Tag Archives: Oromio region

Oromio region: Latest News

  • World Bank Paying Ethiopia $68M For Carbon Trading, Green Business Development

    carbon trading By Mongabay, 1:34 pm

    Ethiopia has failed to make the most of emission reduction projects that allow developing countries to sell certified carbon credits, a stakeholder said. Making carbon credits marketable requires time, substantial investment and resources. Even then, a prospective buyer might reject them. Proponents say the carbon trading projects can’t come soon enough. The country is losing five times more forest than it’s planting. If Ethiopia is strategic, it can sell abundant resources like water to help power industrialization, boost tourism, boost electricity generation and create a wealthy green economy. And it’s renewable.

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