June 5, 2010 — The World Food Program (WFP) and German Development Bank (KfW) yesterday signed a Memorandum of Understanding at German House to raise funds for climate change initiatives while at the same time promoting fuel-efficient stoves in Ethiopia, reports the Ethiopian Reporter. The agreement also promotes cooperation in the field of the clean development mechanism within the framework of Kyoto.
The program will use revenues from carbon credits to boost the installation of fuel efficient cooking stoves for 200,000 households at the cost of 4 million dollars. WFP, in cooperation with the Ministry of Agricultural and Rural Development, is going to manage the distribution of the stoves. KfW supports the settling up of the clean development mechanism and provides technical advice. So far, KfW has supported more than 20 of these programmes worldwide, three of them in Africa, Dr. Ronald Steyer, the country director told, journalists.
Under the umbrella of WFP, to-date, 4,500 fuel-efficient stoves have been installed in food insecure households participating in the environmental rehabilitation project. The installation was made in four regions of the country- Oromia, Southern Nations, Nationalities and Peoples (SNNP), Amhara and Tigray regional states.
Source – http://www.ezega.com/News/NewsDetails.aspx?Page=heads&NewsID=2364
