SAN JOSE, Costa Rica and DETROIT, May 10, 2017 /PRNewswire/ -- A Heads of Agreement was signed and initial underwriting has commenced between GPM Global (GPM), University for International Cooperation (UCI), Village Green Global Inc. (VGG) and Rio Gigante Community; to establish the International Institute for Peace and Sustainable Development (IIPSD).
The Institute which will be the first graduate school in the world to focus on regenerative development using project based learning with the UN PRME Principles as its foundation, is being underwritten by Lance Capital (New York) for 96 Million US Dollars, it will be a completely self sustaining campus and serve as a lightning rod for the International Sustainable Development Goals (SDGS).
GPM President Joel Carboni states, "Given the increased challenges being seen throughout the world, it is critical to develop leaders for peace and sustainability with hands on learning approaches. This institute will drive positive change."
In a meeting with the Costa Rican President Dr. Luis Guillermo Solis Rivera, Minister of Trade and Commerce Mr. Alexander Mora, Vice Minister of Public Education Mrs. Alicia Vargas, Vice Minister of Agriculture Felipe Arguedas, the project was welcomed given the importance of the mission that the Institute has to play nationally, regionally and globally.
President Solis stated, "This project is welcomed by the country and is greeted in the context of our commitment to carbon neutrality and sustainable development."
VGG President Doug Smith stated, "This project demonstrates all principles of sustainability and from a land use to financial investment perspective and VGG is proud to be a part of it."
Construction of the campus, the first of several planned around the world, is expected to commence this year.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/international-institute-for-peace-and-sustainable-development-to-be-launched-in-costa-rica-300455036.html
SOURCE Village Green Global Inc.