Collaborative Climate Economy Initiative Launches in Ethiopia


The project will research the relationship between actions that strengthen the economy and those that reduce climate change risk




The New Climate Economy – a research project initiated in September 2013 by seven countries, including Ethiopia – was launched in Ethiopia at a ceremony held at the Radisson Blu Hotel on Thursday March 6, 2014.

The  project is under the Global Commission on the Economy & Climate, created by Colombia, Ethiopia, Indonesia, Norway, South Korea, Sweden and the United Kingdom. This commission, supported by a 10 million dollars contribution from Norway, Sweden and the UK, will report the work of the New Climate Economy in September 2014, before the Leaders’ Summit on Climate Change.

Ethiopia is set to embrace New Climate Economy, which is designed to help its plan to have a zero percent carbon emission economy by the year 2025.

The project’s website says that its aim is “to provide independent and authoritative evidence on the relationship between actions which can strengthen economic performance and those which reduce the risk of dangerous climate change”.

It has posted a call for participation on the website, seeking research materials from “interested parties,”, such as institutes, think tanks, business organisations, academics and civil society organisations. It does not say if any such contributions have yet been forwarded to it.

The Ethiopian launch marks the beginning of the research work in the country, although there is no clear date as to when that is happening, according to Firew Bekele(phd), senior associate research fellow at the Ethiopian Development Research Institute, who spoke at the launch about Ethiopia’s contribution to the New Climate Economy. The project has only six months remaining, but Firew could not say exactly when the research work in Ethiopia would begin. He did confirm, however, that the research will be supported by the same 10 million dollars that has been allocated for the running of the Commission.

The project will focus on the areas of agriculture, forests and land use; cities; energy; finance; technological innovation and macroeconomics. Focus areas for Ethiopia include agriculture, energy, water and forestry, as well as investigating the challenges financing development in these areas, according to a document provided during the launch.

“The research findings will be applicable not only to member states of the Commission,” says Jeremy Oppenheim, programme director for the New Climate Economy, speaking of the research that will take place across the seven countries. “It will also be applicable to countries with similar economic status and related topography.”

The project has partner institutions from Ethiopia, China, India, Sweden, South Korea, the US and the UK.



By YONAS MULATU
FORTUNE STAFF WRITER

Published on March 9,2014 [ Vol 14 ,No 723]


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