The Vision Both the government and the International Monetary Fund expect Ethiopia’s economy to continue as... Read more The Vision Both the government and the International Monetary Fund expect Ethiopia’s economy to continue as one of the world’s fastest growing over the coming years. Building on its positive recent development record, Ethiopia intends to reach middle-income status before 2025. As set forth in the Growth and Transformation Plan (GTP), reaching this goal will require boosting agricultural productivity, strengthening the industrial base, and fostering export growth.
The Challenge If Ethiopia were to pursue a conventional economic development path to achieve... Read more The Challenge If Ethiopia were to pursue a conventional economic development path to achieve its ambitious targets, the resulting negative environmental impacts would follow the patterns observed all around the globe. Under current practices, greenhouse gas (GHG) emissions would more than double from 150 Mt CO2e in 2010 to 400 Mt CO2e in 2030. Its development path could also face resource constraints: for example, it could reach the carrying capacity for cattle. Furthermore, it could lock its economy into outdated technologies.
The Plan The Climate-Resilient Green Economy (CRGE) initiative follows a sectoral approach and has so far identified Read more The Plan The Climate-Resilient Green Economy (CRGE) initiative follows a sectoral approach and has so far identified and prioritised more than 60 initiatives, which could help the country achieve its development goals while limiting 2030 GHG emissions to around today’s 150 Mt CO2e – around 250 Mt CO2e less than estimated under a conventional development path.
