• 2026.05.08 (Fri)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > World

Ethiopia's Green Revolution: A Carbon Trading Success Story

KO YONG-CHUL Reporter / Updated : 2024-12-15 07:33:41
  • -
  • +
  • Print

Addis Ababa, Ethiopia – In the heart of the Wolayita Zone, a remarkable transformation is underway. Once barren and degraded, the landscapes of Kebele 03 in Hobicha Woreda are now lush and green, thanks to a community-driven initiative powered by carbon trading.

Zerfe Sertsemedihin, a local farmer, recalls the stark contrast: "Our village used to be a dry, cracked wasteland. But since the World Vision Carbon Emission Program arrived, we've seen a dramatic change. We've planted trees, earned income, and developed a culture of conservation."

A Community-Led Effort

At the core of this success lies the Farmer Managed Natural Regeneration (FMNR) program, a cornerstone of World Vision Ethiopia's climate change initiatives. By empowering local communities to restore degraded forests, the program has yielded significant environmental and socioeconomic benefits.

Kebede Regassa, Climate Change and Environment Projects Manager at World Vision Ethiopia, explains, "FMNR not only rehabilitates forests but also provides financial incentives to communities through carbon credit sales."

A Greener Future

The impact of these efforts is evident in the revitalized landscapes of Soddo and Humbo. Hundreds of hectares of land have been restored, leading to improved biodiversity, soil health, and water retention. Communities have reaped the rewards through increased income and improved livelihoods.

Mekonnen Gujoye, a community organizer in Woyto, highlights the transformative power of collective action. "We've protected our forests, welcomed back wildlife, and created a sustainable future for our children," he says.

Carbon Trading: A Double-Edged Sword

Carbon trading, a market-based mechanism to reduce greenhouse gas emissions, has played a crucial role in driving these initiatives. By selling carbon credits generated from restored forests, Ethiopia has earned significant revenue, which is then reinvested in local communities.

However, the process of qualifying for carbon trading is rigorous. Forests must meet strict criteria, including long-term monitoring and conservation. Kebede emphasizes the importance of sustainable practices to ensure the integrity of carbon credits and the long-term health of the ecosystem.

A Global Model

Ethiopia's success in carbon trading has garnered international attention. The Humbo FMNR Project, in particular, has been hailed as a model for community-based climate action. By leveraging voluntary carbon markets, the country is not only mitigating climate change but also addressing poverty and inequality.

As Ethiopia continues to scale up its carbon trading initiatives, it offers a beacon of hope for other nations grappling with environmental degradation and socioeconomic challenges. By empowering local communities and harnessing the power of market-based solutions, Ethiopia is paving the way for a greener and more sustainable future.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #koyongchul
  • #cherrylee
  • #seoulkorea
  • #periodicoeconomico
  • #글로벌이코노믹타임즈
  • #GET
  • #GETtv
  • #liderdel
KO YONG-CHUL Reporter
KO YONG-CHUL Reporter
Reporter Page

Popular articles

  • President Lee’s Approval Rating Hits Record High of 67% for Second Consecutive Week: Gallup Korea

  • The AI Tsunami: Meta to Slash 10% of Workforce Amid Global Tech Purge

  • ElevenLabs Partners with Caring to Support ‘Senior Emotional Care’ via Voice AI

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065565891802314 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Samsung Electronics Shifts Strategy in China: Moving from Hardware Sales to Platform-Based Business
  • Banking War 2.0: South Korean Banks Race to Transition into 'AI-First' Institutions
  • Tesla Model Y Becomes First to Pass Grueling New U.S. Autonomous Safety Tests
  • Celltrion’s Zymfentra Sees Explosive 300% Growth, Hits Record Quarterly Prescriptions in the U.S.
  • BMW Korea Ignites May with Exclusive 9-Model Online Limited Edition Lineup
  • Hyundai Mobis Completes Independent EV 'Heart' Lineup: A Major Leap Toward Global Leadership in Power Electric Systems

Most Viewed

1
Iran Imposes Transit Fees on Strait of Hormuz Amid Escalating Maritime Tensions
2
Korea and Vietnam Forge Strategic Partnership in Science, Technology, and Innovation
3
80% of Enterprises Hit by 'AI Agent Anomalies': SailPoint Calls for Integrated Identity Governance
4
Kurly Abandons 'All-Paper' Packaging Strategy Amid Rising Cost Pressures
5
Tradition Meets the Public: Chungju’s Gugak Busking
광고문의
임시1
임시3
임시2

Hot Issue

Tensions Flare in Strait of Hormuz: U.S.-Iran Clashes Threaten Fragile Truce

Tesla Model Y Becomes First to Pass Grueling New U.S. Autonomous Safety Tests

U.S. Trade Court Strikes Down Trump’s ‘Global 10% Tariff,’ Citing Executive Overreach

Hyundai Motor Group Bets $700 Million on Mexico Amid Trade Policy Volatility

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers