This project is aligned with IO2. Increased green growth investment flows which enable partner governments to implement green growth policies, IO3. Improved multi-directional knowledge sharing and learning to empower local and external agents necessary to drive green growth processes in partner governments.
The project will focus on the production of up to 20 bankable grant proposals per year (project concepts, offering two stages – entry point level that is easy to join, and follow up level that is longer term) for innovative green economy and green growth projects to be jointly implemented through the WGEO-GGGI networks at the national level, with each project starting with the requested budget of USD 300,000 (Three hundred thousand USD).
This portfolio of proposals will then be systematically promoted by the WGEO, through ongoing resource mobilization campaigns, organization of regular pledging conferences, introduction of innovative approaches to resource mobilization such as wealthy individuals clubs, green economy innovation labs, etc., with a view of mobilizing resources from its external partners, including IFIs, technical cooperation agencies of the participating countries, ESG-compliant corporate entities, other bilateral and multilateral donors, to be contributed through the WGEO trust funds towards the implementation of these grant-supported projects.