Seoul, August 25, 2020 – Côte d’Ivoire deposited its instrument of accession to become the 38th Member of GGGI. The instrument of accession was deposited by Cote d’Ivoire’s Ambassador to the Republic of Korea, H.E. Sylvestre Kouassi Bile and received by GGGI’s Director-General, Dr. Frank Rijsberman, in a ceremony at GGGI’s Headquarters in Seoul, Republic of Korea.
Côte d’Ivoire will formally become a Member of GGGI on September 24, 2020. Under the Agreement of the Establishment of GGGI, a country officially becomes a Member of GGGI 30 days after the deposit of its ratification.
“GGGI is pleased to welcome Côte d’Ivoire as its newest Member and we look forward to working together across multiple fronts, including supporting the country’s efforts to enhance access to climate finance through the GCF Readiness and Preparatory Support Programme and building capacity to manage climate change projects,” said Dr. Frank Rijsberman.
For the Ivorian Government’s Council of Ministers noted on May 27, 2020, “Membership of GGGI will offer opportunities to Côte d’Ivoire to benefit from the technical assistance of this Institute, through the establishment of a local office to assist it in identifying green investment priorities and the mobilization of additional financial resources to the state budget, with a view to implement the national strategy to reduce the effects of climate change.”
Since January 2020, GGGI has been collaborating with Cote d’Ivoire to help them access climate finance by developing concept notes to submit to the Green Climate Fund (GCF). Through its Readiness work, GGGI is supporting the country to apply to become GCF’s new Direct Access Entity (DAE). In addition, GGGI has been working closely with the Banque Nationale d’Investissement (BNI), a national investment bank, to help them identify their capacity needs to develop a national financing strategy, which includes providing recommendations on mobilizing private sector investment for climate action.
GGGI was established as an international intergovernmental organization in 2012 at the Rio+20 United Nations Conference on Sustainable Development. Its vision is “a low-carbon, resilient world of strong, inclusive, and sustainable growth” and its mission “to support Member countries in the transformation of their economies into a green growth economic model”. GGGI does this through technical assistance to: reduce greenhouse gas emissions in line with the Paris Agreement; create green jobs; increase access to sustainable services (such as clean affordable energy, sustainable waste management); improve air quality; sustain natural capital for adequate supply of ecosystem services; and enhance adaptation to climate change.
Ban Ki-moon is the President of the Assembly and Chair of the Council of GGGI. Membership to GGGI is open to Member States of the United Nations and Regional Integration Organizations ratify the Agreement on the Establishment of GGGI. The Members of GGGI are Angola, Australia, Burkina Faso, Cambodia, Costa Rica, Denmark, Ecuador, Ethiopia, Fiji, Guyana, Hungary, Indonesia, Jordan, Kiribati, Republic of Korea, Kyrgyz Republic, Lao PDR, Mexico, Mongolia, Norway, Organisation of Eastern Caribbean States, Papua New Guinea, Paraguay, Peru, Philippines, Qatar, Rwanda, Senegal, Sri Lanka, Thailand, Tonga, United Arab Emirates, Uganda, United Kingdom, Uzbekistan, Vanuatu, Viet Nam.