![\"\"](\"https:\/\/www.kumasionlinegh.com\/wp-content\/uploads\/2021\/03\/bawumia_lists-1024x683.jpg\")
<\/figure>\n\n\n\nSource: Presidency.gov.gh<\/p>\n\n\n\n
The Vice President, Dr Mahamudu Bawumia, has launched a Parkland Restoration Fund (PRF) as part of ongoing efforts to ensure the Shea industry continues to play its integral part in the lives of the people in the Northern Savannah landscape of Ghana.<\/p>\n\n\n\n
The PRF is expected to raise $65.5 million from public and private sources to implement the Action for Shea Parklands \u2013 an initiative to plant 10 million shea trees and protect 4 million hectares of shea parklands.<\/p>\n\n\n\n
The Government of Ghana has already committed $15 million as part of the $54.5 million Ghana Shea Landscape Emission Reduction Project, which is aimed at restoring degraded shea parklands and improving existing stock of economic and multi-purpose trees in the Northern Savannah landscape of Ghana. <\/p>\n\n\n\n
The Project, to be implemented over a 7 year period by the Forestry Commission with the support of private sector actors from the Global Shea Alliance and UNDP, is receiving a $30.1 million grant from the Green Climate Fund with the Global Shea Alliance also providing $9.1 million in co-financing.<\/p>\n\n\n\n
Performing the virtual launch as part of a keynote address at the 2021 International Shea Conference on Tuesday, April 27 Vice President Bawumia challenged the Forestry Commission to \u201csee this project as a strategic investment to stop shea parkland destruction and empower communities and their ecosystems to build climate and economic resilience.\u201d<\/p>\n\n\n\n
Recalling the very important economic and cultural roles played by the shea tree in the lives of the people of Africa and the world, particularly in the Northern part of Ghana, Vice President Bawumia bemoaned the fact that Ghana\u2019s shea exports currently enter the global supply chain at the bottom with low market value and therefore low income for the primary producers, and outlined ongoing efforts to turn this around.<\/p>\n\n\n\n
\u201cAs part of efforts to transform Ghana\u2019s Agricultural Sector to one where value is added to the raw produce and the value chain is mined to the maximum, there have been several initiatives targeted specifically at the Shea industry. <\/p>\n\n\n\n
\u201cI am happy to mention that one such important initiative was the launch of the Tree Crops Development Authority (TCDA) in September last year, which is backed by an Act of Parliament (Act 1010). We count on the support of the Global Shea Alliance to serve as a strategic partner to Ghana\u2019s new Tree Crops Development Authority for deep stakeholder engagement that will increase knowledge sharing, research and development, and market access.\u201d <\/p>\n\n\n\n
Dr Bawumia also expressed worry about the cutting down of Shea trees, which could have an impact on global warming.<\/p>\n\n\n\n
\u201cI am informed by industry experts that Shea is a big sequester of carbon; saving the ecosystem in the environment where they grow. \u201cDespite this important role, it is sad to see trees cut down for various reasons such as charcoal for household fuel. Shea trees take at least 20 years to mature. <\/p>\n\n\n\n
\u201cCutting down one tree means many years lost. I am charging the Global Shea Alliance to continue to engage stakeholders including Tree Crops Development Authority, local chiefs, landowners, the Ministry of Lands and Natural Resources, Forestry Commission, and other international agencies to take actionable steps to stop this menace.\u201d<\/p>\n\n\n\n