Climate and Development Outlook

Ethiopia is positioned as a climate leader, being the first Least Developed Country to submit an Intended Nationally Determined Contribution (INDC). The government aims to reduce annual greenhouse gas emissions from 150 Mt CO2eq in 2010 to 145 Mt CO2eq by 2030. To support these goals, CDKN has assisted the Ministry of Finance and Economic Cooperation (MoFEC) in achieving accreditation as a National Implementing Entity for the Green Climate Fund and the Adaptation Fund in March 2016. Infrastructure investments include a 34-km light rail transit in Addis Ababa and a 750-km railway to Djibouti. Additionally, CDKN is supporting the development of geothermal risk insurance and research into greening the industrial sector, specifically leather, garments, and cement.

• Ethiopia demonstrated international climate leadership by becoming the first Least Developed Country to submit its Intended Nationally Determined Contribution (INDC) to the UNFCCC in June 2015.
• The Ethiopian government has pledged to lower annual greenhouse gas emissions from 150 megatons (Mt) CO2eq in 2010 to 145 Mt CO2eq by 2030, representing a 64% reduction compared to business-as-usual projections.
• The Ministry of Finance and Economic Cooperation (MoFEC) achieved accreditation in March 2016 as the National Implementing Entity (NIE) for both the Adaptation Fund and the Green Climate Fund, allowing direct access to funds for mitigation and adaptation.
• Ethiopia is investing in low-emissions transport, including a 750-km railway to Djibouti and the 34-km Addis Ababa Light Rail Transit, which is expected to reduce 9 million tons of CO2eq annually from the business-as-usual baseline.
• To unlock geothermal energy potential, CDKN supported the development of risk insurance products to help private sector developers manage high upfront costs and uncertainty, leading to underwriting proposals from Reykjavik Geothermal.
• Research is being conducted to integrate the Climate Resilient Green Economy strategy into Ethiopia's industrial sector, which is growing at 21.2% per year, with a specific focus on the cement, garment, and leather industries.
• The implementation of the Climate Resilient Green Economy (CRGE) strategy is estimated to require US$150 billion over a 20-year period.

APA

Redda, R., Hailu, T., Carter, S., Cronin, K., & Roux, J.-P. (2017). Climate and Development Outlook. Climate and Development Knowledge Network. http://cdkn.org/wp-content/uploads/2017/02/Ethiopia-Outlook-FINAL-1.pdf

Chicago

Redda, Robi, Tesfaye Hailu, Suzanne Carter, Kate Cronin, and Jean-Pierre Roux. Climate and Development Outlook. Climate and Development Knowledge Network, 2017. http://cdkn.org/wp-content/uploads/2017/02/Ethiopia-Outlook-FINAL-1.pdf.

Wikipedia

{{cite report |last1=Redda |first1=Robi |last2=Hailu |first2=Tesfaye |last3=Carter |first3=Suzanne |last4=Cronin |first4=Kate |last5=Roux |first5=Jean-Pierre |title=Climate and Development Outlook |publisher=Climate and Development Knowledge Network |date=February 2017 |url=http://cdkn.org/wp-content/uploads/2017/02/Ethiopia-Outlook-FINAL-1.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{redda2017climate, author = {Redda, Robi and Hailu, Tesfaye and Carter, Suzanne and Cronin, Kate and Roux, Jean-Pierre}, title = {{Climate and Development Outlook}}, institution = {Climate and Development Knowledge Network}, year = {2017}, month = feb, url = {http://cdkn.org/wp-content/uploads/2017/02/Ethiopia-Outlook-FINAL-1.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }