Ethiopian Energy^Power Business Portal

(GGGI/News, 25 May 2018)

The Global Green Growth Institute (GGGI), in partnership with the Government of the Federal Democratic Republic of Ethiopia, and the Government of Rwanda hosted a side event today, under the theme of “Leveraging Climate Finance in Africa,” at the 53rd Annual Meeting of the African Development Bank (AfDB) in Busan, Republic of Korea. Hyoeun Jenny Kim, GGGI’s Deputy Director General and Head of Green Growth Planning and Implementation opened the side event, making references to GGGI’s track record of mobilizing climate finance into projects globally, with a focus on Africa. Hubert Ruzibiza, CEO of Rwanda’s Green Fund (FONERWA – Rwandan National Environment and Climate Fund) said that climate change is a critical issue that must be addressed before it’s too late. Rwanda is experiencing floods and other natural catastrophes. It’s crucial for ministries to integrate aspects related to environmental sustainability and social inclusion to raise more funding for climate resilience. “The private sector needs to play an important role in climate action. The African Development Bank support African countries to adopt Nationally Determined Contributions and strive for inclusive growth and transition to green growth,” said Anthony Nyong, Director of Climate Change and Green Growth, African Development Bank (AfDB).

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(GGGI/News, 25 May 2018)

The African Development Bank and the Global Green Growth Institute signed a Memorandum of Understanding (MoU) on Friday, May 25 on the sidelines of the African Development Bank Group’s Annual Meetings in Busan, to promote programs, projects, joint studies and research activities to accelerate green growth options for African countries. The African Development Bank and GGGI will cooperate in several areas, including conducting a joint study on green growth readiness in Africa and exploring ways to align both organizations’ activities with the implementation of Sustainable Development Goals (SDGs) and Nationally Determined Contributions (NDCs).

Further, the two organizations will work together to generate synergies in areas, such as the Global Green Growth Institute’s cities programs and the African Development Bank’s initiatives on clean energy, sustainable landscapes, green cities and water and sanitation, with the ultimate goal of strengthening climate resilience in Africa.

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(ENA, March 12/2018 

Japan has provided new assistance package worth 22.8 million USD for Ethiopia through its partnership programs with various international organizations, according to a press release issued by the Japanese Embassy.

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 (Originally published on  EPI, 2018)

Ethiopia Ranks 141 out of 180 countries in the Environmental Performance Index Report of 2018. For Details, continue reading below.

Executive Summary

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