The seeds for the establishment of the Global Green Growth Institute (GGGI) were planted 7 years ago. On August 15, 2008, President Lee Myung-bak of the Republic of Korea proclaimed “Low Carbon, Green Growth” as Korea’s new vision not only for his country, but for the world. This vision aimed to shift the current development paradigm of quantity-oriented, fossil-fuel dependent growth to quality-oriented growth with an emphasis on the use of new and renewable energy resources.
On June 16, 2010, GGGI was launched as a platform for evidence-based learning and policy innovation working to illuminate practical opportunities for country-led and industry-led progress on the twin imperatives of economic development and environmental sustainability. GGGI was initially structured as a non-profit foundation under Article 32 of the Civil Code of the Republic of Korea. GGGI converted into an international organization in accordance with an agreement among its major partner governments in October 2012, following the ratification of the organization’s Establishment Agreement by several member country governments. Ratification was preceded by an Establishment Agreement signing ceremony held in Rio de Janeiro, Brazil, at the United Nations Conference on Sustainable Development (Rio+20) in June 2012. On October 23, 2012, GGGI held inaugural meetings of its Assembly and Council in Seoul as part of the organization’s new international governance structure.
These events, attended by representatives of the organization’s 18 founding member countries, were key milestones in GGGI’s history and evolution to becoming an international organization. The 18 founding Member countries of GGGI include: Australia, Cambodia, Costa Rica, Denmark, Ethiopia, Guyana, Indonesia, Kiribati, Mexico, Norway, Papua New Guinea, Paraguay, the Philippines, Qatar, the Republic of Korea, the United Arab Emirates, the United Kingdom and Vietnam.
Since inauguration, Fiji, Jordan, Mongolia, Rwanda, Senegal and Vanuatu have also become Member countries of GGGI.
GGGI has two main integrated activities:
- Country Green Growth Planning & Implementation— GGGI’s hands on, country work is carried out by the Green Growth Planning & Implementation (GGP&I) division. GGGI experts are embedded with partner governments as trusted partners to explore green growth opportunities in line with the country’s development goals. The customized projects established through such opportunities are analyzed, developed and implemented in partnership with in-country partners. GGGI currently operates programs in 16 countries, with plans to expand work to an additional 10 countries in 2015. read more >
- Investment and Policy Solutions Division–GGGI’s Investment and Policy Solutions Division (IPSD) focuses on producing cutting-edge, policy-relevant knowledge products and services and creating an enabling environment for making markets work for green growth. IPSD supports GGGI’s in-country work by providing technical know-how for country programs and provides services to contribute to the broader global dialogue on green growth. read more >