*‘We Must Not Sell Cheap Today What We May Need Tomorrow’ – Annoh-Dompreh Warns Govt on Carbon Credit Deals* 

Minority Chief Whip and MP for Nsawam-Adoagyiri, Hon. Frank Annoh-Dompreh, says Ghana must get its carbon credit market right to protect national interest and climate commitments.

Making a statement in Parliament on _“The Carbon Credit Market: Another Excellent Opportunity for Ghana to Get It Right,”_ he noted: “Mr. Speaker, I am indeed happy that Ghana has taken important early steps.”

Hon. Annoh-Dompreh said the rules must be clear from the start. “Timeline must be clear, fees must be reasonable, and the distinction between Article 6 transactions, the voluntary carbon market project, and non-authorised domestic carbon activities must be clearly communicated,” he stated.

He cautioned that carbon credits are not ordinary commodities. “They are linked to Nationally Determined Contributions, international reporting obligations, community access, land rights, biodiversity and future development space,” he said.

“Government must therefore ensure that the authorisation of Internationally Transferred Mitigation Outcomes does not weaken Ghana’s ability to meet its own climate commitments. We must not sell cheap today what we may need tomorrow to meet our own Nationally Determined Contributions targets,” the Nsawam-Adoagyiri MP warned.

Hon. Annoh-Dompreh also called for strict quality control. “Ghana must insist on high-integrity carbon credits. The global carbon market has suffered credibility challenges because of weak projects, inflated claims, double counting, poor community consultation and questionable additionality. Ghana must not become a destination for low-quality carbon projects,” he said.

Report by PKB