Download Ethiopia’s Climate Resilient Green Economy

Ethiopia’s Climate Resilient Green Economy (CRGE)
Adugna Nemera
Monitoring & Evaluation Specialist
CRGE Facility
Ministry of Finance and Economic Development (MOFED)
Africa Carbon Forum (ACF)
Marrakech, Morocco – April 14, 2015
Ethiopia’s Climate Resilient Green Economy (CRGE)
Outline:
What is the CRGE ?
 CRGE: a short history
 Targeted total emissions reductions
 Institutional Arrangements
 The Ethiopian CRGE Facility
 Target Sectors
 CRGE :recent developments (FTI
proposals )
Ethiopia’s CRGE
What is the CRGE?
is
Ethiopia’s
Comprehensive
initiative to plan, finance & deliver
a low carbon economy that is
resilient to current weather
patterns & future climate change.
:
The CRGE Vision
‘To
build a middle income
economy by 2025 that is
resilient to the impact of
climate change with a zero net
increase in carbon emissions
from 2010 levels.’
 The CRGE isn’t a stand alone  A short History: The CRGE
process, but fully integrated into
initiative
was
officially
the
country’s
development
launched on 8 December 2011
in Durban, South Africa by H.E.
planning as a strategic, long-term
Mr.Meles Zenawi, then Prime
initiative to ensure sustainability
Minister of Ethiopia, during the
of Ethiopia’s land & security of
Seventeenth session of the
the economy for its citizens.
Conference of the Parties of the
UNFCCC
The CRGE Targeted Sectors & GHG Emissions
88% of GHG emissions come
Targeted Sectors
from agriculture and forestry
Buildings
Industry
• Agriculture
Transport
(livestock and soil)
3% 3%
Power
3%
• Forestry
3%
• Transport
• Electric Power
• Industry
Agriculture
• Buildings (including
51%
Forestry 37%
Wastes and Green
Cities
 Total GHG emissions of
~150 Mt CO2e in 2010
BAU increases from 150MtCO2e to 400MtCO2e (20102030)
BAU emissions development
Mt CO2e per year
Agriculture
Power
Industry
Forestry
Transport
Buildings
400
185
150
90
75
55
5
5
40
5
2010
5
5
70
10
2030 – BAU
But Ethiopia can grow with no net increase in
emissions
Emissions per year; Mt CO2e
Agriculture
Power
Industry
Forestry
Transport
Buildings
400
90
185
-64%
130
150
75
55
5
Emissions
per capita
t CO2e/capita
40
5
5 5
10
90
5
20
5
145
70
10
2010
2030 –
BAU
1.8
3.0
Agricultur Forestry Transport Industry
Buildings
e
Abatement potential of Green Economy initiatives
Additional abatement potential of ~19 Mt CO2e from
exporting green power to regional markets
Green
Econom
y
2030
1.1
The CRGE Institutional Arrangement
CRGE Facility
Ministerial Steering Committee
Chaired by the PMO
sets the criteria and scope for approving
action plans, and determine the
overarching priorities for the Facility
responsible for providing general
oversight for the CRGE initiative as
well as determining the optimum
allocation of available funds to
approved actions
Management Committee
(Co-chaired by MOFED and
MEF)
Finance team
(MOFED)
Technical
team (MEF)
CRGE Ministries/CRGE Units
MOWIE
MOUDHC
MOA
MOT
MOI
MEF
The CRGE Facility & Recent Development
The Facility:
Potential Sources of Finance
•One-stop-shop for climate finance
•Channels international and national,
public and private finance towards
delivering the CRGE (based on
programmes developed under SRM)
•Funds programmatic investments
•Results framework is being
developed, INDCs, etc.
•Fast track investments used to
demonstrate financial systems and
build capacity – this will not be the
normal mode of operation for the
Facility
Domestic
investment
(public and
private)
Intern
ational Bilateral and
climate multilateral
finance Development
Partners
Carbon
Trading
CRGE Vision
>150 Billion USD (7.5
Billon/year for 20 years)
The CRGE Facility Governance Arrangement
Ministerial Steering Committee
MEF
MOFED
Management Committee
Facility Secretariat
Advisory Board
Thank you for the Attention!
Email: [email protected]
Tel. +251 91 148 5305