The Korea Green Growth Trust Fund (KGGTF) , a partnership between the World Bank and the Republic of Korea, is crucial to the World Bank’s vision of creating "a World Free of Poverty on a Livable Planet." Since its inception in 2012, KGGTF has been a technology-driven and implementation-focused trust fund, supporting partner countries in developing innovative and sustainable solutions, strategies, and investments geared towards Green, Resilient, and Inclusive Development (GRID). The KGGTF portfolio has supported 217 green growth programs and activities worldwide, amounting to approximately $120 million and linked to over $24 billion in World Bank Group lending and external co-financing.
Korea Green Innovation Days (KGID) is the World Bank’s annual flagship green growth knowledge sharing event. Leading experts in climate change and economic development, together with client country delegations and green growth practitioners come together to share innovative approaches to sustainable development.
KGGTF actively facilitates the sharing of green growth knowledge and best practices to expand the investments in supporting green innovations and climate change actions. When green growth knowledge and technologies in one country is shared globally, they can bring the benefits of sustainable development to many others
An important mission of the Korea Green Growth Trust Fund is to share a growing knowledge and strategies of green growth at the World Bank and in client countries. KGID events and webinars are a great way to reach out to everyone and communicate experience and lessons learned from green growth experts and practitioners.
KGGTF hosts a 6-month Youth Internship program that aims to inspire youth engagement in the fields of green growth, climate change, and carbon neutrality and to empower participants to become future leaders.
KGGTF is building strong partnerships with the World Bank Global Practice Groups, Korean partners, and green growth organizations around the world. KGGTF fosters collaborations and cross-learning about climate smart and green technologies, policies, and methods that may support client countries’ sustainable development plans and green growth strategies.