(Courtesy CIA.gov) |
Ethiopia has received US$50 million from the Climate Investment Fund (CIF) and part of this funding will go towards developing the country’s geothermal capacity.
Ethiopia's investment plan will see the African Development Bank (AfDB) provide investment and technical support to execute phase II of the country's Aluto Langano geothermal and Assela wind farm projects. Under the terms of the CIF's Scaling up Renewable Energy Program for Low Income Countries, the AfDB will provide US$23 million for these two projects.