Ghana Country Environmental Analysis

Over the past 30 years, real GDP in Ghana has more than quadrupled, and in 2011 the country joined the ranks of Lower Middle-Income Countries (LMICs). Macroeconomic momentum has been driven in part by higher prices for Ghana’s main commodity exports, gold and cocoa, and the start of commercial oil production. This fits an overall trend that has seen natural resource rents as a percentage of GDP more than double between 1990 and the present; approximately one-half of these rents come from non-renewable sources (oil, mineral, natural gas). Environmental unsustainability may impair Ghana’s economic growth, as demonstrated through two economic indicators. The first is national wealth, the measurement of a country’s assets in produced capital, natural capital (renewable and non-renewable), human capital, and net foreign assets, a gauge of growth sustainability. Between 2000 and 2014, Ghana saw total national wealth more than double. Growth is predicated on efficiently and sustainably managing natural capital, a fact which can be demonstrated through increase in its per capita value over time, and reinvesting proceeds into other forms of capital, primarily human (Lange et al., 2018). Yet, much of Ghana’s recent wealth growth came with liquidation of non-renewable assets and losses to renewable resources, as well as erosion of produced capital. Ghana’s high population growth makes this a pressing concern since existing capital stocks must be shared with younger and future generations.

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Bibliographic Details
Main Author: World Bank
Format: Report biblioteca
Language:English
Published: World Bank, Washington, DC 2020-04
Subjects:NATURAL RESOURCE MANAGEMENT, NATIONAL ENVIRONMENTAL ACTION PLAN, ECOSYSTEM, ACCESS TO DRINKING WATER, LAND DEGRADATION, ENVIRONMENTAL DEGRADATION, AIR POLLUTION, PLASTIC POLLUTION, DEFORESTATION, GOLD MINING, FISHERIES, CLIMATE CHANGE,
Online Access:http://documents.worldbank.org/curated/en/419871588578973802/Ghana-Country-Environmental-Analysis
https://hdl.handle.net/10986/33726
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spelling dig-okr-10986337262024-08-07T18:54:39Z Ghana Country Environmental Analysis World Bank NATURAL RESOURCE MANAGEMENT NATIONAL ENVIRONMENTAL ACTION PLAN ECOSYSTEM ACCESS TO DRINKING WATER LAND DEGRADATION ENVIRONMENTAL DEGRADATION AIR POLLUTION PLASTIC POLLUTION DEFORESTATION GOLD MINING FISHERIES CLIMATE CHANGE Over the past 30 years, real GDP in Ghana has more than quadrupled, and in 2011 the country joined the ranks of Lower Middle-Income Countries (LMICs). Macroeconomic momentum has been driven in part by higher prices for Ghana’s main commodity exports, gold and cocoa, and the start of commercial oil production. This fits an overall trend that has seen natural resource rents as a percentage of GDP more than double between 1990 and the present; approximately one-half of these rents come from non-renewable sources (oil, mineral, natural gas). Environmental unsustainability may impair Ghana’s economic growth, as demonstrated through two economic indicators. The first is national wealth, the measurement of a country’s assets in produced capital, natural capital (renewable and non-renewable), human capital, and net foreign assets, a gauge of growth sustainability. Between 2000 and 2014, Ghana saw total national wealth more than double. Growth is predicated on efficiently and sustainably managing natural capital, a fact which can be demonstrated through increase in its per capita value over time, and reinvesting proceeds into other forms of capital, primarily human (Lange et al., 2018). Yet, much of Ghana’s recent wealth growth came with liquidation of non-renewable assets and losses to renewable resources, as well as erosion of produced capital. Ghana’s high population growth makes this a pressing concern since existing capital stocks must be shared with younger and future generations. 2020-05-12T19:51:00Z 2020-05-12T19:51:00Z 2020-04 Report Rapport Informe http://documents.worldbank.org/curated/en/419871588578973802/Ghana-Country-Environmental-Analysis https://hdl.handle.net/10986/33726 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf text/plain World Bank, Washington, DC
