Archive

News • March 29, 2013

BRICS Development Bank

Five giants of the developing world have in principle agreed to create a development bank to provide initial funding for infrastructure projects worth $4.5tn (£3tn), in a potentially historic challenge to western-dominated financial institutions. The leaders of Brazil, Russia, India, China and South Africa – known as the Brics – sat together on stage in a highly symbolic show of unity in Durban, […]

News • March 27, 2013

OECD aid chief urges green development

The developing world’s drive to stamp out poverty should be integrated with environmental efforts to minimize its vulnerability to climate change and achieve sustainable growth, the new chair of the OECD’s Development Assistance Committee said Tuesday. Erik Solheim, who took the helm of the club of major patrons of developing countries in January, described Korea […]

News • March 19, 2013

Green Growth: a greener Cambodia

PHNOM PENH (The Cambodia Herald) — The Opening ceremony of the National Council on Green Growth (NCGG) and the General Secretariat for Green Growth (GSGG) was officially held Tuesday under the chairmanship of the Prime Minister at the Peace Palace. Cambodia had signed an agreement with 16 other countries to set up the Global Green […]

News • March 19, 2013

Cambodia adopts green growth model

Domestic interest in green growth may be shrinking under the new administration, but efforts by the previous president to export Korea’s eco-friendly development model globally is gaining momentum. One of the most significant achievements of the Global Green Growth Institute (GGGI) since it became an international organization last October was made in Cambodia Tuesday. GGGI […]

News • March 15, 2013

Norway provides $8 million for GGGI’s work in Ethiopia

Norway signed an agreement with the Global Green Growth Institute on Thursday to provide $8 million to support environmentally friendly development in Ethiopia. Under the deal, the GGGI will lead research and help with policy planning in the African country. Norway is a founding member and donor partner of the GGGI, which was set up […]

News • March 6, 2013

Cambodia aims for green economy

Cambodia has adopted a national policy to achieve economic development through sustainable utilisation of the environment and natural resources during a cabinet meeting presided over by President Hun Sen. In recent years, Cambodia has been the beneficiary of tremendous economic growth, with the IMF forecasting the economy to have expanded by 6.3 per cent to […]

News • March 2, 2013

Cambodia adopts 2013-2030 green growth plan

Cambodia on March 1 approved a national policy and strategic plan for green growth in the 2013-2030 period, aiming at developing the economy with consideration for environment and natural resources sustainability. They were adopted during a weekly cabinet meeting chaired by Prime Minister Hun Sen. The national policy targets a balance between economic development and […]

News • March 1, 2013

Green Growth, and how we get there

Jointly sponsored with the Global Green Growth Institute (3GI – a newly-established inter-governmental body based in South Korea), the 100 or so delegates came from many parts of the world to share their experience, analysis and tactics for greening our economies. One speaker quoted legendary investor Jeremy Grantham who, in his 4th quarterly letter to clients last year, said “you […]