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Aparna
Aparna

Aparna

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Aparna
Asked: October 2, 20212021-10-02T18:10:51+05:30 2021-10-02T18:10:51+05:30In: GENERAL

What is Global Green Growth Institute (GGGI)?

What is Global Green Growth Institute (GGGI)?

current affairsinternational organisation
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      [Deleted User]
      2021-10-02T18:16:49+05:30Added an answer on October 2, 2021 at 6:16 pm

      Global Green Growth Institute (GGGI)

      • It was fi rst launched as a think tank in 2010 by Korean President Lee Myung-bak and was later converted into an international treaty-based organization in 2012 at the Rio+20 Summit in Brazil.
      • Headquarter: It is headquartered in Seoul, Republic of Korea
      • Key Functions: It works to produce three major outcomes: adoption and implementation of green growth plans; provision of research for policymakers; and private sector engagement in the implementation of the national green growth plans.  The organization uses three approaches to achieve these outcomes: Green Growth Planning & Implementation (GGP&I), Knowledge Development & Management (KDM), and Public-Private Cooperation (PPC).
      • Funding: Funds are given by contributing members.
        • Contributing members are defi ned as Member countries that make a multi-year fi nancial contribution of core funding of no less than USD 15 million over three years.
        • Participating members are defi ned as Member countries that are not contributing members.
      • GGGI has been working in India to promote green growth and sustainable development since 2013.
        • At the state level, GGGI worked closely with the governments of Karnataka, Himachal Pradesh (HP), and Punjab to develop comprehensive green growth strategies together with each.
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