Ethiopia Engages in Advancing Baku-to-Belém Roadmap as COP32 Presidency Takes Shape

Addis Ababa, November 14, 2026 (FMC) – The challenge of turning global climate finance commitments into accessible funding and tangible development outcomes for vulnerable and developing countries featured in discussions involving Ethiopia’s Minister of Finance and COP32 Chief Negotiator, Fitsum Assefa (PhD), at COP31.

The engagement focused on advancing the Baku-to-Belém Roadmap, with particular attention to how global climate finance ambitions can translate into practical implementation. Discussions underscored the need to close the gap between international commitments and the financing conditions faced by developing countries.

Access to affordable and appropriate finance, stronger institutional capacity and more effective delivery mechanisms emerged as central considerations in connecting climate finance pledges with action on the ground.

For Ethiopia, the engagement forms part of its continued participation in the global climate process as the incoming COP32 Presidency. Its contribution centres on bringing the perspectives and financing needs of developing countries into discussions on how climate commitments can be implemented.

As preparations continue for COP32 in Addis Ababa in 2027, Ethiopia is engaging in efforts to connect the global climate finance agenda with the practical requirements of countries seeking to advance climate action and sustainable development.