BAKU, Azerbaijan, August 1. The Global Green
Growth Institute (GGGI) sees strong potential for green economy
development in Turkmenistan.
The assessment was made in an exclusive response to Trend's question about
Turkmenistan's long-term green economy prospects and the areas
offering the greatest potential for sustainable development.
"Turkmenistan has strong opportunities to advance its green
economy by building on its national commitment to sustainable
development and climate action," the organization said.
According to GGGI, several sectors stand out as particularly
promising for the country's green transition.
"Areas such as the sustainable management of the Caspian Sea,
climate resilience, renewable energy, methane mitigation, and
sustainable finance offer significant potential," the organization
noted.
The institute believes nature-based approaches could play an
important role in supporting both environmental protection and
economic development.
"In particular, nature-based solutions and resilient coastal
development can help address environmental challenges while
supporting sustainable economic growth and enhancing local
livelihoods," the organization said.
GGGI also emphasized the importance of maintaining international
cooperation to sustain long-term progress.
"Continued collaboration with international partners can further
strengthen these national efforts over the long term," 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.
