KU and GGGI sign an MoU on green growth

establishing partnership on various areas

▲ Frank Rijsberman (left), Frank Rijsberman, Director-General of GGGI and Jaeho Yeom (right), KU President, after signing the MoU

Korea University and the Global Green Growth Institute (GGGI) signed a Memorandum of Understanding on pursuing joint research, enhancing people-to-people ties, and fostering future green growth leaders on October 31 at 11 am in KU’s Main Hall.

The MoU was signed by Jaeho Yeom, President of Korea University and Frank Rijsberman, Director-General of GGGI.

GGGI is an institution dedicated to creating a model of green growth founded on the principles of social inclusivity and environmental sustainability. Green growth is an initiative that promotes inclusive and sustainable economic growth, poverty reduction, social development, as well as environmental sustainability in areas of climate, food, marine resources, and energy security. Korea University is an institution that houses many research centers pursuing excellence in undergraduate and graduate education.

The MoU is expected to facilitate collaboration between KU and GGGI for green growth research on 1) renewable energy, 2) environmental science and engineering, 3) green energy policy and economic application, governance, 4) the political economy of climate change policy, and 5) the international regime on the implementation of climate change policy. The MoU will also support the sharing of green growth knowledge and best practices between the two, while helping accelerate the global momentum for green growth, thereby helping KU and GGGI achieve common goals and implement individual activities.

Based on the MoU, KU and GGGI will expand and strengthen reciprocal cooperation in order to contribute to the development of a green growth agenda by engaging in joint research, exchange and visiting programs of experts, internships, and knowledge sharing and dissemination. They will also work together to build the foundation for green growth knowledge, better policy making, business and financing model development, best practice sharing, and training and consulting programs.

KU and GGGI will collaborate in the areas of joint research, publication, and graduate students’ research projects and theses in order to lay a theoretical foundation for green growth and develop practical solutions for the issues facing countries where GGGI operates. In addition, they will promote exchange and visiting programs of their members through joint research, lecturing, training courses, and capacity building programs.

Established in Seoul in 2010, GGGI is an international institution dedicated to the transition of developing countries into new models of green growth for sustainable environment and economy. In particular, GGGI has played a pivotal role in building robust economies in developing countries based on their effective and sustainable consumption of natural resources and promoting their resilience to climate change. It has supported the development and dissemination of green growth as a new model of growth in order to further poverty eradication, job creation, social development, environmental sustainability, and energy security. These endeavors have contributed to amplify the advocacy of green growth policy, sharing best practices, building capacities, and promoting international cooperation at the national and regional level.