Faced with worsening droughts due to climate change, Ethiopia has turned to the the Global Climate Fund (GCF) for financial assistance
According to IPS News network, Ethiopia is taking this multilateral global endeavour particularly seriously due to the massive changes the country is undergoing as it develops economically.
“Ethiopia is one of the few countries that have submitted a very ambitious and conditional NDC to the UNFCCC,” says Zerihun Getu with Ethiopia’s Ministry of Finance and Economic Cooperation.
“Ethiopia aims to cut 64 percent of emissions by 2030 and build a climate resilient and middle-income economy.”
Currently Ethiopia has a relatively low carbon footprint compared to many other countries, having not industrialised, but Zerihun notes why it is important to take action now.
“Projections indicate that with population and economic growth, Ethiopia’s level of emissions will grow significantly, from 150 million tonnes in 2010 to 450 million by 2030,” Zerihun tells IPS.
“Hence Ethiopia should focus both on mitigation and adaptation measures in order to reduce emission as well as build resilience and reduce vulnerability to the impacts of climate change.”
The Global Climate Fund (GCF) was established to help developing countries achieve national efforts to reduce national greenhouse gas (GHG) emissions and adapt to the unavoidable impacts of climate change