SEOUL – June 20, 2017 – The Global Green Growth Institute today published its 2016 Annual Report, which demonstrates the organization’s results in 2016 to support Member and partner countries to develop green growth planning frameworks and adopt green growth policies that enable increased financing and enhance institutional capacity and knowledge sharing in developing countries and emerging economies.
Two-thousand sixteen included many milestones for GGGI. Building on the momentum of the Paris Agreement and other notable sustainable development initiatives, GGGI re-doubled its effort to deliver green growth and lay the groundwork for transformational change. In 2016, GGGI completed its first biennium Work Program and Budget (WPB) against its Strategic Plan 2015-2020, which focuses on mainstreaming green growth, and developing projects and programs that deliver economic growth that is environmentally sustainable and socially inclusive.
“The work GGGI delivered in 2016, resulted in sound enabling policies, and planning and institutional frameworks that are critical for transformational change toward a path of green growth,” said Dr. Frank Rijsberman, GGGI Director-General.
In 2016, GGGI facilitated the adoption of 14 green growth policies by partner governments in 10 countries. Working closely with partner governments, GGGI developed green growth strategies and plans and mainstreamed green growth into existing policies and plans.
Backstopped by enabling policies, partner governments initiated the implementation of critical actions to unlock investments needed for green growth. GGGI contributed to the mobilization of USD 105 million in finance from donors to fund green growth activities in Colombia and Ethiopia.
To broker green growth knowledge and learning between countries, GGGI leveraged its experience in strengthening policies to build institutional relationships, partnerships and knowledge networks. In 2016, GGGI contributed to 140 capacity building activities and organized an international conference, the Global Green Growth Week 2016, to forward progress on green finance, project development and green technology solutions.
“The achievements of 2016, leave no doubt that GGGI is well positioned to address the Sustainable Development Goals and Nationally Determined Contributions priorities of its Members and partners”, add Dr. Frank Rijsberman. “GGGI is now set to demonstrate to stakeholders that it can deliver financial resources to bankable green growth projects and increase impact at scale.”
The official 2016 Annual Report is available online. The Report webpage includes detailed project by project reporting on each of the 50 programs and projects GGGI delivered during the WPB for 2015-16.
Visit www.report.gggi.org/2016 to learn more.
Read the Key Messages here.
About the Global Green Growth Institute (GGGI)
Based in Seoul, GGGI is a treaty-based international, inter-governmental organization founded to support and promote green growth. The organization partners with countries to help them build economies that grow strongly, are more efficient and sustainable in the use of natural resources, less carbon intensive, and more resilient to climate change. GGGI works with countries around the world, building their capacity and working collaboratively on green growth policies that can impact the lives of millions. To learn more about GGGI, see http://www.gggi.org and visit us on Facebook and Twitter.