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.
Global Green Growth Institute (GGGI)