Seoul, Republic of Korea – November 19, 2015 – The Global Green Growth Institute (GGGI) approved new projects for Uganda, Senegal and Nepal today as part of its effort to expand operations in Least Developed Countries and support them in the transition to green economies.
GGGI Director-General, Yvo de Boer, said “GGGI has made it a priority to balance core resources between Least Developed Countries and Middle Income Countries. I am confident that GGGI will achieve the target set in its Strategic Plan 2015-2020 with the share of the core budget allocated to LDCs in 2016 reaching 45 percent.”
The GGGI Strategic Plan 2015-2020 commits the Institute to allocate 50 percent of its core budget to Least Developed Countries by 2020.
At the session, Ugandan Minister of Finance, Planning and Economic Development, Hon. Matia Kasaija noted that “Ugandans desire a green economy and clean environment where the ecosystem is sustainably managed and the livability of the urban systems greatly improved.” The Minister reiterated the commitment of the Government of Uganda to become a member of the GGGI.
In Uganda, GGGI will provide technical support to the government to create an actionable Green Growth Strategy, which is considered as an important first step to making the transition to a green economy. GGGI will also assist Uganda with developing Green Secondary City Development Guidelines as well as supporting key policy makers and stakeholders to develop their capacity.
Mr. Souleymane Diallo, Director of Cabinet from the Senegalese Ministry of Environment and Sustainable Development noted that “the government hopes that green growth will be mainstreamed into priority projects and sectors to reduce poverty, improve social inclusion, and avoid the depletion of already limited resources while addressing climate change.”
In Senegal, GGGI will work in consultation with Senegal’s Ministry of Environment and Sustainable Development (MESD) to operationalize a National Climate Fund to prepare bankable projects for submission to national and international funds. In addition, GGGI will support the government to advance its green city and renewable energy use in rural areas.
In Nepal, GGGI will conduct the Green Growth Assessment to align the country’s existing ministerial/sectoral policies and strategies with green growth and support capacity building of government officials in line with Nepal’s Vision 2030 and Low Carbon Economic Development Strategy.
The sessions of the Council and the Assembly serve as a platform to facilitate south-south learning among GGGI member countries in relation to green growth and the impact of GGGI in-country programs.
The session was chaired by His Excellency Dr Susilo Bambang Yudhoyono, Former President of the Republic of Indonesia and attended by ministers and senior officials from GGGI’s 24 member countries as well as a number of observers (including Colombia, China, the European Union, Germany, Hungary, Lao PDR, Myanmar, Nepal, Peru and Uganda).
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.