Short Title The proclamation is formally cited as The Green Legacy and Degraded Landscape Restoration Special Fund Establishment and Administration Proclamation No. 1361/2024.
Issuing Organ The law was issued by the House of Peoples’ Representatives of the Federal Democratic Republic of Ethiopia. The document was signed by Taye Atske Selassie, the President of the Federal Democratic Republic of Ethiopia.
Effective Date This proclamation entered into force on January 31, 2025, which was the date of its publication in the Federal Negarit Gazette.
Primary Objectives The special fund is established to provide a sustainable and permanent financing mechanism for green legacy initiatives. Its core goals include restoring degraded landscapes, protecting natural and man-made forests, and supporting the national vision of building a climate-resilient and carbon-neutral economy.
Financial Sources The fund is supported by annual federal government budget allocations, specifically between 0.5% and 1.0% of domestic revenue sources. Additionally, it can receive financial, technical, or in-kind support from development partners, civil society, and the private sector.
Governance and Administration A steering committee, chaired by the Minister of Finance and vice-chaired by the Minister of Agriculture, is responsible for overseeing the use and implementation of the fund. Key executive organs include the Ministry of Finance, the Ministry of Agriculture, the Ministry of Planning and Development, and the Ethiopian Forest Development.