Benefits of the Adaptation Benefit Mechanism for Ethiopia’s sustainable development
This scoping study explores the potential for the development and implementation of the Adaptation Benefit Mechanism (ABM) under Art. 6.8 of the Paris Agreement in Ethiopia. Spear-headed by the African Development Bank and several African countries, the ABM is an emerging “non-market mechanism” that could mobilize urgently needed resources for adaptation projects in developing countries.
Authors
Cite Axel Michaelowa, Stephan Hoch, Dario Brescia (2017). Benefits of the Adaptation Benefit Mechanism for Ethiopia’s sustainable development. Perspectives Climate Group.
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