Fidelity Bank and the Global Center on Adaptation Forge Landmark Partnership to Scale Private Sector Climate Finance in Ghana
A
ccra, Ghana – 3 November 2025 — Fidelity Bank Ghana, Ghana’s largest privately-owned indigenous bank, and the Global Center on Adaptation (GCA) have announced a landmark partnership to accelerate private sector investment in climate adaptation across Ghana. The collaboration will unlock new financing opportunities, strengthen institutional capacity, and empower businesses and communities to build resilience to climate change.
The Global Center on Adaptation (GCA) is an international organization that promotes adaptation to the impacts of climate change. It works to climate-proof development by instigating policy reforms and influencing investments made by international financial institutions and the private sector. Since 2021, GCA has co-led the Africa Adaptation Acceleration Program (AAAP) in partnership with the African Development Bank and the African Union which is on track to have climate-proofed nearly US$25 billion in investments across 30 African countries by the end of 2025. Fidelity Bank, with a sustainability portfolio of over GHS390 million, has been a pioneer in financing renewable energy, sustainable agriculture, and water management initiatives in Ghana.
Under the new partnership, GCA and Fidelity Bank will collaborate across five strategic areas to mobilize climate finance and drive innovation in adaptation. This includes the creation of a Masterclass on Adaptation Finance to build Fidelity’s internal expertise and enable its teams to guide clients in structuring climate-resilient investments. GCA will also provide technical assistance to support Green Climate Fund (GCF) mobilization, helping Fidelity access and deploy international climate finance.
In addition, the partnership will align GCA’s YouthADAPT Challenge and Fidelity’s Green Tech Challenge, jointly supporting youth-led enterprises developing innovative climate solutions. Both institutions will also co-host high-level dialogues and investor roundtables to elevate private sector leadership in Ghana’s adaptation agenda.
Finally, the Letter of Intent (LoI) commits both parties to integrate Adaptation and Resilience (A&R) into Fidelity’s Sustainability-as-a-Service (SaaS) platform—embedding climate risk frameworks into client offerings and positioning the bank as a key enabler of Ghana’s sustainable transition.
Atta Yeboah Gyan, Deputy Managing Director for Operations and Support Functions at Fidelity Bank, underscored the significance of the partnership: “At Fidelity Bank, we are committed to being a leader in Ghana’s green transition. This partnership with the Global Center on Adaptation will significantly enhance our capacity to climate-proof our operations and, most importantly, provide our clients with the tools and resources they need to build resilient businesses,” he said. “This collaboration is a clear statement that we are not only ready to meet global sustainability standards but to also help shape the national conversation on how finance can drive climate action.”
Professor Patrick V. Verkooijen, President and CEO of the Global Center on Adaptation, highlighted the catalytic role of financial institutions in bridging Africa’s adaptation finance gap: “The global climate crisis demands urgent, large-scale investment—and the private sector holds the key. Fidelity Bank has demonstrated leadership and vision in this space. Together, we will equip them with the knowledge, tools, and partnerships to scale climate-smart investments and show that climate action and business success can go hand in hand.”
The partnership will kick off with a technical workshop in Accra later this year to define the joint work program and key milestones. The collaboration aims to build a robust pipeline of bankable adaptation projects, support enabling policy reform, and serve as a replicable model for how financial institutions across Africa can lead on climate resilience.
Notes to Editors
About the Global Center on Adaptation
The Global Center on Adaptation (GCA) is an international organization that promotes adaptation to the impacts of climate change. It works to climate-proof development by instigating policy reforms and influencing investments made by international financial institutions and the private sector. The goal is to bring climate adaptation to the forefront of the global fight against climate change and ensure that it remains prominent. Founded in 2018, GCA is the first international organization to maintain dual headquarters in both the Global North in Rotterdam and in the Global South in Nairobi – underscoring the equal partnership between regions and the conviction that climate adaptation solutions must be co-designed and co-owned. Its regional hubs in Abidjan, Dhaka and Beijing, leverage local expertise to pilot and scale context-specific approaches. Together, these centers ensure a continuous, two-way exchange of knowledge and best practices that empower communities and drive resilient and inclusive growth worldwide.
