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Business News of Monday, 8 July 2024

Source: classfmonline.com

Our forests invaluable, let’s protect it – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo President Nana Addo Dankwa Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has emphasised the importance of Africa’s forests to its people, describing them as invaluable.

He said that although the forests provide ecological, economic, and cultural benefits essential to our way of life, they are threatened by illegal logging, agricultural expansion, and climate change.

At the closing ceremony of the International Conference on Afforestation and Reforestation in Brazzaville, on Friday, July 5, 2024, he encouraged leaders to take decisive action to implement sustainable forest management policies, combat illegal activities, and support the livelihoods of communities dependent on these ecosystems.

He suggested that investing in research and technology to enhance the understanding of forest dynamics is also crucial for improving reforestation efforts.

Making a case for Ghana, he said the West African country has made significant strides in forest restoration, adding that since 2016, "we have established over one million hectares of forest plantations, enrichment planting, and native tree seedling projects."

These efforts, he said, have created rural employment for thousands and supported food security through agroforestry initiatives.

Nana Akufo-Addo further stated that Ghana’s Green Ghana Day Initiative, launched in 2021, has seen the planting of over 52 million trees in just four years, thanks to the enthusiastic participation of citizens, schools, and the private sector.

Despite these achievements, he admitted that much work remains.

"We need increased and dedicated financing to sustain our efforts. The tropical domain, home to nearly half of the world's forests, cannot fund the required $393 billion annually alone. We must pool resources and incentivize local communities to protect forests," he said.

He encouraged the gathering to think globally but act locally, prioritising environmental stewardship alongside development.

He indicated that Ghana remains committed to leading in forest conservation and restoration, thus helping to ensure a sustainable future for all.