Economy

Zambia signs host country agreement with Global Green Growth Institute to boost climate action

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Zambia has signed a Host Country Agreement with the Global Green Growth Institute (GGGI), formalising the organisation’s legal status in the country and paving the way for expanded cooperation on climate action and green growth.

The agreement was signed on Thursday during the GGGI Spring Annual Meeting in Seoul, Republic of Korea.

Zambia was represented by Ambassador Andrew Banda, accompanied by First Secretary Anastasia Muuka, while GGGI was represented by Executive Director Sanghyup Kim, according to a statement issued by Principal Public Relations Officer Harriet Malambo Chimuka.

The Host Country Agreement reaffirms both parties’ commitment to advancing climate action and inclusive green growth in Zambia. It strengthens the institutional framework for cooperation and supports government efforts to implement its climate and green growth priorities, including its Nationally Determined Contributions.

“This agreement is not only a commitment but a call to action. Its success will depend on effective implementation and strong collaboration among all stakeholders. Zambia stands ready to work closely with GGGI to ensure tangible results that improve the lives of our people,” Banda said.

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GGGI Executive Director, Sanghyup Kim, said the institute recognized that advancing Zambia’s climate priorities was essential to building an inclusive and sustainable economy.

Kim said the partnership presents an opportunity to accelerate green growth, deliver country-led solutions, and support Zambia’s transition to a low-carbon development pathway.

Zambia became a GGGI member state in July 2023. Since 2022, the institute has worked with government institutions across multiple ministries and agencies.

Joint initiatives to date include the National Green Growth Index, the National Green Growth Strategy, and work on carbon markets under Article 6 of the Paris Agreement.

The two sides have also collaborated on establishing an integrated Monitoring, Reporting and Verification system, capacity building programmes, and the creation of a Climate Finance Unit.

The Host Country Agreement is expected to strengthen joint planning and implementation of green growth initiatives while enhancing Zambia’s ability to mobilise climate and green finance.

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