Kyung-Nam Shin
Assistant Director-General and Head of Investment & Policy Solutions (IPSD) Division
GGGI’s Green Investment Services (GIS) Global Practice supports the organization’s Member and Partner countries in mobilizing green finance needed for meeting their NDCs and green growth targets. As part of these efforts, GGGI has leveraged US$ 2 billion of climate finance for 60 projects during 2015-2020. In 2021, GGGI has mobilized additional US$ 5 billion, totaling over US$ 7 billion of initial investment commitment for climate projects since 2015. The core focus of these efforts work was to bridge the gap between financiers and projects, i.e. the lack of well-designed green projects that meet the risk-reward expectations of investors, and creating National Financing Vehicles (NFVs) with the aim to blend public and private sources of finance, both international and domestic, to expedite the finance flow to address the gap between financiers and projects. An external evaluation of GGGI’s mobilization efforts conducted in 2019 confirmed that the majority of GGGI-initiated projects move forward to financing & implementation.
The first Global Operational Priority in GGGI’s Strategy 2030 is to catalyze and accelerate access to climate finance/green investment and the GIS Global Practice supports the organization’s ambition to mobilize USD 2 billion of green investment commitments annually by 2030. The intention is to scale the mobilization efforts by expanding GGGI’s engagements around green/climate bonds and by greening domestic banks in emerging markets, while developing and deepening partnerships with strategic investors, institutions, and platforms with a deep understanding of, and a long-term commitment to, green growth in developing countries and emerging markets. GIS Global Practice is collaborating with leading organizations in the field — currently leading the partnership with the ASEAN Catalytic Green Finance Facility as a knowledge partner and engaging as an observer to the Green & Social Bond Principles of the International Capital Market Association.
CASTRIES, SAINT LUCIA, November 10, 2025 – The Global Green Growth Institute (GGGI) and the Government of Grenada have signed a Memorandum of Understanding (MoU) to enhance collaboration in scaling up […]
Jordan, October 2025 – The Global Green Growth Institute (GGGI), in partnership with the Cities and Villages Development Bank (CVDB), has successfully concluded a series of four regional meetings with […]
[Encuentre la versión en español abajo] Bogotá, Colombia, November 6, 2025 – The Mayorship of Bogotá, through the District Secretariat of Finance, successfully carried out the first international issuance of […]
Port-of-Spain, Trinidad and Tobago, November 1, 2025 – The Global Green Growth Institute (GGGI) participated in the Korea-Caribbean Climate Sustainability Seminar contributing to regional knowledge-sharing on climate adaptation and resilience. […]
Castries, Saint Lucia, October 21, 2025 – During September, Saint Lucia hosted a Regional Peer-to-Peer Knowledge Exchange to advance climate finance initiatives in Small Island Developing States (SIDS). Supported by […]
Kigali, Rwanda, 23 October 2025 — The Global Green Growth Institute (GGGI), in collaboration with the Rwanda Environment Management Authority (REMA), convened a capacity-building workshop to strengthen Rwandan public institutions’ […]
While many African countries consider boosting their e-mobility transition, there are some statistics to have a look. A 2024 UNEP report shows developed countries exported 3.1 million used gasoline vehicles […]
Jakarta, Indonesia, October 16, 2025 — The Global Green Growth Institute (GGGI) and PT Bank Syariah Indonesia Tbk (BSI) have signed a Memorandum of Understanding (MoU) on the Development of […]
(SPANISH VERSION BELOW) MEXICO CITY, OCTOBER 10, 2025 – The Government of Mexico City has introduced a Sustainable Finance Framework for the issuance of bonds, loans, working capital solutions, letters […]
With the world still struggling to close the massive financing gap for sustainable development, GGGI is putting sustainable finance at the center of the conversation during Global Green Growth Week […]
Luxembourg, October 8, 2025. The Global Green Growth Institute (GGGI) and Appui au Développement Autonome (ADA) have signed a Memorandum of Understanding (MoU) to advance inclusive, climate-resilient development and green […]
Dakar, October 8, 2025 – Abdou Diouf International Conference Center (CICAD), Diamniadio. The Sovereign Fund for Strategic Investments (FONSIS), in collaboration with the Senegalese Ministry of Energy, Petroleum and Mines […]
Tashkent, Uzbekistan, September 29, 2025 – A year after Agrobank’s initial bond issuance on the London Stock Exchange, the bank presents the Green Bonds Allocation and Impact report. This report […]
Jakarta, Indonesia, 29–30 September 2025 – Bridging Indonesia’s climate finance gap — estimated at IDR 3,461 trillion by 2030 — requires more than public funds. It demands large-scale private sector […]
(SPANISH VERSION BELOW) Lima, Peru, September 2025. Global Green Growth Institute (GGGI) participated at the 2025 Green Finance International Forum (FIVERDE), playing a critical role in five key sessions on […]
Castries, Saint Lucia – September 24, 2025 – The Government of Saint Lucia has launched an innovative Climate Finance Unit (CFU) to help attract more funding for climate change interventions […]
(Spanish translation available below) SANTO DOMINGO, DOMINICAN REPUBLIC, September 24, 2025 – The Global Green Growth Institute (GGGI) reaffirmed its commitment to partnership with the Dominican Republic as GGGI’s Regional […]
(English translation available below) Santiago, República Dominicana. – El Banco de Ahorro y Crédito FONDESA, S.A. (BANFONDESA) emitió con éxito el primer tramo de su Programa de Emisiones de Bonos […]
ADDIS ABABA, ETHIOPIA – September 15, 2025 – The curtains have closed on the 2nd Africa Climate Summit (ACS2) in Addis Ababa, but the momentum it generated for Africa’s green […]
Kampala, Uganda, September 11, 2025 – The Government of Uganda, through the Ministry of Finance, Planning and Economic Development (MoFPED) in partnership with the Ministry of Water and Environment (MWE), […]
Assistant Director-General and Head of Investment & Policy Solutions (IPSD) Division