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SMART DEVELOPMENT FOR A LIVABLE PLANET KOREA GREEN GROWTH TRUST FUND
ABBREVIATIONS
ADB Asian Development Bank
AFR Africa
AI Artificial Intelligence
AMP Agricultural Management Practice
APR Annual Progress Report
ASA Advisory Services and Analytics
ATP Amgalan Thermal Plant
BESS Battery Energy Storage Systems
BRT Bus Rapid Transit
CCB Climate Co-Benefits
CCDR Country Climate and Development Report
CDT Centro de Desarrollo Tecnológico (Technological Development Center)
CEMP Continuous Emissions Monitoring Program
CPF Country Partnership Framework
CPS Country Partnership Strategy
CRGE Climate-Resilient Green Economy
CSA Climate Smart Agriculture
DAT Disruptive Agricultural Technology
DoE Department of Environment (Bangladesh)
DT Digital Technology
EAP East Asia and Pacific
ECA Europe and Central Asia
ECDCF Economic Development Co-operation Fund
EIP Eco-Industrial Park
EMS Energy Management System
EPIS Korea Agency of Education, Promotion and Information Service in Food, Agriculture, Forestry and Fisheries
EPI Environmental Performance Index
ESP Energy Storage Partnership
ESS Energy Storage System
EU European Union
EV Electric Vehicle
EWS Early Warning System
FACT Foundation of Agriculture Technology Commercialization and Transfer
FAO Food and Agriculture Organization
FIRA Fideicomisos Instituidos en Relación con la Agricultura
GDP Gross Domestic Product
GIS
Geographic Information System
GIZ German Society for International Cooperation
GKEDC Global Knowledge Exchange and Development Center
GG Green Growth
GGKP Green Growth Knowledge Platform
GHG Greenhouse Gas
GP Global Practice
GRID Green, Resilient, and Inclusive Development
IBRO International Bank for Reconstruction and Development
ICSD Interstate Commission on Sustainable Development
ICT Information and Communication Technology
IDA International Development Association
IDB Inter-American Development Bank
IEC International Electrotechnical Commission
IFC International Finance Corporation
ILIGS-GER Integration of Land Information and Geospatial Systems for Green Economic Recovery
IMF International Monetary Fund
ISO International Organization for Standardization
ITS Intelligent Transport Systems
ITU-T International Telecommunication Union –Telecommunication Standardization Sector
JICA Japan International Cooperation Agency
KAIST Korea Advanced Institute of Science and Technology
KE Knowledge Exchange
KECO Korea Environment Corporation
KEITI Korea Environmental Industry and Technology Institute
KGID Korea Green Innovation Days
KGGTF Korea Green Growth Trust Fund
KMA Kolkata Metropolitan Area
KOTI Korea Transport Institute
KPI Key Performance Indicator
KPOK Korea Program for Operational Knowledge
KPX Korea Power Exchange
KWPF Korea-World Bank Partnership Facility
LAC Latin America and the Caribbean
LCR Latin America and the Caribbean
LUTP Leaders in Urban Transport Planning
LVBC Lake Victoria Basin Commission
MaaS Mobility-as-a-Service
MAFRA Ministry of Agriculture, Food and Rural Affairs (Korea)
MDB Multilateral Development Bank
M&E Monitoring and Evaluation
MBR Membrane Bioreactor
MIF Micronesian Island Forum
MNA Middle East and North Africa
MOEF Ministry of Economy and Finance (Korea)
MOIC Minister of International Cooperation
MSMEs Micro, Small, and Medium-sized Enterprises
MWP Municipal Water Plans
NAQMP National Air Quality Management Plan
NARIGP National Agricultural and Rural Inclusive Growth Project
NBS Nature-Based Solutions
NDC National Data Center / Nationally Determined Contributions
NGO Non-Governmental Organization
NIGT National Institute of Green Technology
NMT Non-Motorized Transport
NSDI National Spatial Data Infrastructure
ODA Official Development Assistance
ODTS On-Demand Transit Service
OECD Organization for Economic Cooperation and Development
OLC Open Learning Campus
OPEX Operational Expenditure
PASA Programmatic Advisory Services and Analytics
PIC Caracol Industrial Park / Pacific Island Countries
