Minister for Lands and Natural Resources, Samuel Abu Jinapor, has stated that the repercussions of carbon emissions know no borders, claiming that what occurs in Africa impacts the Americas and vice versa.
As a result, he urged investors and wealthy countries to collaborate with developing nations and make decisions that would help everyone catch up with the shift.
Speaking at the International Mines Ministers Summit in Toronto, Canada, he said that the value generated by the exploitation of natural resources that produce cleaner energy tends to favour developed countries, which always have the concentration of the capacity to process, beneficiate, or add value to these resources.
Mr Abu Jinapor called for a deliberate effort, an “affirmative action”, to help host nations of these minerals to benefit more fairly from their natural resource endowment.
The International Mines Ministers Summit (IMMS) is an annual event hosted by the Prospectors and Developers Association of Canada (PDAC) in collaboration with the World Economic Forum (WEF) and the Intergovernmental Forum on Mining, Minerals, Metals, and Sustainable Development.
The event brings together about twenty (20) Ministers of Mines, as well as leaders from the mining sector, financial institutions, and civil society organisations, to discuss a chosen topic.
The 2024 IMMS is the Summit’s ninth (9th) edition, with the topic “Striking a Balance for Success: Responsible Mining and the Energy Transition.”
Source: Energy Ghana