Ethiopia ranks amongst the top 15 countries in terms of overall Global Green Economy Index (GGEI 2016) Performance Rank, the report issued this month said.

This 5th edition of the GGEI is a data-driven analysis of how 80 countries perform in the global green economy, as well as how expert practitioners rank this performance.

The GGEI 2016 is defined by 32 underlying indicators and datasets, each contained within one of the four main dimensions of leadership & climate change, efficiency sectors, markets & investment and the environment.

According to the report, Ethiopia’s performance results “have improved considerably since the 2014 edition.”

The report said Ethiopia’s performance is “an improvement driven mostly by maintaining a top position on the Leadership & Climate Change dimension while simultaneously improving its result on the Environment dimension considerably.”

Despite this progress, the index says that translating this momentum to other dimensions as a challenge.

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“The challenge is to translate this positive momentum to the Markets & Investment dimension, where Ethiopia continues to struggle” it said.

It suggested that new initiatives through the Global Green Growth Institute (GGGI) around finance and investment should support member-states like Ethiopia in this regard.

Despite its better performance in the overall GGEI performance, the results in the perception survey, an assessment how expert practitioners rank this performance on the four main dimensions, is not strong, due to lack of communication works.

In this regard, the GGEI suggested the need for better green branding and communications in the country.

“Developing countries in Africa and Latin America–including Ethiopia, Zambia, Brazil, and Costa Rica– also perform well in this new GGEI edition, ranking in the top fifteen for performance. While Brazil and Costa Rica receive similarly strong results on our perception survey, Ethiopia and Zambia do not, suggesting a need for better green branding and communications in these two African countries.”

Since its launch in 2010, the GGEI has signaled which countries are making progress towards greener economies, and which ones are not.

This edition of the GGEI covers 80 countries and 50 cities, including all members of the European Union, OECD (Organization for Economic Co-operation and Development), and G20.

Source: ENA
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