PM2.5 Particulate Matter (less than 2.5 micrometers)
PNG National Geospatial Plan
PPA Pacific Power Association / Power Purchase Agreement
PROCASEF Projet Cadastre et Sécurisation Foncière (Senegal)
PSJET Private Sector Jobs and Economic Transformation Project
R&D Research and Development
RDA Rural Development Administration (Korea)
RECP Resource Efficient and Cleaner Production
RISE Resilience, Inclusion, Sustainability, and Efficiency
RoK Republic of Korea
SAR South Asia Region
SCD Systematic Country Diagnostic
SD Sustainable Development
SDI Spatial Data Infrastructure
SECO State Secretariat for Economic Affairs (Switzerland)
SME Small and Medium Enterprise
SONAPI Société Nationale des Parcs Industriels (Haiti)
SSATP Africa Transport Policy Program
STEP Smart Technology and Energy Efficient Production
TF Trust Fund
TOPIS Transport Operation and Information Service (Seoul)
TTL Task Team Leader
UN United Nations
UNESCO United Nations Educational, Scientific and Cultural Organization
URL Urban Resilience and Land (World Bank Global Practice)
UTM Unmanned Traffic Management
UVI Urban Vulnerability Index
WB World Bank
WASH Water, Sanitation and Hygiene
WBG World Bank Group
WFP World Food Programme
WRI World Resources Institute
WRCRI Water Resources and Climate Resilience Institute
WSSC Water Supply and Sanitation
WTR Water Global Practice (World Bank)
KOREA GREEN GROWTH TRUST FUND (KGGTF) 01
The impact of the KGGTF continues to expand. Since its inception, grant-funded programs have influenced $31 billion in World Bank lending and co-financing.
In this year alone, the KGGTF funded 20 new grant activities totaling $10.5 million across 23 countries, further strengthening its portfolio to approximately $128 million invested in 236 program activities. These achievements highlight the fund’s unwavering commitment to fostering global green growth innovation and supporting countries in their sustainable development goals.
With growing international momentum toward climate action and sustainable development, the role of the KGGTF has never been more crucial.
By continuing to bridge Korean expertise, technologies, and best practices with global development challenges, the KGGTF remains a key driver in shaping a greener, more resilient, and more prosperous future for all.
The Republic of Korea’s Transformation: A Model for Economic Growth
The Republic of Korea’s journey from a World Bank aid recipient to a key donor and global leader is a powerful example of economic transformation. Once one of the poorest countries in the world, Korea is now an innovation powerhouse, driving technology, sustainable growth, and global partnerships
A pioneer in green growth, Korea integrated sustainability into its national strategy in 2008, accelerating its shift to a low-carbon, resourceefficient economy. Today, it leads in green finance, cutting-edge technologies, and climate commitments, proving that economic progress and environmental responsibility can go hand in hand.
Korea’s leadership extends globally, sharing policy expertise and governance models that balance growth with sustainability. The Korea Green Growth Trust Fund (KGGTF) plays a key role in this effort, aligning with the World Bank’s mission to end poverty and promote shared prosperity on a livable planet. By providing financial support, technical expertise, and Korean insights, KGGTF helps countries build climate-resilient, sustainable economies
As Korea continues its commitment to inclusive and green development, it stands as a model for nations striving for sustainable and equitable growth
2024 ANNUAL LETTERS
Korea’s Ministry of Economy and Finance
We are proud to reflect on another year of progress and collaboration between the Republic of Korea and the World Bank through the Korea Green Growth Trust Fund (KGGTF). Together, we continue to make meaningful strides toward a greener, more sustainable world, demonstrating that partnerships drive lasting impact.
