Latham Advises on Landmark Forest Protection Funding in Ghana

Ghana has signed a purchase agreement with Emergent, becoming the first African country to access climate finance from the LEAF Coalition. This innovative global public-private initiative comprises over 30 major companies and the governments of Norway, United Kingdom, United States and Republic of Korea. Emergent is the coordinator for the coalition.

Ghana's jurisdictional REDD+ program covers approximately 2.5 million hectares of forest across 10 regions in southern and central Ghana. A comprehensive program of sustainable agroforestry, strengthened forest governance and law enforcement, community-based forest management, and restoration of degraded forest areas, has been implemented as well.

Latham & Watkins LLP represents Emergent in the transaction with a team led by partners JP Brisson and JP Sweny, and associates Jim Lambert, Qingyi Pan, Georgia Bellett, and Tal Carmeli.