BAKU, Azerbaijan, July 30. Cooperation between
Turkmenistan and the Global Green Growth Institute (GGGI) is
progressing in a constructive direction.
The commentary was made in an exclusive response to Trend's question about the
current state of cooperation with Turkmenistan in promoting green
growth and sustainable development.
"Cooperation between GGGI and Turkmenistan is progressing well
in a constructive direction. Since Turkmenistan became a GGGI
member state in 2022, both sides have maintained an encouraging
dialogue on green growth, climate action, and sustainable
development," the organization said.
According to the GGGI, recent engagements have helped identify
several priority areas for future cooperation.
"Our recent engagements, including high-level discussions and
introductory dialogues with key national counterparts such as the
Institute of the Caspian Sea, have helped identify several areas of
mutual interest, including sustainable finance, project
preparation, and sustainable management of the Caspian Sea," the
organization noted.
The GGGI believes the Host Country Agreement will provide the
institutional basis for expanding bilateral cooperation.
"We view the finalization of the Host Country Agreement (HCA) as
an essential institutional foundation that will pave the way for
expanding practical cooperation and rolling out concrete project
implementation once formally concluded," the organization
added.
Headquartered in Seoul, the Global Green Growth Institute (GGGI)
is a treaty-based intergovernmental organization established at the
UN Rio+20 Conference in 2012 following an initiative of the
Republic of Korea to support developing and emerging economies in
pursuing green growth and climate-resilient development. The
institute currently works with more than 50 member states and
partner governments, providing policy advice, technical assistance
and project preparation across areas including climate action,
sustainable finance, renewable energy, resilient infrastructure and
natural resource management.
GGGI's 2025-2026 country program for Turkmenistan focuses on
supporting the country's climate commitments, including methane
emissions reduction, renewable energy expansion, energy efficiency
and green economic diversification. The institute also plans to
help mobilize climate finance and strengthen institutional capacity
to implement sustainable development projects. Earlier this year,
representatives of Turkmenistan and GGGI held meetings in Seoul to
discuss expanding cooperation, while the sides continue work toward
concluding the Host Country Agreement, which is expected to
facilitate the institute's long-term presence and operations in the
country.