9 December 2018

Ethiopia: WB Pledges U.S.$100Million for Climate Resilience

Development Ethiopia and the World Bank signed a 100-million-dollar financing agreement aimed at protecting natural resources and promoting livelihood areas.

The project will be implemented through the Resilient Landscapes & Livelihoods Project of Ethiopia.

The project has the objectives to improve climate resilience, land productivity and carbon storage.

The agreement has been signed between Ahmed Shide, minister of Finance, and Carrie Turk, WB director for Ethiopia, Sudan and South Sudan.

The agreement also projects to help rural communities with diversifying their livelihood activities. The project will benefit 645,000 households in six regional states, according to Ahmed.

Ethiopia

Nearly 36 Million Children Are Poor, Lack Access to Basic Social Services - Report

An estimated 36 million of a total population of 41 million children under the age of 18 in Ethiopia are… Read more »

See What Everyone is Watching

Copyright © 2018 Addis Fortune. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.