This project supported Ethiopia in integrating climate action into its recovery from COVID-19 and other shocks by developing a National Green Resilient Recovery Strategy. Funded by the Green Climate Fund, GGGI delivered analytical, policy, and investment readiness support, including macroeconomic modelling, impact assessments, and stakeholder consultations. The project produced a comprehensive recovery strategy aligned with Ethiopia’s CRGE and long-term climate goals, alongside an investment plan and pipeline of priority projects. It also developed pre-feasibility studies and concept notes to mobilize climate finance. The initiative strengthened institutional capacity and positioned Ethiopia to advance a green, resilient recovery pathway. 

The project aimed to support Ethiopia in designing a green and resilient recovery aligned with its climate commitments. It sought to strengthen strategic frameworks, identify priority investments, and enhance readiness for climate finance by developing a national recovery strategy and pipeline of bankable projects to support sustainable and inclusive economic recovery. 

Ethiopia’s economy and climate agenda were significantly affected by COVID-19, compounded by domestic conflict, drought, and global economic instability. These challenges underscored the need for a recovery approach that promotes resilience, sustainability, and long-term growth. 

Aligned with the country’s Nationally Determined Contributions (NDC), Climate Resilient Green Economy (CRGE) strategy, and development priorities, the government sought to integrate green recovery measures into national planning. With support from the Green Climate Fund, GGGI worked with national stakeholders to assess the impacts of multiple shocks on the economy and climate strategies.  

The project emphasized evidence-based planning through macroeconomic modelling and inclusive stakeholder engagement, ensuring that recovery measures addressed economic challenges while advancing climate resilience and low-emission development. 

The project delivered Ethiopia’s National Green Resilient Recovery Strategy, supported by macroeconomic and fiscal modelling and an integrated investment plan. It strengthened institutional capacity and stakeholder coordination through extensive consultations. Three pre-feasibility studies and multiple concept notes were developed, with one prioritized for GCF submission, enhancing Ethiopia’s pipeline of climate investments and readiness to access international climate finance.