PORT MORESBY – September 12, 2019 – Papua New Guinea’s Climate Change & Development Authority (CCDA), Department of National Planning and Monitoring (DNPM), Department of Provincial and Local Government Affairs (DPLGA) and Australia’s High Commission in PNG today selected New Ireland, Milne Bay and Enga as the first 3 provinces to be piloted under the Climate Resilient Green Growth (CRGG) project.
The USD 4.4 million project, implemented by CCDA in partnership with the Global Green Growth Institute (GGGI) will mainstream climate resilience and green growth priorities into provincial planning, mobilize upwards of USD 20 million in finance for projects in the provinces, and establish financing mechanisms that support project funding and sustainability.
“The CRGG project will play an important part in helping PNG to achieve its national Sustainable Development Goals and international Paris Commitments, and ultimately deliver inclusive, resilient growth in PNG’s provinces,” said Ruel Yamuna, Managing Director, CCDA.
Funded by the Australia through the PNGAus Partnership, and with technical support from GGGI, the CRGG project aims to support PNG to plan for climate resilience in multiple sectors and provinces and deliver green growth projects with leveraged finance.
To achieve this the 4-year project will see CCDA and GGGI working in the 3 provinces with provincial authorities and stakeholder to deliver 3 interrelated components: integrating climate resilience and green growth into provincial development plans and budgets; developing provincial projects and mobilizing finance to implement them; and establishing new mechanisms that enable and diversify finance for CRGG projects.
“Australia is committed to partnering with PNG in addressing climate change. This collaborative initiative will support the planning and implementation of innovative projects that mobilize investment and deliver green growth impact on the ground,” said Benedict David, Minister Counsellor, Australia High Commission in PNG.
Results and lessons learned from delivery of the CRGG in the initial pilot provinces of New Ireland, Milne Bay and Enga will support the expansion and scale-up of the project in other PNG provinces.
“Delivering impactful projects in these initial pilot provinces is just the first step in the efforts of all development partners to achieve sustainable green growth and inclusive climate resilience in all 22 PNG provinces,” said Achala Abeysinghe, GGGI Country Representative in PNG.
Papua New Guinea and Australia signed a Climate Action Plan in May 2018, reaffirming their commitment to work in partnership on addressing climate change challenges.
Papua New Guinea and Australia are both founding members of GGGI.
About GGGI
Based in Seoul, GGGI is an intergovernmental organization that supports developing country governments transition to a model of economic growth that is environmentally sustainable and socially inclusive. GGGI delivers programs in over 30 partner countries with technical support, capacity building, policy planning & implementation, and by helping to build a pipeline of bankable green investment projects. More on GGGI’s events, projects and publications can be found on www.gggi.org. You can also follow GGGI on Twitter and join us on Facebook, YouTube and LinkedIn.
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Daniel Muñoz-Smith, Communications Specialist
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