Environment

African Ministers Discuss Climate Initiatives ahead of COP27

African Ministers Discuss Climate Initiatives ahead of COP27

Developed economies are urged to uphold their pledge to reduce greenhouse gas emissions and support vulnerable nations efforts to transition towards green energy. The call was made on the opening day of a three-day African Regional Roundtable on Climate Initiatives on Wednesday. Twenty countries are responsible for 80% of the world’s greenhouse gas emissions and Africa accounts for only 2 to 3%. With business as usual, reports say, as developing countries prosper their per capita emissions will climb, and this, together with likely population increases will further aggravate the global problem. Ethiopia’s Green initiative Addressing the regional forum Wednesday, Finance…
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Govt to Set up Agriculture Mechanization Excellence Center

Govt to Set up Agriculture Mechanization Excellence Center

Ethiopia is set to establish an agricultural mechanization center of excellence to drive its effort to modernize the agriculture sector. The construction project was a subject of discussion between State Minister of Agriculture Sophia Kassa and  Kang Seok Hee, Ambassador to South Korea, the main backer of the project, on  Wednesday. Discussing the need for the center, State Minister Sophia said the agricultural sector is the driving engine of the Ethiopia economy and needs to be supported with modern agricultural mechanization equipment and new Agricultural technologies. The Center for Excellence in Agricultural Mechanization will be built in Addis Ababa. It’s…
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Ethiopian Smallholder Farmers Facing Climate Risk to Receive Support from the Global Center on Adaptation

Ethiopian Smallholder Farmers Facing Climate Risk to Receive Support from the Global Center on Adaptation

In a country where rain-fed agriculture accounts for nearly 85 percent of farming, Ethiopian smallholder farmers face significant climate risk, as evidenced by extreme weather events, rising temperatures, and declining rainfall. The Russo-Ukrainian War, as well as the subsequent wheat and fertilizer shortages, have exacerbated the country’s food insecurity. There is still hope, however, as the World Bank has launched a new $600 million investment project to strengthen Ethiopia’s food systems and prepare it for food insecurity. Furthermore, on June 22, the Global Center for Adaptation (GCA) declared its intention to provide technical advisory support to this project. The GCA,…
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World Bank Approves $2.3bln Plan to Support Food Security in East, South Africa  

World Bank Approves $2.3bln Plan to Support Food Security in East, South Africa  

The World Bank announced on Wednesday that it has approved a $2.3 billion program to help countries in Eastern and Southern Africa increase the resilience of the region’s food systems and ability to tackle growing food insecurity. Food system shocks brought on by extreme weather, pest and disease outbreaks, political and market instability, and conflict are becoming more frequent and severe, putting more people at risk of food insecurity. The war in Ukraine is further exacerbating these effects by disrupting the global food, fuel, and fertilizer markets.  As a result, The World Bank said an estimated 66.4 million people in the…
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Egypt and Sudan should support Ethiopia’s Green Legacy Initiative

Egypt and Sudan should support Ethiopia’s Green Legacy Initiative

The survival of human beings is entirely reliant on forests. There will be no life without forest. Each and everything we need for our survival comes from forests. Forests create healthy water watersheds which are necessary to maintain the water availability of rivers, lakes, and other water streams. Forests have enormous contributions to maintain the moisture of human environment, soil fertility, and what have you. Life on this planet is impossible without trees.   However, human civilizations have caused enormous destruction of forest cover all over the world. And this has resulted in hostile environment for humanity. Developing countries like…
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Greening Ethiopia Initiative: Regional, Int’l Support for Common Destiny

Greening Ethiopia Initiative: Regional, Int’l Support for Common Destiny

Round four of Ethiopia’s national greening initiative is expected to kick off in a couple of days which will be spearheaded by Prime Minister Dr. Abiy Ahmed and high ranking federal and regional government officials. This year, the nation intends to plant more than 6 billion tree seedlings which among others include fruit trees. Ethiopia has already shared more than 1 billion trees with the neighboring countries: Eritrea, Kenya and Djibouti as a pilot program for greening Africa pursuant to Agenda 2063. Despite conspiracies that have been going on from multiple fronts to disrupt the normal development programs of the…
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Flood Alerts Issued amid Heavy Kiremt Rain Forecast

Flood Alerts Issued amid Heavy Kiremt Rain Forecast

The season, which runs from June to August, is expected to bring above regular rains in several parts of Kiremt rain receiving areas, National Meteorology Agency’s recent forecasts. The city administration in a statement over the weekend said a survey conducted in all sub-cities was able to identify at least 161 areas vulnerable to flash floods. Of these, the administration selected 61 areas that are highly exposed to flash floods and is working on several preventive works, the statement says. However, it said the Meteorology official’s forecast for the Kiremt season shows the rain this year could be relatively heavy…
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Sugar Corporation speeds bidding process

Sugar Corporation speeds bidding process

Ethiopian Sugar Corporation (ESC) says it has switched gears to handle the biding process to conclude swiftly rather than the usual trend. The new decision of India is stated as a threat for price hike, while on Friday, Ministry of Finance (MoF) gave its positive response for the process to procure the 200,000 metric tons of sugar.The corporation said that on the latest bidding process of the sweet it has given a final proposal in few days.Weyo Roba, CEO of ESC, said that on the latest process to buy the commodity the corporation has taken swift approaches to finalize the…
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Ethiopian Embassy, ECCSA Vow to Explore Market Opportunities in Pakistan

Ethiopian Embassy, ECCSA Vow to Explore Market Opportunities in Pakistan

Ethiopian Embassy in Islamabad and Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) vowed to work closely in exploring market opportunities in Pakistan, according to Ministry of Foreign Affairs. Ethiopian Ambassador to Pakistan, Jemal Beker and Deputy Head of Ethiopian Chamber of Commerce and Sectoral Associations, Wube Mengistu met and discussed on areas of working closely to empower Ethiopian business community and make them internationally competitive. During the discussion, Ambassador Jemal said that the Embassy in Islamabad is determined to play its role in supporting efforts to empower the Ethiopian business community and make them competitive for international trade. He…
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Gov’t mulls fertilizer subsidies

Gov’t mulls fertilizer subsidies

The government is considering subsidies and loan options for farmers to alleviate supply shortages and price hikes in the fertilizer market, the Ministry of Agriculture said. Earlier this week, the House of Peoples’ Representatives Standing Committee on Agriculture reviewed the ten-month performance report of the Ministry of Agriculture and affiliated institutions. According to the report, not enough fertilizer is available to meet demands this year. Apart from supply constraints, global fertilizer prices have seen a sharp increase due to the war between Russia and Ukraine. The budget required to buy fertilizers has increased, while the country is facing foreign exchange…
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