(Apr 11, 2013, (Daily News))--Foreign firms are interested in the biofuel sector in Ethiopia, the country’s parliament speaker says. Ethiopia aims to achieve middle-income status by 2025 while developing a green economy.
In general energy affects all aspects of development – social, economic and environmental – including livelihoods, access to water, agricultural productivity, health, education and gender-related issues. None of the Millennium Development Goals can be met without major improvement in the quality and quantity of energy services in the country.
Ethiopia aims to achieve middle-income status by 2025 while developing a green economy. The green economy plan is based on four pillars:
Today foreign companies are very interested to invest in the biofuel sector in Ethiopia. Currently local and foreign companies have applied to invest and some of them have already started operation in growing Jathropha and castor for biodiesel.
At the same time the government has launched an expansion plan on sugar industries, which will create an opportunity to produce ethanol in large quantity. The biofuel development program will help to secure our fuel supplies as well as reduce its petroleum import bill through the development of an indigenous fuel production strategy such as ethanol and biodiesel. Read more from Hurriyet Daily News »
In general energy affects all aspects of development – social, economic and environmental – including livelihoods, access to water, agricultural productivity, health, education and gender-related issues. None of the Millennium Development Goals can be met without major improvement in the quality and quantity of energy services in the country.
Ethiopia aims to achieve middle-income status by 2025 while developing a green economy. The green economy plan is based on four pillars:
- Improving crop and livestock production practices for higher food security and farmer income while reducing emissions
- Protecting and re-establishing forests for their economic and ecosystem services, including as carbon stocks
- Expanding electricity generation from renewable sources of energy for domestic and regional markets
- Leapfrogging to modern and energy-efficient technologies in transport, industrial sectors and buildings.
Today foreign companies are very interested to invest in the biofuel sector in Ethiopia. Currently local and foreign companies have applied to invest and some of them have already started operation in growing Jathropha and castor for biodiesel.
At the same time the government has launched an expansion plan on sugar industries, which will create an opportunity to produce ethanol in large quantity. The biofuel development program will help to secure our fuel supplies as well as reduce its petroleum import bill through the development of an indigenous fuel production strategy such as ethanol and biodiesel. Read more from Hurriyet Daily News »
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