Strong, inclusive and sustainable low-emission economic development
The Global Green Growth Institute (GGGI) was founded in 2010 and is an intergovernmental treaty-based organization that supports developing countries to achieve sustainable and inclusive economic growth. The GGGI Strategy 2030 sets GGGI’s plan for supporting its more than 30 members and partners globally for transforming their national economies for environmentally sustainable and socially inclusive green growth. In 2017, the GCF and the GGGI signed a Framework Readiness and Preparatory Support Grant Agreement. Under this strategic partnership, the GGGI implements readiness projects in its member countries to improve access to GCF resources for transformational climate action.
At a glance
Number of countries supported
+GGGI has delivered support to 27 countries since 2018.
-Number of Readiness Grants
+GGGI has delivered the support of 52 readiness grants since 2018.
-Amount of Readiness Financing
+Cumulative funding amount of GCF Readiness Support to GGGI since 2018.
-"I am grateful for the GCF readiness support received through GGGI to enable us to build up our own technical capacity, explore the potential to unlock new capital through private sector mobilization and engagement, and shift our thinking into alignment with the Paris Agreement through our GCF Country Program within the framework of the National SDG 13 Climate Action Roadmap."
Mr. Ruel Yamuna
Managing Director, Climate Change and Development Authority of Papua New Guinea
The foundations of unlocking climate finance
Private sector mobilisation / Financial flows towards national climate goals
Concept Notes / Unlocking access to climate finance
Country Programming / The First step towards funding proposals
Only with the RPSP
Global Network and Partnerships
by choosing an international Delivery Partner like GGGI, countries can leverage the global network and partnerships beyond the national level to achieve their climate action plans and Sustainable Development Goals (SDG)
Flexible Arrangements
Countries decide where readiness support is most needed
Continuous Support
Both human and financial resources readily available to countries.
Results
Material results with meaningful impacts
0
Strategies developed to foster private financing
0
Number of nominated Direct Access Entities
0
Concept Notes
"The Government of Vanuatu is pleased to have collaborated with the GGGI on successful completion of two GCF Readiness funded projects, namely, “Readiness Support for the Development of the Vanuatu National Green Energy Fund” (NGEF) and the “Mobilizing Vanuatu’s Private Sector towards Climate Change Action”. The NGEF support project has subsequently contributed to formal establishment and operationalization of the Fund, which so far has mobilized over 2M USD for investments in renewable energy projects in rural off-grid areas of Vanuatu."
Ms. Esline Garaebiti
Director General, Ministry of Climate Change of Vanuatu