Ethiopia Building Global Confidence, Mobilizing Climate Investment Ahead of COP32: Finance Minister

Addis Ababa, November 9, 2026 (FMC) – Ethiopia is using its participation in the ongoing 31st United Nations Climate Change Conference (COP31) in Antalya, Türkiye, to strengthen international confidence in its climate commitments, expand global partnerships and mobilize greater investment ahead of hosting COP32 in Addis Ababa next year, Finance Minister and COP32 Chief Negotiator Fitsum Assefa (PhD) disclosed.

The Minister described COP31 as a particularly important opportunity for Ethiopia, coming as the final global climate conference before COP32, to demonstrate its readiness to host the international gathering and contribute to advancing the global climate agenda.

Beyond presenting its national positions, Ethiopia is seeking to influence the substance of negotiations, including the language of negotiating texts and provisions in declarations and other official documents, so that the outcomes of COP32 deliver stronger results.

She emphasized that the country’s preparations are guided by a responsibility to advance global interests, rather than focusing solely on its own priorities.

Ethiopia has also opened a pavilion featuring around 60 programmes and events, providing a platform to showcase its national identity, climate initiatives and readiness to host COP32.

The pavilion is also serving as a space to promote the country, attract investment, discuss financial support and establish partnerships.

The Minister noted that the pavilion presents Ethiopia’s contributions to the world, including its coffee heritage and its place as the origin of humanity, while creating opportunities for engagement with international participants and partners.

Ethiopia is engaging with major climate negotiating groups and partners, including the African Group of Negotiators, the Least Developed Countries Group, the G77 and China, and the European Union.

These engagements seek to broaden participation in COP32, build common understanding and narrow differences among negotiating parties.

She underscored that the country’s efforts at COP31 are intended not only to encourage wider attendance in Addis Ababa but also to shape substantive discussions on climate negotiations, climate action and adaptation, while expanding opportunities to mobilize investment.

Fitsum also pointed to Ethiopia’s domestic climate initiatives as evidence of its commitment, despite the country’s vulnerability to climate change and the shortfall in international climate finance relative to its needs.

Among the initiatives she cited was the Green Legacy Initiative, which has mobilized millions of people in planting billions of seedlings.

She also highlighted that more than 90 percent of the country’s energy consumption comes from renewable sources, predominantly hydropower, alongside policies promoting electric vehicles and climate-compatible approaches in agriculture and urban development.

These efforts, she indicated, demonstrate the seriousness of Ethiopia’s climate commitments and provide a foundation for building the confidence of international partners, attracting greater participation and mobilizing climate finance and investment.

Ethiopia is scheduled to host COP32 in Addis Ababa in November 2027, following COP31 in Antalya from November 9 to 20, 2026.