Enviro News Asia, Bangkok — Global Green Growth Institute (GGGI) and the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) signed an Amended and Restated Memorandum of Understanding (MoU) on 24 February 2026 in Bangkok, Thailand, extending their partnership for another five years.
The agreement was signed by Sang-Hyup Kim, Executive Director of GGGI, and Armida Salsiah Alisjahbana, United Nations Under-Secretary-General and Executive Secretary of ESCAP. The signing ceremony took place alongside the High-Level Partnership Dialogue on Energy Transition for Green Growth and Prosperity.
The renewed MoU builds on the strong outcomes of previous collaboration and reaffirms the shared commitment of both institutions to accelerate green growth, sustainable finance, and climate action across Asia and the Pacific. The updated agreement aligns their cooperation with the 2030 Agenda for Sustainable Development, the Paris Agreement on Climate Change, and enhanced Nationally Determined Contributions (NDCs).
Under the renewed framework, GGGI and ESCAP will intensify efforts to harmonize rapid economic growth in the region with environmental sustainability and inclusive poverty reduction. By combining GGGI’s country-level advisory expertise with ESCAP’s regional leadership in green growth policy, the partnership will promote innovative low-carbon financing mechanisms, including green bonds and carbon pricing instruments, to support climate-resilient and stable development pathways.
In her remarks, Armida Salsiah Alisjahbana expressed appreciation for the renewed collaboration, noting that the strengthened partnership would enhance cooperation on sustainable finance, energy transition, and carbon markets, with a renewed strategic focus on Asia. She emphasized that aligning institutional priorities would generate greater regional impact and mutual benefit.
Sang-Hyup Kim welcomed the renewal and reaffirmed GGGI’s commitment to advancing sustainable development and climate action in close cooperation with ESCAP. He underscored the strategic alignment between ESCAP’s initiatives on sustainable finance and energy transition and GGGI’s work on climate finance, carbon markets, and country-level implementation. Kim also commended ESCAP’s leadership in fostering an inclusive energy transition across the Asia-Pacific region and reiterated GGGI’s readiness to support member countries in accelerating green growth.
The renewed partnership signals a strengthened institutional commitment to mobilizing finance, fostering policy innovation, and delivering tangible outcomes that support a sustainable and resilient future for Asia and the Pacific. (*)
