{"id":255186,"date":"2024-11-23T13:57:06","date_gmt":"2024-11-23T13:57:06","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/11\/23\/green-finance-taxonomy-will-enhance-resource-mobilisation-for-investment-dr-dery\/"},"modified":"2024-11-23T13:57:06","modified_gmt":"2024-11-23T13:57:06","slug":"green-finance-taxonomy-will-enhance-resource-mobilisation-for-investment-dr-dery","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/11\/23\/green-finance-taxonomy-will-enhance-resource-mobilisation-for-investment-dr-dery\/","title":{"rendered":"Green Finance Taxonomy will enhance resource mobilisation for investment \u2013 Dr Dery"},"content":{"rendered":"<p><\/p>\n<div style=\"-webkit-user-select: none; -webkit-touch-callout: none; -moz-user-select: none; -ms-user-select: none; user-select: none;\">\n<p id=\"article-123\">The Director of Environment at the Ministry of Envi\u00adronment, Science, Technology and In\u00adnovation, Dr Peter Dery, has observed that the recently launched Green Finance Taxono\u00admy will help enhance the country\u2019s strategy to mobilise resources to support green investment.<\/p>\n<p>He commended the Ministry of Finance (MoF) for the initia\u00adtive noting that \u201cthis will prevent greenwashing and this is why the Ministry of Environment, Science, Technology and Innovation (MES\u00adTI) fully endorses this initiative.\u201d<\/p>\n<p>Greenwashing is the act of mak\u00ading false or misleading statements about the environmental benefits of a product or practice.<\/p>\n<p>Dr Dery, speaking at a meeting organised by the Finance ministry on the sidelines of the ongoing COP 29 in Baku, Azerbaijan, cited several instances where MESTI had turned down project documents because thorough assessment of those projects\u2019 methodologies and baselines revealed clear instances of greenwashing.<\/p>\n<p>\u201cSo MESTI will use this Green Finance Taxonomy launched by the Ministry of Finance to revise existing policies and frameworks to guide our selection for green investment in Ghana and help re\u00adform our own architecture towards attracting green investment,\u201d he assured.<\/p>\n<p>Dr Dery called on relevant institutions such as the National Development Planning Commis\u00adsion and other regulatory agencies to institutionalise policies and legis\u00adlations to back the main objectives of the Green Finance Taxonomy to \u201censure effective industry compli\u00adance and prevent greenwashing.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Director of Environment at the Ministry of Envi\u00adronment, Science, Technology and In\u00adnovation, Dr Peter Dery, has observed that the recently launched Green Finance Taxono\u00admy will help enhance the country\u2019s strategy to mobilise resources to support green investment. He commended the Ministry of Finance (MoF) for the initia\u00adtive noting that \u201cthis will prevent greenwashing and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":252838,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-255186","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Green Finance Taxonomy will enhance resource mobilisation for investment \u2013 Dr Dery - 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\/11\/23\/green-finance-taxonomy-will-enhance-resource-mobilisation-for-investment-dr-dery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Green Finance Taxonomy will enhance resource mobilisation for investment \u2013 Dr Dery - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Director of Environment at the Ministry of Envi\u00adronment, Science, Technology and In\u00adnovation, Dr Peter Dery, has observed that the recently launched Green Finance Taxono\u00admy will help enhance the country\u2019s strategy to mobilise resources to support green investment. 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