PHL a Founding Member of the Global Green Growth Institute

The Philippines, represented by Socioeconomic Planning Secretary Arsenio M. Balisacan, signed the Agreement on the Establishment of the Global Green Growth Institute (GGGI) during the United Nations Conference on Sustainable Development in Rio de Janeiro, Brazil.

The Agreement lays down the legal framework for the transformation of the GGGI into an international organization dedicated to the promotion of a paradigm shift in economic development that simultaneously targets both economic performance and environmental sustainability. The ultimate objective is sustainable economies that address poverty reduction, job creation and social inclusion in an environmentally sustainable manner.

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