– Young people – a growing population segment in developing countries – are intrepid innovators and entrepreneurs who can help solve pressing climate and development challenges today.
Believing in the potential of the youth, the Seoul-based Global Green Growth Initiative (GGGI), in partnership with Student Energy and Youth Climate Lab, has developed a new platform for young entrepreneurs with a flair for business development that is environmentally and socially sound.
Greenpreneurs is designed to provide opportunities for young entrepreneurs to transform innovative ideas into green businesses in sustainable energy, water and sanitation, sustainable landscapes and green cities.
GGGI’s manager leading the Greenpreneurs Programme, Juhern Kim, says the institute has been working with developing countries for the last six years as an inter-governmental organisation and realised the need to work with young people in those countries as a new engine of green growth. Many young people have innovative ideas on green growth but do not have a proper ecosystem to convert them into business opportunities that create jobs.
“Based on my experience, I learned firsthand about the limitation of an aid-based development approach, and recognised the need of partnering with business as a solution provider of traditional development issues that we want to tackle through a green growth intervention,” Kim tells IPS. “There might be a role of us – solely dedicated to promoting green growth – as a facilitator or platform creator to serve the needs in developing countries, working with various stakeholders including investors.”
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