PM Abiy emphasizes key action points essential for advancing climate action at P4G Summit
Addis Ababa, April 16, 2025 (FMC) — In his remarks at the 4th Partnership for Green Growth and the Global Goals 2030 (P4G) Summit in the Vietnamese capital Hanoi, Prime Minister Abiy Ahmed has emphasized three key action points essential for advancing climate action.
The 4th Partnership for Green Growth and the Global Goals 2030 (P4G) Summit with the theme of “Sustainable and People-Centred Green Transition” officially opened in Hanoi today.
The two-day summit has brought together over 1,000 representatives from over 40 countries and international organizations, including Ethiopian Prime Minister Abiy Ahmed, Lao Prime Minister Sonexay Siphandone, Cambodian Deputy Prime Minister Neth Savoeun, and Deputy Secretary-General of the United Nations Amina J. Mohammed.
The summit is the first multilateral high-level conference in the field of green growth, green transition, and sustainable development hosted by Vietnam.
“First, we must prioritize climate finance by securing adequate, predictable, and sustainable resources. Second, we must significantly increase Africa’s share of global energy investment, from the current 2% to 20% by 2030, to support sustainable development and safeguard the continent’s critical ecosystems. Third, urgent measures are needed to protect nature by combating biodiversity loss and land degradation,” the Ethiopian Premier asserted.
This, according to PM Abiy, includes funding grassroots initiatives like the Green Legacy Initiative and ensuring fair and equitable benefit-sharing mechanisms for local communities.
Prime Minister Abiy Ahmed, alongside his high-level delegation, traveled to Hanoi on 14th April 2025 for an official working visit at the invitation of his Vietnamese counterpart Prime Minister Pham Minh Chinh.
His visit to the Southeast Asian country is the first visit to Việt Nam by a senior Ethiopian leader since the two countries established diplomatic relations in 1976, and also the first high-level delegation exchange between the two countries in seven years.