Partnership to strengthen green growth planning, financing
24 August, 2018, 5:39 am
A NEW partnership is in place which will see the strengthening of national, sub-national and local green growth planning, financing and institutional frameworks in the Pacific region.
The partnership – in the form of a memorandum of understanding – was signed by the Secretariat of the Pacific Regional Environment Programme (SPREP) and the Global Green Growth Institute (GGGI) on the sidelines of the Clean Pacific Roundtable and associated events this week in Suva, Fiji.
The new partnership will see the organisations working together to support Pacific island countries as they steer towards environmental stewardship and sustainable growth.
“We look forward to our two organisations working together, translating this collaboration from paper to tangible outcomes and actions on the ground in our Pacific islands, for our Pacific islands,” said SPREP director general Kosi Latu in a statement issued today.
Among other outcomes, the partnership also looks at increasing green public and private investment flows to convert green growth strategies and investment plans into practical action.
“The Global Green Growth Institute and SPREP champion common objectives and it makes sense for us to be working together in the Pacific region harnessing our complementary skills to deliver high-quality outcomes for our member countries,” GGGI. Pacific Regional Representative Katerina Syngellakis said.
GGGI supports economic growth that is both environmentally sustainable and socially inclusive, also known as green growth.
The organisation works in over 25 countries worldwide, and has offices in Fiji, Kiribati, Papua New Guinea and Vanuatu.
In the Pacific, GGGI has supported the mainstreaming of green growth into the National Development Plan of Fiji, developed the Fiji’s Nationally Determined Contributions Roadmap and Low Emissions Development Strategy, helped set up the National Green Energy Fund in Vanuatu and is supporting green entrepreneurship capacity building in Vanuatu, Fiji and Kiribati amongst other activities.
SPREP has worked extensively across the Pacific islands region for 25 years, supporting Member countries to achieve a sustainable environment and resilient Pacific.
Currently guided by the SPREP Strategic Plan 2017 – 2026, SPREP has four key programs; Climate Change Resilience, Environmental Monitoring and Governance, Island and Oceans Ecosystems, and Waste Management and Pollution Control.