Government rolls out concessionary loans and incentives to boost green jobs investment

The government has announced a series of new incentives and concessionary loans aimed at encouraging private organizations to invest in green jobs.

According to the Ministry of Labour, Jobs and Employment, the initiative forms part of broader efforts to tackle unemployment while promoting sustainable economic growth.

In a renewed push to bridge the unemployment gap, the government says it is prioritizing support for private-led businesses to create environmentally friendly jobs.

Labour, Jobs and Employment Minister, Dr. Rashid Pelpuo, said the programme will not only open new opportunities for young people but also help stabilize the country’s job market.

“This initiative is designed to create decent work for our youth while ensuring that we protect our environment and strengthen employment stability nationwide,” Dr. Pelpuo said.

The Green Jobs Policy, first launched in 2021, seeks to promote renewable energy, sustainable industries, and eco-friendly business practices. Under the initiative, the government is partnering with the private sector to develop more job opportunities while advancing environmental protection.

Officials say the Ministry is currently engaging key stakeholders to refine and streamline the policy for effective implementation.

Speaking at a recent stakeholder forum, a representative of the Ga Mantse, Nii Odai, urged the government to ensure that its employment policies continue to create sustainable opportunities for young people.

“Our youth must be at the centre of these green job policies,” Nii Odai said. “Government should make sure these initiatives truly deliver lasting, sustainable employment.”

Other participants at the forum also emphasized the crucial role green jobs play in driving socio-economic growth and environmental sustainability.

The Ministry of Labour reaffirmed its commitment to investing in initiatives that promote decent work while safeguarding the environment.

“We remain focused on ensuring that employment creation goes hand in hand with sustainable development,” the Ministry said in a statement.

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