Ghana Infrastructure Investment Fund and UK Launch £5 Million Green Project Preparation Facility to Boost Climate Finance

In a strategic move to bridge Ghana’s infrastructure financing gap, FSD Africa, the British High Commission, and the Ghana Infrastructure Investment Fund (GIIF) officially launched the Green Project Preparation Facility (PPF) in Accra on June 18, 2026. The facility is backed by an initial £5 million commitment from the United Kingdom government and is designed to accelerate the development of climate-aligned infrastructure across the country. By focusing on the preparation phase of project development, the PPF aims to transform early-stage green concepts into bankable assets capable of attracting significant private sector investment.

The facility addresses a critical bottleneck in Ghana’s sustainable development: the lack of a robust pipeline of investable green projects. The PPF will provide technical and financial support to both public and private sector developers, helping to reduce development risks and ensure projects meet international environmental and social standards. The initiative targets several high-impact sectors, including renewable energy, urban infrastructure, water and waste management, transport, and sustainable housing. This comprehensive approach is intended to build long-term climate resilience in the face of escalating environmental challenges that threaten Ghana’s energy and agricultural stability.

Speaking at the launch, Nana Dwemoh Benneh, CEO of the Ghana Infrastructure Investment Fund, emphasized that the PPF would significantly enhance the nation's climate investment capabilities and streamline the path for private capital. Deputy British High Commissioner Terri Sarch reaffirmed the UK’s commitment to supporting Ghana’s economic development and climate goals, noting that well-prepared projects are essential for mobilizing the scale of finance required to meet national climate targets. The partnership underscores a shared vision of leveraging international expertise and local knowledge to drive sustainable economic growth.

As the Green Project Preparation Facility begins its operations, a pilot cohort of projects is already being identified for preparation. This initial phase will serve as a proof of concept for the facility’s ability to unlock private finance for green infrastructure. Stakeholders believe that by fostering a more structured investment environment, the PPF will not only help Ghana meet its international climate commitments but also position the country as a regional leader in green finance and resilient infrastructure development.