Options to reach carbon neutrality by 2050, avoiding future pandemics, and strategic spending of pandemic recovery packages featured prominently in a week that emphasized, "Partnership is the new leadership."
Green Future Week in 2021 focused on 10 different components of a green future for all: carbon neutrality, the Green New Deal, civil society, oceans, biodiversity, business, green technology, forests, green finance, and future generations. The week of events aimed to raise public awareness on carbon neutrality and spark action to ‘build back better and greener’ in the post-COVID world. The areas of focus reflected the Republic of Korea’s policy interests in the ongoing global dialogue on the green recovery.
Green Future Week took place from 24-29 May 2021, in the lead up to the second P4G Summit in Seoul, Republic of Korea. P4G, or Partnering for Green Growth and the Global Goals 2030, is a global initiative launched by the Republic of Korea in 2017 to boost action on climate change and implementation of the 2030 Agenda and its 17 Sustainable Development Goals (SDGs). Since its launch, P4G has channeled investments of more than USD 292 million into public-private and multi-stakeholder partnerships for an inclusive and sustainable future. The platform plays a bridging role in highlighting common interests among developed and developing countries. The week was organized and hosted by the Government of the Republic of Korea.
Twelve ‘middle power’ countries are part of the P4G organizing network, namely: Bangladesh, Chile, Colombia, Denmark, Ethiopia, Indonesia, Kenya, the Republic of Korea, Mexico, the Netherlands, South Africa, and Viet Nam. Its five organizational partners are the World Resources Institute (WRI), the World Economic Forum (WEF), the World Bank Group’s International Finance Corporation (IFC), the Global Green Growth Institute (GGGI), and C40 Cities. Knowledge and investment partners include the International Water Association (IWA), the NDC Partnership, the Food and Land Use Coalition, the Sustainable Development Investment Partnership, the Blended Finance Taskforce, and the Platform for Accelerating the Circular Economy (PACE).
IISD, through its Earth Negotiations Bulletin (ENB) Meeting Coverage, provided daily digital updates and a summary report of the Green Future Week. Funding for ENB coverage of the Green Future Week was provided by the 2021 P4G Seoul Summit.
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