Project Description
IFC will work with the Ethiopia Ministry of Water, Irrigation and Energy (MoWIE) to support the Government of Ethiopia (GoE) to design and implement a long-term strategy for the development of Ethiopia's geothermal resources, with a focus on identifying
and recommending models to leverage private investment and expertise in the sector. The project will identify key regulatory, institutional and capacity needs for the realization of the strategy and support the development of the required regulations, institutions,
and capacity. The project will be conducted in two sequential phases: Phase 1 will comprise strategy design, including both recommendations for one or more models of private sector participation and identification of specific regulatory, institutional, and
capacity needs required to implement the strategy; phase 2 will involve direct support to MoWIE and other GoE bodies as appropriate in order to implement the strategy, including drafting and/or revising geothermal laws and regulations; providing technical
and commercial capacity building to GoE and other relevant institutions; and supporting the implementation of the recommended institutional structure.