Abstract
This paper takes a critical look at Ghana’s one district one factory industrial policy in relation to climate change. This is important because climate variability and change as a result of industrialization can stand as hazard to impending advancement and expansion in Ghana. Industrial policy can contribute significantly to economic, ecological as well as communal sustainability. This paper aim to clarify the need for industrial policy because of climate change as well as to determine its effects on the one-district, one-factory industrial policy in Ghana. A far-reaching work examination was done on detailed comparative account of the role played by industrial Policies due to climate change in development and growth. This search resulted in the selection of four implications namely: international coordination, green industrial policy, energy efficiency and diversifications; and trade policies, which were missing in the 1D1F industrial policy in Ghana. Key words: Climate change, energy; industrial policy, trade policy, sustainable development
Highlights
Ghana is one of Africa’s fastest growing economies, which has taken noteworthy progresses in poverty decrease, but climate unpredictability as well as change stand as hazard to impending advancement and expansion
According to IPCC (2007), climate change impacts are very likely to increase due to increased frequencies and intensities of extreme weather events and that aggregated and discounted to the present, they are very likely to impose costs, and these costs will increase over time
This paper aim to clarify the need for IP because of climate change and to regulate its insinuations for the one district one-factory industrial policy in Ghana
Summary
Ghana is one of Africa’s fastest growing economies, which has taken noteworthy progresses in poverty decrease, but climate unpredictability as well as change stand as hazard to impending advancement and expansion. The government to set the country’s resources to judicious usage as they sustain the economic development, implements responsibilities as well as the country and its people growth, one challenge of environment-development relationship that is the growing threats of global warming, of which Ghana is not exempted. Climate change in Ghana can develop into a grave hazard to livings and there is minute or no strong indication of devoted reaction to climate change (Amuakwa-Mensah, 2014; World Bank, 2009). Most government’s frontrunners choose to approve political contracts and memo rather than exercising suitable techniques of alleviating the danger of climate change.
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