Jakarta. The Norwegian government and the Global Green Growth Institute (GGGI) have signed an agreement to help Indonesia achieve socially inclusive and environmentally sustainable development, the organization said in a press release earlier this week.
As part of the agreement, Norway will contribute $19 million to the Green Growth Program, which has been driven by GGGI and Indonesia's National Development Planning (Bappenas) Ministry since 2013, the statement said. Both Norway and Indonesia are a member countries of GGGI, which is an international organization headquartered in Seoul.
"This new agreement is a testament to the Indonesia Green Growth results that have been achieved in Indonesia, and is a strong reaffirmation of Norway's commitment to partnering with GGGI and Indonesian stakeholders to secure an inclusive and sustainable future for all in Indonesia," Yvo de Boer, the GGGI's director-general, said in the statement, which was released on Monday.
"Building on the results of Phase I of the Green Growth Program, the agreement will fund phase II efforts to foster sustainable green investment conditions in Indonesia's renewable energy sector, special economic zones and forestry and other land-use sectors."
The agreement will further enable ministries as well as provincial and district-level governments to continue to demonstrate strong ownership in the development and implementation of green growth strategies that achieve identified targets.
The Norwegian ambassador to Indonesia, Stig Traavik, said his government was "encouraged by the leadership shown by the [Indonesian] government in choosing green growth to achieve economic growth and to solve environment and climate challenges faced by Indonesian people."