Ethiopia Climate Innovation Center Launched

A new World Bank–supported business hub, the Ethiopia Climate Innovation Center (ECIC), was launched today in Addis Ababa to support pioneering clean technology enterprises that address climate change while creating jobs and improving livelihoods. First of its kind in the country, the center will help over 3.1 million Ethiopians increase resilience to climate change and is expected to create more than 12,000 jobs in the next ten years.

By supporting local entrepreneurs and ensuring the transfer of modern technologies, the ECIC is expected to improve access to energy for 265,000 Ethiopians and increase agricultural efficiency for 120,000 farmers. Furthermore, the center will promote Ethiopia’s climate resilience by mitigating almost one million tons of CO2 and avoiding the loss of 31,000 acres of forest.

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