Press Release

Director-General of Global Green Growth Institute Delivers Keynote Address on National Climate Mitigation Initiatives at COP21 NAMA Fair

cropped-2Paris – December 2, 2015 – Yvo de Boer, Director-General of the Global Green Growth Institute (GGGI), an intergovernmental organization founded to support and promote green growth, gave one of two keynote speeches today to open the Nationally Appropriate Mitigation Actions (NAMA) Fair at the 2015 Paris Climate Conference (COP21), where he spoke on how NAMAs are a crucial way to provide financing to developing countries.

H.E. Minister Laurent Fabius, Foreign Minister of the French Republic, gave the second keynote speech at the Fair, which is organized by the UNFCCC Secretariat to inspire further transformational action on the ground by showcasing how transformational country-driven sustainable development initiatives (NAMAs) are moving developing countries along a low-emissions development trajectory.

“I see COP21 very much as an opportunity to step forward and take global engagement towards effective implementation,” said Yvo de Boer, who is also the former Executive Secretary of the UNFCCC. “Today’s NAMA events allow us to better understand how NAMAs, and the financing for NAMAs, can be connected more effectively and more verifiably to the development goals of each country.”

“COP21 must open a new era of universal action on climate change inspired by solidarity. The mitigation action that we talk about today illustrates this period. And in many ways prepared us for the developments yet to come,” said Foreign Minister Laurent Fabius.

GGGI’s Green Investment Service (GIS), which leverages GGGI’s unique and deep understanding of local green growth needs to provide a suite of Green Investment Services to countries seeking to green their current and/or future infrastructure, is also a member of the NAMA Fair organizing committee. GGGI’s in-country teams act as trusted advisors to governments and other stakeholders.

As part of the Fair, GGGI’s GIS also organized a panel discussion together with the German Agency for International Cooperation (GIZ) and United Nations Environment Programme DTU Partnership, a leading international research and advisory institution on energy, climate and sustainable development. The panel focused on opportunities to facilitate NAMA financing and technical assistance, as well as key activity areas of GGGI in the more than 20 developing countries it is active in.

About GGGI

Based in Seoul, GGGI is an intergovernmental 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, see https://www.gggi.org and visit us on Facebook and Twitter.