As the world heads to COP31 in Antalya, Türkiye, a new financial frontier is reshaping climate action: carbon finance. With global carbon markets now valued at nearly $890 billion, nations are racing to turn emission cuts into investable assets. Ghana is seizing that moment. Having just joined the Coalition to Grow Carbon Markets alongside Türkiye and Luxembourg in August, the West African nation is positioning to unlock billions for clean cooking, forests and renewable energy. But can Ghana scale fast while ensuring integrity and avoiding greenwashing? West Africa Bureau Editor Dela Ahiawor examines how Ghana is aligning local ambition with this global strategy.
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