Carbon Market Profile – Ethiopia

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Ethiopia submitted its updated NDC on July 23, 2021, based on a current technical information, policy review and data, as well as an update to the Climate Resilient Green Economy Strategy (CRGE), Ethiopia’s primary strategy for climate action. The NDC targets are also fully aligned with the country’s flagship 10-Year Development Plan (10YDP) for 2021-2030. The updated NDC commits to reduce emissions by 68.8% (-277.7 Mt CO2eq) compared to BAU projections by 2030. This represents an ambition increase of 4.8% below the reductions in the previous NDC. 14% (-56 Mt CO2eq) of the updated mitigation target are unconditional and 54.8% (-221.7 Mt CO2eq) are conditional on international support.