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In the Awash basin in central Ethiopia floods and droughts are common. Agriculture in the basin is mainly rainfed (without irrigation systems). This applies to around 98% of total cropland as of 2012. So changes in rainfall patterns due to climate change will reduce economic activities in the basin. [5] Rainfall shocks have a direct impact on ...
The economy of Ethiopia is a mixed and transition economy with a large public sector. The government of Ethiopia is in the process of privatizing many of the state-owned businesses and moving toward a market economy. [26] The banking, telecommunication and transportation sectors of the economy are dominated by government-owned companies. [27] [28]
An economic analysis of climate change uses economic tools and models to calculate the magnitude and distribution of damages caused by climate change. It can also give guidance for the best policies for mitigation and adaptation to climate change from an economic perspective. There are many economic models and frameworks.
Climate change is of great concern in Ethiopia, especially since the 1970s. Between the mid-1970s and late 2000s, Ethiopia's rainfall in some areas and seasons decreased by 15-20 percent. Furthermore, numerous studies predict climate change will increasingly affect the country's ecosystem, causing drought and famines.
The 2020–2023 Horn of Africa drought is a drought that hit the countries of Somalia, Ethiopia, and Kenya. The rainy season of 2022 was recorded to be the driest in over 40 years, [ 3 ] [ 4 ] with an estimated 43,000 in Somalia dying in 2022.
Agriculture in Ethiopia is the foundation of the country's economy, accounting for half of gross domestic product (GDP), 83.9% of exports, and 80% of total employment. Ethiopia 's agriculture is plagued by periodic drought , soil degradation [ 1 ] caused by overgrazing , deforestation , high levels of taxation and poor infrastructure (making it ...
The majority of Ethiopia's population live in rural areas and very few have access to electricity. Ethiopia is planning for a carbon-neutral status by 2025. [5] This aim was set through their ambitious three-stage Growth and Transformation Plan, Ethiopia seeks to transform itself into a modern economy by 2025. According to the Ministry of Water ...
The government of Ethiopia has asked several international agencies, like the Japanese ICA, the German Technical Cooperation (GTZ) and FARM-Africa to get involved in Participatory Forest Management. Such projects aim at developing forest management plans and signing contracts between local communities and the government.