Stronger regional monetary cooperation to refinance and promote intraregional trade and develop intraregional value chains, moving beyond simple regional reserve swap and pooling agreements to bridge liquidity constraints towards the more full-scale development of regional payment systems and internal clearing unions.
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A rules-based framework to facilitate an orderly and equitable restructuring of sovereign debt that can no longer be serviced according to the original contract, governed by a set of agreed principles and body of international law. Making capital controls a permanent policy tool while keeping capital-account management out of the purview of regional and bilateral trade and investment agreements but providing multilateral coordination and oversight, including of capital outflows from developed countries.
A network of leading central banks to aggressively promote climate financing by moving away from a narrow focus on price stability and inflation targeting and to backstop support for green finance in dedicated public banks and through more general guidance mechanisms, such as quantitative easing;. Toggle navigation. Home Public Information All News. Page Content.
Bold action required to finance a global green new deal and meet the SDGs. It would help bring about a more equal distribution of income and reverse decades of environmental degradation. Related link: Trade and Development Report Series. Can we really have our cake and eat it in a world already under severe environmental stress?
Eco Worriers: Global Green Behaviour and Market Impact
Figure 1: a Breaking the social contract. The Partnership aims to support developing countries to identify green growth opportunities and investments that promote inclusive, shared prosperity, and equitable growth that creates employment and raises the incomes of the poorest. It meets every two years, where it elects members to the Council, appoints the Director-General, and reviews progress made towards the Institute's objectives. Additionally, the Assembly advises on the overall direction of the Institute's work.
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The Assembly elects one President and two Vice-Presidents for two-year terms to serve on its bureau. The current leadership of the Assembly is as follows:. The Council is the executive organ of Institute and, under the guidance of the Assembly, is responsible for directing the activities of GGGI. Some of its duties include: nominating new Directors-General, approving the annual work program and budget, approving audited financial statements and approving the admission of new members to the Advisory Committee. Additionally, the Council elects one Chair and two Vice-Chairs to form its bureau.
The current leadership of the Council is as follows:. The Secretariat is the chief operational organ of the Institute. The Secretariat is led by a Director-General whose duties include: providing strategic leadership, preparing operational and financial documents, report on the implementation of the Institute's activities, implementing of the decisions of the Assembly and Council and representing the GGGI externally.
The Secretariat is based in Seoul, Republic of Korea and has operations in 24 other countries. The current Director-General is Dr.
Frank Rijsberman. The Advisory Committee is an advisory organ of the Institute. It serves as a forum allowing for public-private cooperation on green growth, while also advising the Council on the strategy and activities of the GGGI. It is composed of the experts non-state actors. There is no limit on the membership of the Advisory Committee.
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- Global Green Growth Forum (3GF).
- Global Green Initiative.
- Governance & Transparency.
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