Earlier this week, KPMG Partner Evans Asare called for an urgent need to incorporate environmental, social, and governance (ESG) principles into Ghana’s economic strategies to achieve sustainable development. Speaking at the Ghana Economic Forum, Mr. Asare stressed on the necessity of overhauling the country’s economic model to address current global challenges, including the aftermath of the COVID-19 pandemic, climate change, and geopolitical tensions.
“This year’s theme, ‘Unlocking Opportunities – Re-engineering Ghana’s Economic Model for Sustainable Development,’ is timely as it aligns with the global shift towards a greener, more sustainable future,” Mr. Asare stated. He noted that this shift is influencing investment flows and policy decisions worldwide, and urged Ghana to reevaluate its economic strategies to ensure resilience and sustainable growth.
The KPMG Partner identified key sectors—agriculture, energy, natural resources, and state-owned enterprises—as crucial to this transformation. He stressed the importance of leveraging advanced renewable energy, investing in the agricultural value chain, and improving efficiency in state-owned enterprises to build a strong and resilient economic foundation.
“KPMG is committed to supporting these sectors through strategic advisory, tax, and audit services,” he said, advocating for collaboration between the government, private sector, and civil society to foster an environment conducive to investment, innovation, and sustainable development.