- BUSINESS MEETINGS AND AGREEMENTS
- SUSTAINABILITY
- NATURAL RESOURCES
The meeting was the occasion to discuss the frontrunner role Ghana can play in the partnership Eni recently signed with UNDP to combine efforts on the development of renewable energy, energy efficiency, forestry and clean cooking initiatives.
Accra, 4 October 2018 – The President of the Republic of Ghana, H.E. Nana Addo-Dankwa Akufo-Addo, and the CEO of Eni, Claudio Descalzi, met yesterday in Accra. The meeting took place in the presence of the Minister for Energy, H.E. John Peter Amewu, and was the occasion to discuss Eni’s operational activities and the frontrunner role Ghana can play in the partnership Eni recently signed with UNDP to combine efforts on the development of renewable energy, energy efficiency, forestry and clean cooking initiatives, starting in Africa. This partnership aims at achieving the Sustainable Development Goals (SDGs) and specifically SDG 7 on affordable and clean energy, SDG 13 on climate actions and SDG 15 on land management and re-and/or afforestation, thanks to UNDP and Eni combined expertise, ability to innovate, and on-the ground networks.
Improving access to energy, especially in Africa, is core to Eni’s values, and it is an intrinsic part of the Company’s business. Eni invests more than half of its budget in Africa, boosting the domestic potential and promoting local development.
Eni is already committed to the sustainable development of Ghana. The $7bn investment in the integrated OCTP project represents Eni’s firm commitment to providing long term domestic gas supply. Ghana’s OCTP project will deliver stable, secure, reliable, and affordable volumes of gas to feed Ghana’s power plants for over 20 years. The use of domestic gas will allow Ghana to cut the use of liquid fuel, reducing CO2 emissions by 30%, and to limit the more expensive gas importation, whose entire value chain lies outside the country. Also, Eni has destined over $15m to an extensive program of sustainability initiatives including economic diversification education, water and sanitation, and health activities, and is engaged in the development of solar power projects in the Country including off grid installations in remote areas and floating solar farms.
In the framework of the partnership signed between Eni and UNDP, a first area that will be developed together is a REDD+ (Reducing Emissions from Deforestation and Forest Degradation) initiative. Community based activities will be proposed in order to increase agricultural productivity, introduce agroforestry schemes, and generate revenue from non timber forest products contributing to the diversification and development of the local economy.
Eni has been present in Ghana since 2009 through its subsidiary Eni Ghana. Eni is Operator of the OCTP Integrated Oil&Gas Development Project (Eni 44.44%, Vitol 35.56%, GNPC 20%).
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EnergIA (ener'dʒia) is a system based on Generative Artificial Intelligence.
Thanks to this technology, we can respond to your requests by querying the most relevant content and documents available on eni.com. (Note: financial documents from the last 12 months and press releases from the last 2 years are considered.)
Through EnergIA, you can delve into topics of interest and have a real-time window into the world of Eni.
If you wish to search for a specific document, press release or news, use the traditional search engine via the magnifying glass icon.
Like all systems that leverage Generative Artificial Intelligence, EnergIA may generate inaccurate or outdated responses. Always consult the sources that EnergIA proposes as the origin of the generated information.
If the system fails to find an exact match for the requested content, it still tends to provide a response.
If you find any inaccuracies in the provided response, please send us your feedback at the bottom of the page: it will be very helpful for us to improve.
Remember that the content generated by the system does not represent Eni’s official position. We therefore invite stakeholders to refer to their designated contacts for official statements: Press Office for journalists, Investor Relations for analysts and investors, Company Secretariat for shareholders etc..
EnergIA can understand questions posed in almost all languages, but we prefer to provide you with a response in English or Italian, the two languages available on eni.com. If you ask a question in Italian, the content on the site in Italian will be consulted. If you ask it in English or any other language, the content in English will be consulted. (Note: the language Eni uses for financial documents/content is predominantly English.)
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