INCHEON, South Korea, Dec. 6, 2013 /PRNewswire/ -- The Global Green Growth Institute (GGGI) opened its Songdo liaison office on Wednesday, December 4, following the opening of a new World Bank office and the opening of the United Nation's Green Climate Fund (GCF) in Songdo, Incheon City.
Mr. Song Young Gil, Mayor of the Incheon Metropolitan City, Mr. Lee Jong Cheol, Commissioner of the Incheon Free Economic Zone (IFEZ), and Mr. Howard Bamsey, Director-General of GGGI signed a framework memorandum for the new facility.
GGGI will use its Songdo office as the designated venue for international cooperation and coordination with multilateral organizations, including the Green Climate Fund (GCF), as well as for specialized training and capacity-building activities, and high-level governance activities. GGGI envisions working closely with organizations that have complementary objectives in promoting green growth and sustainable development.
Mayor Song Young Gil said, "The Incheon Metropolitan City seeks to support GGGI, the GCF and the World Bank to work together and build partnerships to create synergies. I believe that sustainable development is a critical factor of growth and progress and can directly and indirectly affect most of the economic issues we currently face."
IFEZ Commissioner Lee Jong Cheol said, "Incheon Free Economic Zone seeks to work closely with GGGI to promote the global green future."
H.E. Lars Rasmussen, Chair of GGGI said, "From our point of view, GGGI, we are indeed proud to have Korea as our home base. Thanks to the efforts by Mayor Song, Songdo is playing a very important role in promoting international organizations. I would like to express my heartfelt gratitude to the Incheon City for sponsoring our initial set up in the G-Tower and their generosity speaks volumes for their commitment to green growth endeavors."
Mr. Howard Bamsey, Director-General of GGGI said, "We intend to change the whole way in which development works around the world. When we succeed in doing that, much credit will devolve to Incheon City for assisting us as well as to the Korean government."
GGGI is a treaty-based international organization dedicated to developing and diffusing a new paradigm of economic growth -- green growth -- which simultaneously balances economic performance and environmental sustainability to help build strong and inclusive societies. Headquartered in Seoul, and with 20 member countries and signatories, GGGI works in long-term partnership with developing and emerging economies through rigorous green growth planning, research and public-private cooperation.
For more information see: www.gggi.org
SOURCE Global Green Growth Institute