GGGI International Conference 2014
The Global Green Growth Institute hosted an International Conference today that focused on ways to harness creativity and innovation in formulating green growth actions. The daylong conference, titled The Nexus Between The Creative Economy and Green Growth, featured dignitaries and experts from around the world, including former Indonesian President, Dr. Susilo Bambang Yudhoyono and Mary Robinson, United Nations Secretary General Special Envoy on Climate Change. Participants of the Conference focused on three drivers of both green growth and creative economy: technology, finance, and inclusiveness.
GGGI Director-General, Yvo de Boer, opened the conference noting that while the “brown model” of economic growth that much of the world has adopted has been very successful in achieving strong economic growth, it has come at a great cost, such as carbon emissions growth, food insecurity, biodiversity loss, and economic inequality.
“In a world where natural resources are becoming increasingly scarce and expensive, the challenge is to find an economic model that is more creative –that focuses not on creating wealth but focuses on creating prosperity for a rapidly changing population –one that is increasingly aging and urbanizing,” said Mr de Boer at the conference’s opening plenary.
President Yudhoyono, who was recently named as President of the GGGI Assembly and Chair of the Council gave opening remarks at the conference. In his speech he also recognized the formidable challenges the world faces and that fresh ideas and bold actions are required to face them.
“For green growth to materialize, countries need creative solutions –in financing, technology development and transfer, and development cooperation as well as sharing knowledge and experience,” President Yudhoyono said.
The President went on to commend the Republic of Korea for its creative actions in this regard.
For her part, Mrs. Robinson, who was a keynote speaker, focused on the notion that creating an inclusive, low carbon growth society means fostering decent jobs and livelihoods, improving equality, including gender equality, and expanding people’s access to sustainable energy and affordable, nutritious food. In order to do so global political leadership is essential as is catalyzing action at scale.
“While individual green economy projects are becoming increasingly attractive for finance, these are not yet catalyzing the national scale or industry-wide transitions that we need to see in every country and industry in the world,” said Mrs. Robinson.
Conference participants spent the day discussing what actions and approaches should be taken to meet the challenges and creatively pursue green growth policies.
On the need for green growth leadership, it was generally agreed that partnerships that unite key players from different sectors are essential. Innovative partnerships can help build capacity in localities where expertise and experience are lacking. Mechanisms can be created to aggregate demands and link them to international institutions that can then assist with financing and implementation of innovative green growth policies and projects.
There was much discussion around climate finance. Participants unanimously agreed there is ample funding available. The issue is government readiness and whether they have created an environment that minimizes risks for investors. Similarly on technology, governments need to provide legal and regulatory certainty in order to encourage investment and development of green technologies.
On social inclusion, there was a call for a more cohesive method to measure inclusion and hold countries accountable for an international social inclusion agenda.
This Conference comes on the heels of GGGI Assembly and Council meetings, held on November 18, where they approved GGGI’s new five-year strategic plan. The strategy begins to shift GGGI’s focus to least developed countries (LDCs), to working increasingly in Member countries, and to developing bankable projects on the ground.
Also, on November 18, the United Kingdom signed an agreement with GGGI to provide the organization with £14.8 million (roughly $23 million) over the next three years.
“The strategic plan will lead us to focus much more strongly on Member countries and the least developed countries as well as renewed focus on collaboration with international institutions. The plan is the result of a very rigorous consultation exercise that has taken place over the past 6 months with all of our Members,” said Mr. de Boer.
Watch the Conference
Watch all the plenaries and sessions on GGGI’s Youtube page.
Global Green Growth Summit
Global Green Growth Summit is an annual event centered on Green Growth. The Summit provides a unique opportunity to engage in a collective thought process about the cooperative arrangements and initiatives that could accelerate the transition to a new, more sustainable paradigm of Green Growth.
1. Global Green Growth Summit 2011; Building Planet – Responsible Civilization (20-21 June 2011, Seoul, Korea)
The first annual Global Green Growth Summit was held on June 20 and 21, 2011 in Seoul, Korea. The event was hosted by the Korean government and the Organization for Economic Co-operation and Development (OECD) and organized by multiple groups, including GGGI, the National Research Council for Economics, Humanities and Social Sciences (NRCS), the Korea Development Institute, and in partnership with the United Nations. The summit featured leading international experts on the environment, economic development, science, and technology in an effort to further the dialogue on the multiple issues surrounding the concept of green growth. The summit also featured addresses from a number of dignitaries, including President Lee Myung-bak of the Republic of Korea, President H.E. Bharrat Jagdeo of the Cooperative Republic of Guyana, Secretary-General of the United Nations Ban Ki-moon, and Secretary-General of the OECD Angel Gurria. Several GGGI officials participated in the summit, either through speeches, panel discussions, or both, such as then Board Chair Han Seung-soo, and Executive Director Richard Samans.
The over-arching theme of the summit was “Building a Planet-Responsible Civilization,” which was defined by President Lee as the necessity for humanity to move beyond the industrial age to one in which economic progress does not have a destructive impact upon the earth.
The summit consisted of panel discussions and roundtable sessions on various topics ranging from further refining practical green growth and sustainable development implementation policies to the role civil society can play in fostering and supporting green growth. GGGI Executive Director Richard Samans chaired a panel discussion entitled GGGI and a New Framework of Cooperation wherein Mr. Samans spelled out GGGI’s mission as supporting countries to develop in a green and sustainable manner, facilitating public-private cooperation, and conducting research.
2. Global Green Growth Summit 2012; Global Governance for Green Growth and the Green Economy (10-11 May 2012, Seoul, Korea)
Under the main theme of “Global Governance for Green Growth and the Green Economy,” GGGS 2012 convened top economic and environmental policymakers and experts from around the world to discuss specific ways in which international cooperation could be strengthened to support countries that wish to pursue green growth and green economy strategies.
GGGS 2012 had a highly interactive format in order to stimulate ideas and partnerships for improvements in international economic and environmental cooperation. There were four interactive plenary sessions in which:
- Leading entrepreneurs and scholars provided their vision of how international cooperation must evolve to spur a new and fundamentally more resource-efficient industrial revolution.
- Senior public figures discussed how international economic and environmental governance could be strengthened and better aligned to support green growth, including which opportunities in this respect should be seized at the G20 Leaders and United Nations Rio+20 Summit.
- Policymakers from countries that are first or fast movers on green growth and the green economy explored their plans in 2012 as well as their longer term vision for cooperation in this field.
- Leaders of international organizations involved in the Summit took stock of the agenda that has emerged from the two days of discussions and articulated their vision of the priorities for their institutions as well as the wider international system going forward.
3. Global Green Growth Summit 2013 (10-11 June 2013, Korea)
This will be the third annual event and will be held 10-11 June, 2013, Korea.