Enviro News Asia, London — The Global Green Growth Institute (GGGI) and the European Bank for Reconstruction and Development (EBRD) have signed a Memorandum of Understanding (MoU) to strengthen cooperation on green growth and climate action. The agreement establishes a framework for closer collaboration to support countries in pursuing competitive, resilient, and climate-aligned economic development pathways.
Under the MoU, GGGI and EBRD will jointly identify priority areas for engagement, combining policy support, capacity building, technical assistance, and investment-related activities. The partnership aims to enhance synergies in project development and investment readiness across selected climate and sustainability themes.
Initial areas of cooperation include methane emissions reduction, carbon markets, and climate-smart agrifood systems. The collaboration will also explore opportunities to support country-led initiatives and market-based approaches that accelerate sustainable economic transitions.
The MoU provides a non-exclusive framework for cooperation, beginning with exploratory engagement across multiple regions and sectors, with the potential to expand to additional countries through future joint initiatives. Leveraging their complementary mandates, both institutions will seek to strengthen project preparation, policy reform, and investment pipelines in developing and emerging economies.
“This partnership marks a critical milestone in our mission to bridge the gap between green policy and large-scale climate investment,” said Sang-Hyup Kim, Executive Director of GGGI.
“By combining GGGI’s expertise in policy reform with EBRD’s financial leadership, we aim to turn climate ambition into bankable and resilient investment opportunities.”
The agreement aligns with GGGI’s Strategy 2030 and the EBRD’s Green Economy Transition 2030 Strategy, reinforcing the commitment of both institutions to scaling up climate finance, strengthening climate resilience, and promoting inclusive and sustainable growth.
