Tag Archive

climate finance

News • March 6, 2024

Green Growth and Climate Finance Cooperation: FDB, AFD and GGGI Unite for Climate Finance Breakthrough

Suva, Fiji, March 6th, 2024 – In a stride towards sustainable development, the Fiji Development Bank (FDB) formalized a Memorandum of Understanding (MOU) with the Agence Française de Développement (AFD) and the Global Green Growth Institute (GGGI) to launch the Green Growth and Climate Finance Cooperation program. Through funding support from AFD, GGGI will work […]

News • December 5, 2023

GGGI facilitates the partnership between Senegal FONSIS and Africa Climate Foundation for the Renewable and Efficient Energy Fund implementation

Dakar, Senegal, December 5, 2023 – Senegal Fonds Souverain d’Investissements Stratégiques S.A. (FONSIS, the Sovereign Wealth Fund of Senegal for Strategic Investments) and the Africa Climate Foundation (ACF) have launched a strategic and meaningful partnership to establish the Renewable and Efficient Energy Fund. GGGI was instrumental in facilitating this partnership and will support both institutions in implementing this […]

News • November 24, 2023

Ministry of Environment and GGGI host 2nd public-private dialogue on climate finance in Jordan

Aman, Jordan, 23 November 2023 – In a significant stride towards climate action, the Ministry of Environment (MoEnv), in collaboration with the Global Green Growth Institute (GGGI) hosted the Second Public-Private Dialogue on Climate Finance in Jordan. The event aimed to underscore the pivotal role of the private sector in achieving national climate change goals, as […]

News • November 1, 2023

Public Hearing on Mechanisms to promote access to financial support from the Green Climate Fund

Bangkok, Thailand, November 1, 2023 – The Global Green Growth Institute (GGGI) in Thailand in partnership with the Department of Climate Change and Environment (CCE), GIZ Thailand, and the Creagy hosted a public hearing event on Mechanisms to Promote Access to Financial Support from the Green Climate Fund, in Bangkok, Thailand. The event is one […]

News • September 22, 2023

Accelerating Climate Finance Access for East Africa: A Collaborative Effort

Kampala, Uganda, 20th- 22nd September 2023 –  The 2nd East Africa Region Climate Finance Director Level (EARCFD) meeting was held in Kampala. Organized by the Ministry of Finance, Planning, and Economic Development (MoFPED) in collaboration with the Global Green Growth Institute (GGGI) funded by the UK Foreign Commonwealth Development Office (FCDO), and the British High […]

News • September 20, 2023

Pacific countries on the frontline of climate change get support to unlock climate financing for the future of the region

September 15, 2023 – Vulnerable island nations in the Pacific are in urgent need of resources to respond to the worsening climate crisis. Building on the success of mobilizing US $67 million in climate finance its first year of operation, the Climate Finance Access Network (CFAN) is partnering with the Pacific Community (SPC) and the Global Green […]

News • June 12, 2023

The African Union “Green Recovery Action Plan” is Progressing to Drive Sustainable Economic Recovery and Climate Resilience in Africa

Addis Ababa, 5th June 2023 – The African Union (AU) is taking critical steps towards fostering a sustainable economic recovery from the COVID-19 pandemic and effectively managing the impacts of climate change across the continent. The AU Green Recovery Action Plan (GRAP) is a comprehensive strategy designed to promote green initiatives, reduce greenhouse gas emissions, […]

News • June 1, 2023

GGGI promotes climate finance in the Dominican Republic

On May 10th, 2023 the Green Climate Fund (GCF) funded Mobilizing international climate finance and private investments for low-carbon development project was launched in the Dominican Republic. With the objective of achieving low-carbon development in the country and increasing public and private sector financing for climate action this project will be delivered by the Global […]

News • June 1, 2023

Climate Smart and Sustainable Value Chains initiative launched in Saint-Louis, Senegal River Valley

Saint-Louis, Senegal – May 24, 2023 –  The ‘Climate-smart Agriculture and sustainable value chains in Senegal River Valley’ Project, funded by the Ministry of Agriculture, Food & Rural Affairs of the Republic of Korea, was launched today under the patronage of the Deputy Governor of Saint Louis and in the presence of the Assistant Prefect of Ndiaye, the […]

News • May 17, 2023

Regional cooperation a way to address climate resilience of Pacific financial systems.

