World Bank considers Climate Innovation Center in Ghana

The World Bank
The World Bank

The World Bank says it is considering the establishment of a Climate Innovation Center (CIC) in Ghana.

According to the Bank, the CIC will support domestic climate technology industries in the country as it is tailored to meet the needs of local industry, investors, technology and skills.

“The Climate Innovation Center (CIC) being considered here would support domestic climate technology industries by addressing locally relevant barriers to climate technology transfer, development and deployment by the private sector development,” the Bank’s Acting Country Manager Ms. Coleen Littlejohn announced in Accra September 11, 2013.

If established, Ms Littlejohn said Ghana would join a growing global network of these centers which have now been established in a number of countries including Ethiopia, India, Kenya, South Africa, the Caribbean and Vietnam.

In addition to incubating promising start-ups, the World Bank indicated that the CIC would also provide access to finance, access to product testing facilities, market information, policy advocacy and technical assistance.

The Center, when set up will focus on areas such as climate smart agriculture, off-grid renewable energy, waste water treatment technology, climate-resistant infrastructure and energy-efficient manufacturing.

By Ekow Quandzie

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