GGGI is a new kind of international organization — interdisciplinary, multi-stakeholder and driven by the needs of emerging and developing countries. It has been established by several forward-thinking governments to maximize the opportunity for “bottom up” (i.e., country- and business-led) progress on climate change and other environmental challenges within core economic policy and business strategies.The Institute is designed to be an open, global platform to support experimentation and collective learning by developing countries seeking to leapfrog the resource-intensive and environmentally unsustainable model of industrial development pioneered by advanced economies in an earlier era.
Vision
The Global Green Growth Institute (GGGI) was founded on the belief that economic growth and environmental sustainability are not merely compatible objectives; their integration is essential for the future of humankind.
Mission
GGGI is dedicated to pioneering and diffusing a new model of economic growth in developing and emerging countries, known as “green growth,” that simultaneously targets key aspects of economic performance, such as poverty reduction, job creation and social inclusion, and those of environmental sustainability, such as mitigation of climate change and biodiversity loss and security of access to clean energy and water.
GGGI’s Theory of Change
GGGI’s works to advance the practice and theory of green growth by supporting the development, implementation, and diffusion of green growth strategies, and promote a critical mass of successful demonstration initiatives in developing and emerging countries, including in least developed countries. GGGI has built its theory of change to tackle three major barriers to achieving its vision and mission. First, there is a lack of practical experience in planning and implementing green growth strategies, and in generating demonstrated results. Second, there is not yet a convincing economic theory and policy agenda to explain the fundamentals of green growth and guide its pursuit. Third, while green growth requires changes in behavior by industry and financial markets — the scaled deployment of resource-efficient technologies and internalization of environmental externalities in capital allocation — there are too many barriers today to the engagement of the private sector, especially in developing countries. Consequently GGGI seeks three major outcomes for its cooperation with developing countries: adoption and implementation of green growth plans (with adequate local stakeholder support, financing and technologies); provision of relevant, high-quality research for policymakers; and engagement of the private sector in the implementation of the national green growth plans.
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