable development, not just for Ghana but as part of a global movement toward a greener, fairer future\u201d.<\/p>\n

President-ISPG, Professor Mathew Tsamenyi, noted that the institute aims to create a single platform for conversations on sustainability, ensure standardisation and empower companies and SMEs to embrace sustainability for business growth and preserve the environment for future generations.<\/p>\n

He added that for banks to offer financial support to clients and drive the sustainability agenda, customers must understand the concept of sustainability; therefore, the institute will organise masterclasses for participants and embark on outreaches at tertiary and secondary institutions to educate them on sustainability issues.<\/p>\n

For her part, Programmes Officer-ISFG Majorie Quansah said concerning the impact of climate change in every sector, sustainability has become \u201ceveryone\u2019s business\u201d \u2013 hence, she called on institutions and individuals to join the institute and broaden their knowledge base on the subject at hand.<\/p>\n

To ensure that the institute\u2019s goal is attained, \u201cthe long-term plan is to have it chartered in parliament and have it entrenched in the laws\u201d she said, adding: \u201cWe are focused and determined to drive sustainability in this country\u201d.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

UN Resident Coordinator, Charles Abani The United Nations (UN) Resident Coordinator for Ghana, Charles Abani, has underscored addressing illegal mining or galamsey as crucial to establishing a sustainable economy. Outlining implications of illegal mining to the country\u2019s economy, he said it has significant devasting impacts on people, poverty, jobs, child-labour, the environment and water \u2013 […]<\/p>\n","protected":false},"author":1,"featured_media":236094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-236093","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\nTackling galamsey key to unlocking sustainable economy \u2013 UN - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/10\/21\/tackling-galamsey-key-to-unlocking-sustainable-economy-un\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tackling galamsey key to unlocking sustainable economy \u2013 UN - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"UN Resident Coordinator, Charles Abani The United Nations (UN) Resident Coordinator for Ghana, Charles Abani, has underscored addressing illegal mining or galamsey as crucial to establishing a sustainable economy. 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