{"id":8051,"date":"2014-03-29T07:11:27","date_gmt":"2014-03-29T11:11:27","guid":{"rendered":"http:\/\/www.zegabi.com\/articles\/?p=8051"},"modified":"2014-03-29T07:11:27","modified_gmt":"2014-03-29T11:11:27","slug":"ethiopia-launches-climate-innovation-center","status":"publish","type":"post","link":"http:\/\/www.zegabi.com\/articles\/8051","title":{"rendered":"Ethiopia launches Climate Innovation Center"},"content":{"rendered":"

\"\"<\/a>The Ethiopian government has launched an innovative Climate Center in Addis Ababa on Thursday, March 27th.<\/p>\n

Report indicate that the project is the result of a joint collaboration between Ethiopia and the World Bank.<\/p>\n

According to a statement released at the launch, the center will\u00a0“support pioneering clean-technology enterprises” involved in tackling climate change. The center is also expected to equip people with skills and create employment.<\/p>\n

The first of its kind, the Ethiopia Climate Innovation Center (ECIC), which is expected to generate up to 12,000 jobs in a decade, will reportedly\u00a0assist more than 3.1 million Ethiopians develop better strategies of dealing with climate change.<\/p>\n

The center\u00a0would reportedly offer funding and support to local entrepreneurs working in various sectors including agribusiness and biofuel.<\/p>\n

The initiative is expected to improve energy access for 265,000 Ethiopians and enhance agricultural productivity for over 120,000 farmers.<\/p>\n

Guang Zhe Chen, the World Bank’s Country Director for Ethiopia, issued a statement saying the unique initiative would display the potential of local entrepreneurs, while simultaneously allowing them to develop innovative solutions to challenges associated with climate change.<\/p>\n

The launch of the center comes following an agreement between the global financial institution and Addis Ababa University in December, which is expected to accelerate the adoption of emerging technologies.<\/p>\n

Reports indicate that under the bank’s infoDev Climate Technology Program (CTP), the bank is presently executing an international network of centers across countries in the region.<\/p>\n

 <\/p>\n

According to a press release issued by World Bank last year, the CTP helps countries gain from pro-active contribution to the current revolution in clean technology. The press release further added that the program would produce economic gain and simultaneously decrease emissions.<\/p>\n

The first CIC opened in Kenya in 2012 and has supported more than 70 innovative ventures, observers say. CICs are also operational in other countries including Vietnam, Ghana, and Morocco.<\/p>\n

Analysts estimate that in the absence of a suitable growth strategy, the total cost of climate adaptation in Ethiopia could amount to $5.84 billion annually.<\/p>\n

To decrease adaptation costs and develop growth opportunities, the CIC is expected to provide advisory and mentorship services to the increasing number of local entrepreneurs.<\/p>\n

The ECIC also received support from the Norwegian government and UKAid.<\/p>\n

Photo: unmultimedia.org<\/p>\n","protected":false},"excerpt":{"rendered":"

The Ethiopian government has launched an innovative Climate Center in Addis Ababa on Thursday, March 27th. Report indicate that the project is the result of a joint collaboration between Ethiopia and the World Bank. According to a statement released at…<\/span> Read more ›<\/a><\/span><\/p>\n","protected":false},"author":32,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[44,1],"tags":[2230,2237,2234,2225,2236,2222,2229,2238,2233,2235,2231,2223,4967,140,2224,897,2227,2228,1002,1734,2226,2232,1824,1086],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"_links":{"self":[{"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/posts\/8051"}],"collection":[{"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/comments?post=8051"}],"version-history":[{"count":0,"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/posts\/8051\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/media?parent=8051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/categories?post=8051"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/tags?post=8051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}