Climate finance and carbon markets for Ethiopia’s Productive Safety Net Programme (PSNP): Executive Summary for Policymakers.
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Ethiopia’s Productive Safety Net Programme (PSNP) is recognized as a model public works safety net program, which provides food and cash payments to households suffering from food insecurity in return for labor that builds public infrastructure. In addition to the target beneﬁts of food security and infrastructure development, PSNP’s participatory water-shed management interventions, while not their primary objective, are already delivering climate-change mitigation beneﬁts by sequestering carbon in soils and biomass and reducing emissions of greenhouse gases (GHGs) from the agricultural, forestry and other land use (AFOLU) sector. New opportunities for support from dedicated climate ﬁnance channels could be opened up by quantifying the climate change mitigation beneﬁts (a.k.a. carbon beneﬁts) generated by PSNP activities. This report summarizes the potential of PSNP's food security program to contribute to climate change mitigation, and the policy actions required to access international climate finance to support this program.
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This work was supported by the PSNP Climate Smart Initiative. The PSNP is implemented by the Government of Ethiopia with support from the following development partners: Canadian International Development Agency, Irish Aid, European Commission, Royal Netherlands Embassy, Swedish International Development Cooperation Agency, UK Department for International Development, United States Agency for International Development, World Food Program and World Bank.
Climate Finance; Carbon Markets; Climate Smart; Sustainable Land Management; Food Security; Climate Change
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