institution Banco Mundial
collection DSpace
country Estados Unidos
countrycode US
component Bibliográfico
access En linea
databasecode dig-okr
tag biblioteca
region America del Norte
libraryname Biblioteca del Banco Mundial
language English
topic NATURAL RESOURCE MANAGEMENT
NATIONAL ENVIRONMENTAL ACTION PLAN
ECOSYSTEM
ACCESS TO DRINKING WATER
LAND DEGRADATION
ENVIRONMENTAL DEGRADATION
AIR POLLUTION
PLASTIC POLLUTION
DEFORESTATION
GOLD MINING
FISHERIES
CLIMATE CHANGE
NATURAL RESOURCE MANAGEMENT
NATIONAL ENVIRONMENTAL ACTION PLAN
ECOSYSTEM
ACCESS TO DRINKING WATER
LAND DEGRADATION
ENVIRONMENTAL DEGRADATION
AIR POLLUTION
PLASTIC POLLUTION
DEFORESTATION
GOLD MINING
FISHERIES
CLIMATE CHANGE
spellingShingle NATURAL RESOURCE MANAGEMENT
NATIONAL ENVIRONMENTAL ACTION PLAN
ECOSYSTEM
ACCESS TO DRINKING WATER
LAND DEGRADATION
ENVIRONMENTAL DEGRADATION
AIR POLLUTION
PLASTIC POLLUTION
DEFORESTATION
GOLD MINING
FISHERIES
CLIMATE CHANGE
NATURAL RESOURCE MANAGEMENT
NATIONAL ENVIRONMENTAL ACTION PLAN
ECOSYSTEM
ACCESS TO DRINKING WATER
LAND DEGRADATION
ENVIRONMENTAL DEGRADATION
AIR POLLUTION
PLASTIC POLLUTION
DEFORESTATION
GOLD MINING
FISHERIES
CLIMATE CHANGE
World Bank
Ghana Country Environmental Analysis
description Over the past 30 years, real GDP in Ghana has more than quadrupled, and in 2011 the country joined the ranks of Lower Middle-Income Countries (LMICs). Macroeconomic momentum has been driven in part by higher prices for Ghana’s main commodity exports, gold and cocoa, and the start of commercial oil production. This fits an overall trend that has seen natural resource rents as a percentage of GDP more than double between 1990 and the present; approximately one-half of these rents come from non-renewable sources (oil, mineral, natural gas). Environmental unsustainability may impair Ghana’s economic growth, as demonstrated through two economic indicators. The first is national wealth, the measurement of a country’s assets in produced capital, natural capital (renewable and non-renewable), human capital, and net foreign assets, a gauge of growth sustainability. Between 2000 and 2014, Ghana saw total national wealth more than double. Growth is predicated on efficiently and sustainably managing natural capital, a fact which can be demonstrated through increase in its per capita value over time, and reinvesting proceeds into other forms of capital, primarily human (Lange et al., 2018). Yet, much of Ghana’s recent wealth growth came with liquidation of non-renewable assets and losses to renewable resources, as well as erosion of produced capital. Ghana’s high population growth makes this a pressing concern since existing capital stocks must be shared with younger and future generations.
format Report
topic_facet NATURAL RESOURCE MANAGEMENT
NATIONAL ENVIRONMENTAL ACTION PLAN
ECOSYSTEM
ACCESS TO DRINKING WATER
LAND DEGRADATION
ENVIRONMENTAL DEGRADATION
AIR POLLUTION
PLASTIC POLLUTION
DEFORESTATION
GOLD MINING
FISHERIES
CLIMATE CHANGE
author World Bank
author_facet World Bank
author_sort World Bank
title Ghana Country Environmental Analysis
title_short Ghana Country Environmental Analysis
title_full Ghana Country Environmental Analysis
title_fullStr Ghana Country Environmental Analysis
title_full_unstemmed Ghana Country Environmental Analysis
title_sort ghana country environmental analysis
publisher World Bank, Washington, DC
publishDate 2020-04
url http://documents.worldbank.org/curated/en/419871588578973802/Ghana-Country-Environmental-Analysis
https://hdl.handle.net/10986/33726
work_keys_str_mv AT worldbank ghanacountryenvironmentalanalysis
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