Report By: Ishmael Barfi
The Chief Executive Officer of Verte Tower Limited, Georgina Y.K. Boamah, has called on the government to increase support for green businesses through public procurement, policies promoting environmentally friendly products and the effective implementation of tax incentives.
She said stronger government patronage of green enterprises would stimulate market demand, create opportunities for young entrepreneurs and accelerate Ghana’s transition towards a more sustainable economy.
Speaking on the sidelines of the Green Africa Youth Organization (GAYO) Green Entrepreneurship Training for young greenpreneurs, Ms Boamah said green businesses must look beyond profit-making to consider their impact on the environment and people’s livelihoods.
Reflecting on her experience implementing environmentally responsible business practices over the past two years, she acknowledged that the market response had not always been encouraging but noted that the green business sector in Ghana was gradually gaining momentum.
She urged the government to lead by example by prioritising green businesses in public procurement and incorporating environmentally friendly products into policies and programmes targeting communities, urban centres and peri-urban areas.
According to her, government patronage would expand the market for green products and services beyond a limited customer base, making sustainable businesses more viable across the country.
Ms Boamah also called for the effective implementation of tax incentives, exemptions and other support measures intended for green businesses.
She stressed that these incentives must translate into tangible benefits for entrepreneurs rather than remain provisions that are merely documented and publicised without reaching the intended beneficiaries.
She said stronger institutional support and increased demand for sustainable products would enable green enterprises to expand their operations, create opportunities for young people and contribute more meaningfully to Ghana’s environmental and economic development.
Source: www.climatewatchonline.com
