Prime Minister Pham Minh Chinh receives General Director of the Global Green Growth Institute

Prime Minister Pham Minh Chinh receives Director General of the Global Green Growth Institute (GGGI) Sang-Hyup Kim. Photo: Duong Giang/VNA

The Prime Minister highly appreciated the GGGI Director General's attendance at the P4G Summit, the company's support and contributions to green efforts, ensuring the global and P4G sustainable development goals. The Prime Minister said that Vietnam has achieved many positive results and will continue to promote the energy transition, green growth, and sustainable development, considering these as important driving forces for national development in the new era.

The Prime Minister thanked GGGI for its specific contributions and active cooperation with Vietnamese ministries, sectors and localities, especially in mobilizing finance for green projects in Vietnam. He suggested that GGGI continue to have more close, practical, specific and effective cooperation initiatives with Vietnam; especially in policy consultation, legal system development, support for mobilizing green capital, research and technology transfer, human resource training, building a green ecosystem with a green society, green people, green activities... to promote green, comprehensive, sustainable and inclusive growth, directly contributing to socio-economic development in Vietnam.

Prime Minister Pham Minh Chinh receives Director General of the Global Green Growth Institute (GGGI) Sang-Hyup Kim. Photo: Duong Giang/VNA

The Prime Minister also asked GGGI to finance both the public sector and public-private partnerships, promote connections with credit institutions and financial institutions to provide capital for green growth in Vietnam; and provide advice on the construction and implementation of green projects on conditions, standards and implementation methods to quickly disburse and effectively use the capital of 1 billion USD.

GGGI General Director Sang-Hyup Kim highly appreciated Vietnam as a founding member and one of the strongest members of GGGI; emphasizing that Vietnam can absolutely become a key, core member and GGGI wishes to have an increasingly stronger partnership with Vietnam.

Stating that GGGI has supported the mobilization of more than 300 million USD for green investment in Vietnam and is aiming for 1 billion USD by 2028, Mr. Sang-Hyup Kim said that there is still a lot of room for cooperation between the two sides, especially connecting financial institutions to mobilize green finance, issuing green bonds, supporting startups, building an innovation center to support the green transition process in Vietnam, cooperating with the National Innovation Center (NIC)...

Thanking the Prime Minister for agreeing on the direction of signing the agreement between the Vietnamese Government and GGGI, Mr. Sang-Hyup Kim said that Vietnam has strategic thinking, strong leadership with specific actions in transformation, green growth as well as digital transformation, and artificial intelligence development.

Mr. Sang-Hyup Kim believes that Vietnam will achieve its set goals in these increasingly important areas; commits to continue taking substantive actions with Vietnam in the green transformation and development process; at the same time, promote stronger and closer cooperation between Vietnam and Korea in the fields of green transformation, information technology, agriculture, energy, etc.

GGGI was originally a research institute in Korea. Since 2012, it has become an international organization through a multilateral agreement at the United Nations Summit on Sustainable Development (Rio+20) in Brazil. Vietnam signed the document ratifying the agreement to establish GGGI at the end of 2012.

VNA

Source: https://daibieunhandan.vn/thu-tuong-pham-minh-chinh-tiep-tong-giam-doc-vien-tang-truong-xanh-toan-cau-post410531.html