FSD Africa, the British High Commission, and the Ghana Infrastructure Investment Fund (GIIF) have launched a Green Project Preparation Facility (PPF).
About the Facility
PPF is a platform designed to bridge Ghana’s infrastructure financing gap by preparing climate-aligned projects for investment.
Launch Event
The Facility was formally launched on Thursday, June 18, 2026 at the Movenpick Hotel in Accra.
Funding and Partnership
The PPF, initially capitalised with a commitment of £5m from UK Government, was first announced during President John Dramani Mahama’s visit to the United Kingdom as part of the UK–Ghana Growth Partnership.
The facility will be hosted and managed by FSD Africa, in partnership with GIIF. It is anticipated that the PPF will grow in size, with support from other development partners in due course.
Objectives
The PPF seeks to build a robust investible pipeline of green infrastructure projects, reduce development risk and time to financial close, and mobilise private capital while strengthening national delivery systems.
Statement from FSD Africa CEO
Speaking at the launch, Mark Napier, CEO of FSD Africa, said it was a pivotal step for Ghana’s climate finance ecosystem.
He said, “We are privileged to extend our collaboration with Ghana by hosting the Green Project Preparation Facility. We hope that the PPF will prove instrumental in crowding domestic private capital into a series of important projects that will add value to the economy and boost Ghana’s climate resilience. We look forward to the partnership with GIIF on this highly impactful initiative.”
Eligible Projects
According to him the PPF is open to both public and private sector project developers working on climate-aligned infrastructure in Ghana.
He added that the projects will be assessed on the basis of their climate impact, financial viability and potential to attract investment, and are expected to cover a range of priority sectors, including renewable energy, waste and water management, urban infrastructure, transport, housing and social infrastructure.
Addressing the Project Preparation Gap
The Presidential Advisor for the government’s flagship 24-Hour Economy and Accelerated Export Development, Gossie Tanoh, underscored the facility’s significance in solving a critical bottleneck that has long plagued Ghana’s green ambitions.
He noted that “The hardest step in our work is taking a good quality idea and getting it to the point where international and domestic private capital can invest in it, this is where most projects and markets lose time or need to wait. Disability studies are incomplete, climate risk assessments are missing or out of date, environmental and social safeguards are not yet being put in place, the financial and legal structure of the concept is not ready, and project preparation work is not done properly.”
The facility, he explained, is designed to solve this teething problem. It will cover feasibility studies, climate risk assessments, environmental and social safeguards, and the legal and financial structuring required before projects can be financed. “It turns good project ideas into projects that can actually be funded.”
GIIF Perspective
Mr. Nana Dwemoh Benneh, Chief Executive Officer of the GIIF, highlighted the significance of the new Facility for Ghana’s broader climate investment agenda.
According to him, “by strengthening project preparation capabilities across both the public and private sectors, the facility has the potential to unlock much-needed climate and infrastructure finance, crowd in private capital, and accelerate Ghana’s transition towards a more resilient, low-carbon, and sustainable economy.”
UK–Ghana Partnership
The British High Commissioner to Ghana reaffirmed the UK’s long-standing commitment to supporting Ghana’s economic development, emphasising that climate-resilient infrastructure is central to shared prosperity.
Speaking on behalf of the British High Commissioner, Christian Rogg, the Deputy British High Commissioner to Ghana Ms. Terri Sarch said, “The UK–Ghana partnership is about turning shared ambitions into real results.”
She added that “Through the Green Project Preparation Facility, we are delighted to be partnering with FSD Africa and the Ghana Infrastructure Investment Fund (GIIF) to turn strong Ghanaian ideas into investable projects. Further, the PPF will help unlock much needed finance toward climate-resilient infrastructure, improving Ghana’s ability to tackle increasing challenges posed by climate change.”
Climate Context
Ghana, in common with many of its West African neighbours and global peers, faces intensifying climate impacts. Shifting rainfall patterns, rising sea levels and increased flood frequency place growing pressures on urban infrastructure, energy systems and rural livelihoods.
Around a third of Ghana’s electricity generation relies on hydropower, directly exposed to drought and erratic rainfall, while over 40 per cent of the workforce depends on climate-sensitive agriculture.
Ghana’s exposure to these shocks makes investment in climate-resilient infrastructure an immediate development priority.
About FSD Africa
FSD Africa is a specialist development agency working to make finance work for Africa’s future. Headquartered in Nairobi, they operate across more than thirty African countries through a range of funds, institutions, and projects.
The PPF will be hosted and managed by FSD Africa, in partnership with the Ghana Infrastructure Investment Fund (GIIF).
Author
By Edem Mensah-Tsotorme
