Youth Climate Council rejects MPs’ pension fund proposal using carbon market revenues

The Youth Climate Council Ghana (YCC) has strongly opposed a parliamentary proposal to fund MPs’ pensions using revenue from the carbon market.

The council argues that such a move contradicts Ghana’s climate commitments under the Paris Agreement, which mandates carbon market funds to support sustainable development.

YCC emphasized that Ghana relies on carbon financing to meet its greenhouse gas reduction targets, warning that diverting these funds would jeopardize national sustainability efforts.

The council urged Parliament to withdraw the proposal and instead explore alternative revenue sources, such as revising mining leases to secure additional funding.

They also called on civil society and the public to demand accountability in climate finance governance.