• 2026.03.10 (Tue)
  • 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

  • Revised and Expanded Edition of ‘Failure of Negotiations with North Korea: Truth and Solutions’ Published

  • Two Falls and a Miracle Run: Choi Ga-on Becomes First Korean to Win Winter Olympic Gold on Snow

  • Commentary That Douses the Joy of Victory: A Twisted Perspective

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

Comments 0

Weekly Hot Issue

  • Apple's Next Leap: Will the 'MacBook Ultra' with OLED and Touch Support Redefine the Premium Laptop Market?
  • KEXIM Ignites 'K-Finance' with 450 Billion Won Support for Taihan Cable’s Submarine Plant
  • Japan Approves World's First iPSC-Derived Therapies: A New Era for Regenerative Medicine
  • South Korean Steelmakers on the Brink: Scrambling for Survival Amid Rising Nighttime Electricity Rates
  • Doosan Robotics to Supply 100+ Robot Solutions to Kwangjin Group, Accelerating Global Manufacturing Innovation
  • KOSPI Plummets Over 8%, Triggering Circuit Breaker for the 8th Time in History

Most Viewed

1
Adwa’s Echo in Korea: A Shared Story of Dignity and Freedom
2
2026, The Grand Year of Hangeul Celebration — The River of History Where Five Streams Converge
3
A New Milestone for Ukraine’s Post-War Reconstruction: The Birth of ISVP
4
Mexican currency and the powerful history behind its designs
5
About mexican food 
광고문의
임시1
임시3
임시2

Hot Issue

KASA Selects 9 Partners Including LG and SK Hynix for Space Verification Satellite No. 3

Apple's Next Leap: Will the 'MacBook Ultra' with OLED and Touch Support Redefine the Premium Laptop Market?

KEXIM Ignites 'K-Finance' with 450 Billion Won Support for Taihan Cable’s Submarine Plant

Doosan Robotics to Supply 100+ Robot Solutions to Kwangjin Group, Accelerating Global Manufacturing Innovation

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

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
  • 독도는우리땅
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