Ethiopian Press Agency (Addis Ababa)

Ethiopia: Aaccsa Stresses Business Leaders Role in Tackling Climate Change Impact

Addis Ababa — The Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA) urged business leaders to contribute their share to tackling the adverse effects of climate change.

Speaking at a workshop organized with the theme: 'Stock Taking of Greenhouse Gas (GHG) Emissions at Corporate Level' yesterday, AACCSA President Ayalew Zegeye said that the business sector is at the centre of addressing the adverse effects of climate change since most of the preventive measures are related with economic practices.

"As the problem was initially caused by investments that did not consider environmental factors, the solution also calls for correcting those mistakes and promoting economic activities that positively contribute to the environment," he said.

According to him, Ethiopia is suffering from the adverse impacts of climate change owing to increase in average temperature,change in rainfall patterns, and natural resource depletion. "It is crystal clear that industrialized nations considerably contributed to this adverse consequences in pursuance of their economic interests,its repercussion is affecting the entire world in general and developing nations in particular."

He also said that the Ethiopian government has embarked on implementing Climate Resilient Green Economy (CRGE) Strategy to protect the country against the adverse effects of climate change and build a green economy in a new and sustainable manner. "The objective of the strategy is to identify and support green growth opportunities that could help Ethiopia attain its rapid economic development target sustainably while keeping green house gas emissions at lower level. One of the pillars of the green economy plan is to adopt modern and energy efficient technology in the transport, industry and construction sectors. This national endeavour calls for multifaceted and in-depth institutional capacity building."

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