Chartered Environmentalist Dr Eric Twum has called for Ghana to embrace sustainable and inclusive growth.
In an article for Graphic Online, he argues that sustainable resource-driven development can be achieved only by ensuring citizen representation in decision-making relating to natural resource use and management. In addition, he stresses the importance of recognising the connections between environmental sustainability, economic growth, institutional strengthening and social equity. According to Dr Twum, this mindset would result in the adoption of strong policies and implementation frameworks linked to exploration, exploitation, taxation, capacity building and deepening of the financial sector and investment.
Dr Twum also calls for Ghana to adopt a natural capital accounting system, which would calculate the the total stocks and flows of natural resources and services in a given ecosystem. Similar to the World Bank's Natural Capital Accounting (NCA) framework, he argues this would allow for decision-making which takes into account all the costs and benefits of economic and environmental activities, including pollution.