BUDAPEST – October 15, 2019 – The Global Green Growth Institute (GGGI) signed a Memorandum of Understanding (MoU) with the Hungary’s Ministry of Innovation and Technology (MIT), to the establishment of the GGGI’s European Office.
Under the agreement, MIT will host GGGI’s European Office in Budapest which will serve as liaison to member countries and development partners in Europe. Hungary’s State Secretary for energy and climate policy Dr. Péter Kaderják and GGGI’s Director-General, Dr. Frank Rijsberman concluded this agreement at the Budapest Water Summit 2019.
“The Ministry of Innovation and Technology is pleased to reaffirm the partnership with GGGI and host its European Office in Budapest,” said Dr. Dr. Péter Kaderják.”The current cooperation agreement will also provide framework for the joint activities of Hungary and the Institute by the end of 2022”
Hungary became a GGG Member in 2016, launching cooperation in the areas of solar water irrigation in Africa and climate finance in the Western Balkans region. The cooperation between GGGI and the Ministry of Innovation and Technology resulted in the establishment of the Western Balkan Green Center in 2019 (Government Decision 1770/2018. [XII. 21]).
“Having a GGGI European Office in Hungary will help strengthen engagement and cooperation among our European partners,” said Dr. Rijsberman. “Hungary and GGGI have partnered to promote green growth from the Western Balkan states to Uganda, and the establishment of a European Office is one more demonstration of this strong partnership.”
The MoU will further strengthen cooperation between GGGI and Hungary, with GGGI poised to support the Government of Hungary on green growth planning, regional climate cooperation, and green investments over the next three years.
About Ministry of Innovation and Technology (MIT)Ministry of Innovation and Technology (MIT), Government of Hungary, is responsible for energy and climate policy, sustainability, info-communications, consumer protection, EU development policies, economic strategy, transportation strategy, and knowledge and innovation management. To learn more about MIT: https://www.kormany.hu/en/ministry-for-innovation-and-technology
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 follow us on Facebook , Twitter and YouTube.