GGGI to Present Value-For-Money Investment Opportunities
On Tuesday, Yonhap News Agency reported that the new head of the Global Green Growth Institute (GGGI) will present value-for-money investment opportunities as it aims to establish that environmental-friendly growth is executable with speedy economic development.
During a press conference, GGGI's Director-General Frank Rijsberman said, "We must show we deliver value for money for our investors, deliver the impact per dollar invested. Our investors are looking forward to good investment opportunities and we see that GGGI be of high value for money investment opportunities."
Rijsberman took over the position from former GGGI Director-General Yvo de Boer. He will hold the said position for four years.
He was born in the Netherlands and served as the Chief Executive Officer of the Consultative Group for International Agricultural Research Consortium from 2012 until 2016. He also used to serve as a Director for Water, Sanitation, and Hygiene for the Bill and Melinda Gates Foundation, which is managed by Microsoft founder Bill Gates.
In October 2012, GGGI was officially launched as an intergovernmental organization in Seoul, South Korea. The organization has a total of 26 countries signed into its programs to date.
Presently, the institution is managing 34 programs in 24 countries with a mission to help emerging and developing nations start the transition to a greener, sustainable, and low-carbon future by giving objective and useful advice.
Frank Rijsberman also emphasized that green growth does not hinder rapid economic development. He even stated, "You can still have significant growth while reducing environmental impact. I believe we would like to have a bolder proposition to show that we can increase economic growth with green jobs, investment in renewable energy while reducing poverty, increasing inclusion and reducing environmental impact."
According to its website, GGGI is "a new kind of international organization. GGGI was founded on the belief that economic growth and environmental sustainability are not merely compatible objectives; their integration is essential for the future of humankind. We work with partners in the public and the private sector in developing and emerging countries around the world to put green growth at the heart of economic planning."
