Preprints (www.preprints.org) | NOT PEER-REVIEWED | Posted: 30 April 2020 doi:10.20944/preprints202004.0544.v1 Assessment of Cost and Benefit Associated with Ecological Restoration in Ghana. (A case study in Bekwai Municipal Area) Owusu Emmanuel- School of Finance and Economics, Jiangsu University, No. 301 Xuefu Rd, Jingkou District, Zhenjiang, Jiangsu, China. Email:
[email protected] Afuubi Nelly Ataawomba- School of Finance and Economics, Jiangsu University, No. 301 Xuefu Rd, Jingkou District, Zhenjiang, Jiangsu, China. Li Fanglin- School of Statistics, Jiangsu University, No. 301 Xuefu Rd, Jingkou District, Zhenjiang, Jiangsu, China. © 2020 by the author(s). Distributed under a Creative Commons CC BY license. Preprints (www.preprints.org) | NOT PEER-REVIEWED | Posted: 30 April 2020 doi:10.20944/preprints202004.0544.v1 ABSTRACT Ghana has had a long-standing problem of illegal gold mining that has led to the destruction of the environment. The government of Ghana is taking steps to not only curb illegal mining but also to restore destroyed lands that resulted from illegal mining. The government intends to spend financially in the area of ecological restoration to returned disturbed lands to their natural states possible, but the question remains whether restoring those disturbed lands will be beneficial to the country. The study was undertaken in Bekwai Municipal Area in the Ashanti region of Ghana where most locals are farmers. The research studies whether the benefits of ecological restoration outweigh the cost of ecological restoration? The research deployed a quantitative data collection. The data collected was analyzed using benefit-Cost ratio. The result shows that the benefit of ecological restoration outweighs the cost incurred as dependent on the land use as a carbon sequestration project.