Minority Chief Whip Frank Annoh-Dompreh has cautioned that Ghana risks undervaluing its environmental resources under a proposed carbon credit agreement, urging the government to reconsider the proposed pricing before committing to the deal.

Speaking in Parliament on Wednesday, November 11, 2026, the Nsawam-Adoagyiri MP questioned the proposed price range of US$5 to US$25 per tonne of carbon credits.

He compared the proposed rates with what he described as a global average of approximately US$40 per tonne, arguing that Ghana should negotiate better financial terms to secure greater value from its environmental assets.

Referring to page eight, paragraph 5.6 of the committee’s report, Annoh-Dompreh called on the sector minister and government officials negotiating the agreement to review the pricing arrangements before Ghana makes a final commitment.

Calls for Better Financial Terms

The Minority Chief Whip said Ghana’s participation in the international carbon market should deliver meaningful economic benefits rather than result in the country selling its environmental resources below their potential value.

He acknowledged the opportunities presented by carbon credit trading but stressed that the country must protect its long-term national interests.

Annoh-Dompreh also noted that Ghana’s carbon market partnerships, including existing agreements with Switzerland, Sweden and Singapore and the proposed cooperation with South Korea, must align with the country’s Nationally Determined Contributions and commitments under the Paris Agreement.

Although he raised concerns about the proposed pricing, he welcomed provisions in the agreement relating to capacity building and environmental management.

Wants Methane Recovery Expanded

Beyond the pricing arrangements, Annoh-Dompreh called for methane recovery initiatives from landfill sites to be extended to more locations across the country.

He questioned why the Poon landfill site was identified in the report without giving similar attention to other facilities.

He specifically mentioned the Sumia landfill in his constituency, claiming that harmful leachate from the facility was affecting plant and animal life.

According to him, expanding methane recovery projects could help Ghana address environmental pollution while creating additional opportunities to generate revenue through carbon credits.

He stressed that communities affected by these projects must also benefit from the arrangements.

Calls for BP Carbon Credit Agreement to Be Presented

The MP also urged the government to present its carbon credit agreement with British Petroleum (BP) before Parliament.

He said negotiations had been completed and the Attorney-General had reviewed the terms, urging the responsible minister to submit the agreement before the House rises, if the remaining processes could be completed in time.

Despite his concerns about the proposed pricing, Annoh-Dompreh encouraged fellow MPs to support the committee’s report and the broader agreement.

His intervention has brought renewed attention to how Ghana negotiates carbon credit deals, values its environmental resources and ensures that international climate partnerships deliver lasting benefits to the country and its communities.

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