Ghana will require an estimated $562 billion to fully implement its National Energy Transition Framework by the year 2070, according to the Ministry of Energy.

This was revealed by Dr. Robert Sogbadji, Deputy Director for Nuclear and Alternative Energy at the Ministry, during a stakeholder engagement session on May 21 in Accra. The event focused on Ghana’s roadmap toward cleaner, more sustainable energy systems.

Dr. Sogbadji emphasized that funding such an ambitious transition cannot rely solely on government resources.

“We need about $562 billion to complete this energy transition by 2070. It’s not just the government that must raise this money. The private sector, development partners, and multilateral development banks all need to come on board to make this a reality,” he said.

Ghana currently has electricity access reaching over 89 percent of the population. The government aims to expand this coverage while ensuring that all future energy developments adhere to environmentally sustainable standards.

Dr. Sogbadji also highlighted the need for inclusive national participation, urging involvement from regional and district authorities, as well as increased public education to foster sustainable habits across communities.

The energy transition is expected to bring a host of benefits, including the creation of green jobs, improved energy security, reduced greenhouse gas emissions, and greater climate resilience.

Ghana has already made notable strides, with ongoing initiatives such as solar mini-grid installations for island communities and plans for 33 additional mini-grid systems. These projects form part of the country's broader strategy to transition from fossil fuels to renewable energy sources.

The Ministry of Energy sees the transition not only as an environmental necessity but also as a critical economic and developmental opportunity for Ghana’s future.