Suva, Fiji, 17 May 2023 – Climate-related challenges are increasingly recognized in the financial sector globally, and collective approaches are a key solution according to a new regional study. The study was part of discussions during a Pacific Islands Forum (PIF), Global Green Growth Institute (GGGI) and Agence Français de Développement (AFD) regional meeting this […]

News • May 16, 2023

Ecuador Debt-for-Nature Swap in the Galapagos Islands Launched

On May 9th 2023, Ecuador’s government successfully completed the Galapagos Debt for Nature swap, repurchasing USD 1.6 billion worth of Ecuador’s outstanding bonds at approximately 40 cents on the dollar. The operation will save Ecuador USD 1.1 billion in debt service repayments over the next 17 years, with USD 450 million invested in conservation and […]

News • April 18, 2023

CCDA, University of Papua New Guinea, and GGGI Partner to Enhance National Capacity on Climate Finance and Project Management

Port Moresby, Papua New Guinea – The Climate Change and Development Authority (CCDA), University of Papua New Guinea (UPNG), and the Global Green Growth Institute (GGGI) have signed a Memorandum of Understanding (MoU) on 14 April 2023 to boost national and provincial government, including community-based organizations (CBOs), and private sector staff capacity in climate finance […]

News • March 15, 2023

GGGI and La Banque Agricole expand their partnership to support the adoption of Climate-Smart Agriculture in the Senegal River Valley

Dakar, Senegal – The Global Green Growth Institute (GGGI) and the La Banque Agricole  (LBA) signed a second Memorandum of Understanding (MoU) to expand areas of cooperation on Climate-Smart Agriculture on February 22, 2023. Agriculture is one of the most important sectors in Senegal. Around 30% of the population works in the sector accounting for 15% of Senegal’s GDP […]

News • February 20, 2023

GGGI collaborates with MAERSA & MESDET of Senegal and MAFRA of the Republic of Korea to implement a CSA program.

Dakar, Senegal, Friday, February 17, 2023 – Senegal today launched a new project titled: Climate-smart Agriculture and Sustainable Value Chains in Senegal River Valley. The project aims to help enhance agricultural productivity and climate resilience for rice and vegetable value chains by adopting inclusive digital transformation and innovation and promoting resilient farms. The delegation led […]

News • February 15, 2023

GGGI Uzbekistan Successfully Marks the First One-Year Anniversary of Country Office Opening

Tashkent, Uzbekistan [February 15, 2023] – The Global Green Growth Institute (GGGI) Uzbekistan marked the one-year anniversary of the opening of the Country Office in Tashkent. At a celebratory event several high-level dignitaries and guests, including H.E. Mr. Hee-sang Kim, Ambassador of the Republic of Korea to the Republic of Uzbekistan, and H.E. Ms. Zehavit […]

News • November 3, 2022

ONEP launches projects to reduce greenhouse gas emissions and global warming

Bangkok, Thailand – On 12th October 2022 the Office of Natural Resources and Environmental Policy and Planning (ONEP), the National Designated Authority of the Green Climate Fund (GCF), launched the GCF Readiness and Preparatory Support Programme to help Thailand curb greenhouse gas emissions and global warming. The initiative is a collaborative effort between the Thailand […]

News • September 6, 2022

Fiji Secures Technical Assistance Support from The Green Climate Fund to Strengthen Access to Climate Finance

On August 2, 2022 – Fiji has secured a second “Readiness and Preparatory Support Programme” (Readiness Programme) Funding support project from the Green Climate Fund (GCF). The project, “Enhancing Direct Access to Climate Finance in Fiji-Phase 2”, focuses on supporting the Ministry of Economy, the Fiji Development Bank, Line Ministries, the private sector and non-government […]

News • August 30, 2022

GGGI and GET.invest Establish Collaboration to Support Investment into Renewable Energy in the Pacific Region

The Global Green Growth Institute (GGGI) and GET.invest have agreed to collaborate on supporting investment into renewable energy in the Pacific region via an exchange of letters on August 1st, 2022. GET.invest is a European programme that mobilizes investments in decentralized renewable energy, supported by the European Union, Germany, Sweden, the Netherlands, and Austria, and […]

News • August 5, 2022

Dialogue with private sector on green investment and climate finance in Senegal

The Agricultural Bank (LBA), the first Senegalese private commercial bank accredited to the Green Climate Fund (GCF) for direct access, and the Global Green Growth Institute (GGGI) hosted a high-level dialogue on mechanisms and opportunities for climate finance. “The dialogue took place on 16 and 17 June 2022  in Dakar, under the chairmanship of the […]

News • August 2, 2022

CFAN Pacific Advisors Gather in Fiji to Advance Pipeline of Regional Climate Projects

July 22, 2022 – The Climate Finance Access Network (CFAN) convened partners, regional stakeholders, and its Pacific advisor cohort in Suva, Fiji to advance a diverse pipeline of regional climate  projects. CFAN, an initiative established to unlock access to climate finance through building lasting regional capacity, marked the conclusion of its inaugural training program and […]