The World Bank has announced an intensified effort to enhance the resilience of three million Ethiopians residing in drought-prone lowlands.
Through a recent statement released on Friday, the World Bank revealed that a credit amounting to 340 million U.S. dollars from the International Development Association will be allocated to support Ethiopians in climate-affected lowlands, aiming to improve their livelihoods and climate resilience.
The support is intended to benefit a total of three million individuals, with a significant portion being pastoralists and agro-pastoralists situated in areas vulnerable to drought.
Ethiopians across the nation are currently facing challenges posed by climate change, including frequent severe droughts and devastating flash floods. Particularly, the livelihoods of pastoralists and agro-pastoralists have been severely impacted by these environmental changes, as highlighted by the World Bank.
Over the previous three years, the lowlands in Ethiopia have experienced consecutive harsh droughts, leading to considerable losses of livestock and significantly impacting the lives of millions reliant on these animals for sustenance.
The World Bank’s initiative is part of a broader strategy to address the pressing issue of climate change in Ethiopia and support vulnerable populations in adapting to and mitigating its effects.
By providing financial assistance and resources, the World Bank aims to empower communities in drought-prone lowlands to better withstand the challenges brought about by climate-related disasters.
The focus on pastoralists and agro-pastoralists aligns with the need to safeguard their livelihoods and ensure their economic stability in the face of increasingly unpredictable weather patterns.
Through this credit allocation, the World Bank seeks to foster sustainable development in Ethiopia’s lowlands and promote resilience-building measures that can help communities thrive in spite of environmental adversities.
The ongoing support from the World Bank underscores the organization’s commitment to aiding developing countries in addressing climate change impacts and enhancing their capacity to withstand future challenges.
Ultimately, the World Bank’s investment in Ethiopia’s lowlands reflects a broader global effort to tackle climate change and ensure the well-being of vulnerable populations worldwide.
By targeting regions most susceptible to environmental risks, such as droughts and floods, the World Bank aims to build a more resilient and sustainable future for communities in need.
