Ghana and Switzerland have approved a new initiative aimed at reducing greenhouse gases considerably, which will also support the United Nations’ Sustainable Development Goals (SDGs).
The ‘Electric Bicycle Manufacturing and Distribution for Gig Economy Workers in Ghana’ initiative has been launched by WAHU Mobility. This project involves deploying over 100,000 electric bikes across Ghana by the year 2030 as an alternative to fossil-fuel-powered vehicles.
This marks the initial e-bike initiative approved by both Switzerland and Ghana under Article 6.2 of the Paris Agreement. The financial viability of this mitigation project will be ensured through the purchase of corresponding Internationally Transferred Mitigation Outcomes (ITMOs) by the Foundation for Climate Protection and Carbon Offset KliK.
Breaking barriers
Tailored for independent contractors, courier companies, and business vehicle pools, these electric bikes feature powerful, energy-efficient engines, two rechargeable batteries, and advanced monitoring technology. They provide a cost-effective, eco-friendly transportation option that minimizes reliance on fossil fuels and lowers atmospheric contamination.
Moreover, the e-bikes will receive power from both the national grid and solar-powered charging stations.
Through the use of local production facilities in Accra, WAHU Mobility is generating employment opportunities and cutting down dependence on expensive imported goods.
Through the use of carbon finance, this project tackles market obstacles and speeds up the shift towards greener, cheaper transportation options in Ghana, anticipated to generate around 50,000 new job opportunities within the gig sector.
The activity also aims to increase women’s participation in the transport sector by securing 15% female ridership by 2030, breaking barriers in a traditionally male-dominated industry.
In addition to cutting emissions, this program syncs with Ghana’s Nationally Determined Contributions (NDCs) as well as crucial Sustainable Development Goals (SDGs), such as Decent Work and Economic Growth (SDG 8) and Climate Action (SDG 13).
Through enhancing city air quality, decreasing traffic jams, and lowering transportation expenses, WAHU Mobility is establishing a new benchmark for eco-friendly transit in West Africa.
Thanks to comprehensive monitoring and verification mechanisms guaranteeing openness, this initiative acts as an expandable template for sustainable transportation options throughout the region.
Valerie Labi, Co-Founder and CEO of WAU Mobility, stated: “This electric bike initiative exemplifies how creative solutions can bring about significant transformation. The approach and execution strategy of the project closely match our standards for decreasing CO₂ emissions as outlined in Article 6.2 of the Paris Accord.”
Remarkable how the project team worked together with all stakeholders, maintaining the utmost integrity in theircrediting methods, supported by cutting-edge monitoring and tracing innovations.
Dr. Daniel Tutu Benefoh, who leads Ghana’s Carbon Market Office, remarked: “It has been truly motivating to collaborate with WAHU as we synchronize how carbon revenue distribution aligns with WAHU’s strategy aimed at maximizing advantages for gig economy workers.”
Operating an electric bike generates excitement, and we aim to hasten this momentum via carbon financing to facilitate the essential shift and decrease emissions within the transportation industry.
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