ANALYSIS OF MACROECONOMIC AND FINANCIAL INDICATORS TO ASSESS OPPORTUNITIES FOR CLIMATE CHANGE AND "GREEN" GROWTH IN ETHIOPIA

Saenko Alexey Nikolaevich

The article provides an overview of the main macroeconomic and financial indicators of Ethiopia for 2023 as part of the development of possible climate change programs and initiatives. The article explores the possibilities of using natural capital to finance climate change adaptation and mitigation, as well as to promote green growth. The author studies the possibilities of Ethiopia within the framework of mobilizing private sector financing for climate change and "green growth" in the economy and examines the regional economic prospects of the country. Solving problems in order to both reduce emissions and promote adaptation to existing impacts, as well as to increase sustainability, requires financial resources and thoughtful investments. However, the benefits of such investments far outweigh any initial costs. As a result, the author offers recommendations for increasing the contribution of natural capital to climate finance and "green" growth. The conclusion also suggests activities for relevant institutions on the need to develop a strategy for managing the wealth of natural resources to ensure inclusive and sustainable development. This will help to address issues of natural resource management, including the internalization of alternative environmental costs associated with the exploitation of natural resources and investments in natural capital.

Keywords:Ethiopia, mobilization, natural resources, "green growth", climate, financing, private sector.