ADDIS ABABA – Ministry of Finance and the Africa Development Bank signed a Grant Agreement amounting to 830,000 US dollars (approx. 4.2 million birr).
The grant agreement was signed between State Minister of Finance, Semereta Sewasew, and Dr. Kevin Kariuki of AfDB on the sideline of the Bank’s Annual meeting held in Ghana’s capital, Accra.
Officials say the grant will support efforts to improve Climate Resilience of Communities and Ecosystems through Integrated Water Resources Management in the Ziway-Shalla Lakes Sub-Basin.
It will be used to prepare “an optimised, climate-informed water resources development plan with an investment strategy, and a water allocation plan based on Integrated Water Resources Management principles,” said the Ministry of Finance.
Its implementation in the Sub-Basin, the ministry said, will promote efficiency, and long-term water security, addressing biodiversity issues surrounding several lakes in the area.
The plan will also promote upstream watershed management which is critical to building climate resilience, officials said.
Ziway-Shalla is a closed water sub-basin, comprising the catchments of Ziway, Langano, Abijatta and Shalla lakes. It hosts Ethiopia’s most important wetland area for migratory waterbirds.
Over consumption of water is posing a threat to the natural water system of the basin, according reports.
Featured Image Caption: Ziway, the only freshwater lake has become the centre of agriculture based economic activities.[Photo File/Wetlands International]