Sweden pledges extra $19m in Loss and Damage Fund
Sweden pledges additional $19 million to the Loss and Damage Fund at the 29th United ...
Togo wants to be a member of the Global Green Growth Institute. The draft bill relating to it was examined on 28 October in the Council of Ministers. This step reaffirms the will of this West African country to move towards an economy that is both prosperous and low carbon.
Togo’s future development programme will focus more on ecology. For the West African country is preparing to join the Global Green Growth Institute (GGGI). The draft bill relating to this has been studied by the government, meeting in the Council of Ministers on October 28th, 2020 in Lomé. In the long term, this membership will enable Togo to strengthen its anchorage in a green economy, whose current National Development Plan (PND), which aims at 7.6% growth by 2022, is already focused on a sustainable and climate-resilient economy.
Created on February 16th, 2010 in Rio de Janeiro, GGGI is an international organization that promotes green growth, a growth paradigm characterized by a balance between economic growth and the environment. It implements programmes in 27 partner countries, providing technical support, capacity building, planning and implementation of green and bankable policies and investment projects.
At present, Rwanda is the only African country that is a member of the GGGI. It is on this basis that in September 2019 the organization assisted Rwanda in drawing up a programme for the development of ecological secondary cities, the aim being to cope with the population growth of the East African country.
It is therefore as the second African country that Togo will join the GGGI, if it is not overtaken by one or more other countries on the continent. A hypothesis supported by the memorandum of understanding that the organization signed with the African Development Bank (ADB) in 2018. In the said protocol, the two structures commit themselves to promote programmes, projects and activities in the area of green growth in African countries.
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