Environment

Ethiopia Loses Estimated $200 Million in Assets Annually Due to Flooding

The Reporter (Amharic) · 5 hours ago · Read the Full Story on The Reporter (Amharic)
Ethiopia Loses Estimated $200 Million in Assets Annually Due to Flooding
AI SUMMARY

The Ethiopian Disaster Risk Management Commission reported that annual floods destroy $200 million in assets and affect 250,000 citizens, prompting a new proactive anticipatory framework.

  • Annual floods in Ethiopia affect 250,000 citizens and destroy assets valued at approximately $200 million, according to the Ethiopian Disaster Risk Management Commission.
  • Flooding between 2019 and 2023 resulted in the displacement of 1.5 million people.
  • The number of flood-prone areas surged from 25 before 1990 to 540 by 2010, driven by climate change, deforestation, and urban expansion.
  • The 2024 flood disaster displaced over 560,000 people and put 1.9 million citizens at risk.
  • Gambella, Southern Ethiopia, Afar, and Somali are identified as consistently vulnerable regions, with recurrent disasters attributed to a lack of timely intervention and early warnings.
  • High-risk areas include regions near the Awash, Abay, Baro-Akobo, Omo-Gibe, Wabi Shebelle, Genale Dawa, and Rift Valley lakes.
  • The newly released National Flood Anticipatory Action Framework aims to shift from reactive post-disaster responses to proactive management utilizing forecasts.
  • The framework involves multiple stakeholders including the Meteorological Institute, Ministry of Water and Energy, UN agencies, the Red Cross, and humanitarian organizations.
  • The long-term goal of the framework is to reduce Ethiopia's heavy reliance on emergency foreign aid for disaster response.