Ethiopia’s natural resources are the foundation of Ethiopian economic development, ensuring food security and providing basic necessities to its growing population. Over the past three decades, however, Ethiopia has lost a significant amount forest cover due to deforestation. With expansion of agriculture, settlements, and wild fires, the rate of deforestation remains quite high. Although REDD+ institutional arrangements are still in the early stages of development within Ethiopia, donors have committed US$20 million to the country. In this report, REDDX in-country partner, Environment and Coffee Forest Forum (ECFF), collaborated with Ministry of Environment and Forest (formerly the EPA) to explore Ethiopia’s REDD+ financial commitments between 2009 and 2012.