ACEA
Jul 23, 2024
Ethiopia has begun developing a National Circular Economy Roadmap (NCER) with financial backing from the African Development Bank's Facility for Circular Economy (ACEF). This project, also involving the African Circular Economy Alliance (ACEA), aims to foster innovation, efficient resource use, and improved policy frameworks.
The NCER aligns Ethiopia with other African nations like Benin, Cameroon, Chad, and Uganda in adopting circular economy principles. The initiative targets key sectors such as construction, manufacturing, agriculture, and waste management, aiming to conserve resources, reduce pollution, create green jobs, and drive economic growth.
ACEA, a key player in this initiative, helps shape policies and regulations to favor circular economy practices, bridging the gap between private sector innovation and government regulation. This collaboration aims to accelerate Africa's transition to a sustainable circular economy.
John Bosco Bukenya of the African Development Bank emphasized the billion-dollar opportunity the circular economy represents for Africa, highlighting the need for an enabling environment to unlock its potential.
Nugus Lemma from the Environmental Protection Authority of Ethiopia stressed that adopting a circular economy is essential for the country's sustainable development, supporting Ethiopia's goal of reducing emissions by 68.8% by 2030.
This roadmap is integral to Ethiopia’s 10-Year Development Plan, promoting inclusive and sustainable growth through agro-industrialization, improved connectivity, and competitiveness.