Contribution to the "Climate Resilient Green Economy (CRGE) Facility"



Contract partner: MoFEC - Ministry of Finance and Economic Cooperation (ehemals: MoFED) Country: Äthiopien Funding amount: € 630.000,00 Project start: 01.12.2012 End: 31.12.2016

Short Description:

Overall goal


The Government of Ethiopia has decided to setup a national financial mechanism called the Climate Resilient Green Economy CRGE Facility, to support the implementation of the priorities set out in the CRGE Strategy. The Facility will be based in and overseen by MOFED. Austria’s contribution will:


• assist in enabling the Government of Ethiopia to directly access international climate funds such as the Green Fund

• support and incentivise a programmatic approach to climate change activities, minimizing the transaction costs and duplication

• complement other existing forms of investment to bolster Ethiopia’s core climate-compatible development activities (in areas such as food security, energy, infrastructure development and natural resources management)

• facilitate the integrated management of climate change with related agendas such as disaster risk management.


Austria’s contribution is earmarked for the “responsive window” of the CRGE Facility, which is open to proposals on a demand-driven basis from a range of stakeholders. It will be primarily accessed by Government institutions at federal, regional, local level and by communities. Academic institutions, civil society and private sector organizations will work in partnership with government institutions at federal, regional and local levels and communities. In particular, priority is given to the dry land forest management (e. g. Somali Regional National State).


By supporting green economy projects (especially Participatory Forest Management and Conservation approaches, which support strengthened local user rights and sustainable forest management; Focus on local people’s rights, develop a dedicated forestry institution, and better coordinate land-use planning) the income situation of the people in the project areas will be improved and the sustainability of their economic activities will be influenced positively. As a result their nutrition and health situation will improve.

project number 2708-00/2012
source of funding OEZA
sector Andere multisektorielle Maßnahmen
tied
modality
marker
  • Policy marker: are used to identify, assess and facilitate the monitoring of activities in support of policy objectives concerning gender equality, aid to environment, participatory development/good governance, trade development and reproductive, maternal, newborn and child health. Activities targeting the objectives of the Rio Conventions include the identification of biodiversity, climate change mitigation, climate change adaptation, and desertification.
    • 1= policy is a significant objective of the activity
    • 2= policy is the principal objective of the activity
  • Donor/ source of funding: The ADA is not only implementing projects and programmes of the Austrian Development Cooperation , but also projects funded from other sources and donors such as
    • AKF - Foreign Disaster Fund of the Austrian federal government
    • BMLFUW - Federal Ministry for Agriculture, Forestry, Environment and Water
    • EU - Funds of the European Commission
    • Others - various other donors are listed in ADA’s annual business report.
  • Type of Aid – Aid modalities: classifies transfers from the donor to the first recipient of funds such as budget support, core contributions and pooled programmes and funds to CSOs and multilateral organisations, project-type interventions, experts and other technical assistance, scholarships and student costs in donor countries, debt relief, administrative costs and other in-donor expenditures.
  • Purpose/ sector code: classifies the specific area of the recipient’s economic or social structure, funded by a bilateral contribution.
  • Tied/Untied: Untied aid is defined as loans and grants whose proceeds are fully and freely available to finance procurement from all OECD countries and substantially all developing countries. Transactions are considered tied unless the donor has, at the time of the aid offer, clearly specified a range of countries eligible for procurement which meets the tests for “untied” aid.