Sweden cancels Ghana climate project after emissions fail

Sweden Ghana climate project plans have been halted after the Swedish Energy Agency found that no verified emissions reductions had been achieved from a solar programme in Ghana, a case that raises new questions about how countries use international carbon markets to meet national climate goals. The project was meant to help Sweden count 165,000 tonnes of carbon dioxide equivalent in emissions reductions by 2030. Instead, according to documents reviewed by SVT, the initiative failed to produce confirmed climate gains, leading the Swedish Energy Agency (Energimyndigheten) to stop it before public funds were paid out. Sweden’s Ghana climate project falls behind schedule The agreement was signed in 2023 between the Swedish Energy Agency and Stella Futura, a company expected to develop rooftop solar installations with battery storage for commercial and industrial sites in Ghana. The original aim was to reduce the use of diesel-powered backup generators and fossil-based electricity. Sweden would then be able to count the resulting emissions cuts under international climate cooperation rules linked to the Paris Agreement. The contract was worth SEK 90 million (about €8.2 million), but the money will not be paid. The agency concluded that the timetable could no longer be met. “We assess … The post Sweden cancels Ghana climate project after emissions fail appeared first on NordiskPost .