Over the past year, KGGTF has strengthened its role as a leader in green growth initiatives, connecting Korean innovation with countries seeking sustainable solutions. From renewable energy to climate-resilient infrastructure, KGGTF has demonstrated the power of collaboration, turning ideas into successful, real-world projects that address pressing environmental and economic challenges.
Phase Four has marked a period of significant expansion. With Korea’s increased contribution and the growth of the KGGTF team, the program’s capacity has deepened, enabling stronger support for World Bank projects and enhanced knowledge-sharing efforts. This reinforced role positions KGGTF to accelerate green growth initiatives and further deepen collaboration between Korea and the global community.
We are particularly pleased to see the continued growth of the KGGTF Youth Internship Program, which has been providing emerging leaders with valuable experience in global development and sustainability since its inception. As the program expands, it is cultivating a new generation of professionals committed to advancing green growth in Korea and worldwide.
The Government of Korea remains steadfast in its commitment to this partnership, reinforcing both financial and technical support to help countries achieve their sustainable development goals. We firmly believe that innovation, cooperation, and knowledge-sharing are essential to building a resilient and prosperous future for all.
The KGGTF’s global influence continues to grow, showcasing cutting-edge technologies such as drones in agriculture, and pioneering sustainable water management and waste treatment solutions. Korea is committed to bridging its expertise with nations tackling climate and development challenges, ensuring that knowledge, technology, and resources are effectively leveraged to drive sustainable impact.
Looking ahead, we will continue fostering global cooperation in green growth. Climate resilience is one of the most urgent challenges of our time, and integrating economic development with environmental stewardship is key to unlocking sustainable prosperity. Korea’s own green transformation serves as proof that sustainable growth and long-term stability are not only possible but essential.
We are grateful for our continued partnership with the World Bank and our global collaborators. Together, we will advance solutions that create a more livable planet for generations to come.
Junghyun Park Director of Development Finance Division Ministry of Economy and Finance, Republic of Korea
In 2024, the Korea Green Growth Trust Fund (KGGTF) helped World Bank client countries adopt technologies, strategies, and financing to meet their development goals. Through targeted grants, partnerships, and knowledge-sharing, KGGTF supported innovative solutions, mobilized funding, and strengthened capacity for sustainable growth. The highlights below showcase KGGTF’s global impact in 2024.
GRANTS LINKED TO
21 7 14 $4.96B
$2.6B $2.6B
3,299
139
PARTNERSHIPS WITH EXTERNAL ORGANIZATIONS WERE LEVERAGED IN 2024
KOREAN ORGANIZATIONS PARTICIPATED IN KNOWLEDGE EXCHANGE PROGRAM GRANTS LINKED TO GRANTS LINKED TO IN CO-FINANCING IN 2024 IN WORLD BANK LENDING IN 2024
137
580
COUNTRY LEADERS AND WBG STAFF TOOK PART IN KNOWLEDGE EXCHANGE PROGRAMS
IN COMMERCIAL FINANCING IN 2024
COUNTRY LEADERS PARTICIPATED IN CAPACITY BUILDING PROGRAMS KNOWLEDGE RESOURCES WERE CREATED
16
GRANTS SHAPED WORLD BANK STRATEGIES
36
44
33
KGGTF OUTPUTS INFORMED WORLD BANK STRATEGIES, COUNTRY ENGAGEMENTS, AND PROJECT DEVELOPMENT IN CLIENT COUNTRIES.
YEAR IN REVIEW 02
2024 YEAR IN REVIEW
2024 has been a remarkable year for KGGTF, marked by impactful engagements, strategic partnerships, and knowledge-sharing events aimed at building partnerships and driving sustainable and economic development. From high-level dialogues with World Bank leadership to hands-on knowledge exchanges across multiple sectors and regions, KGGTF has strengthened its role as a catalyst for green growth solutions. Below are some key highlights from the year:
JAN 24
Fireside Chat with World Bank President
KGGTF Interns engaged with Ajay Banga at Seoul National University during his first visit to Korea, where he praised Korea’s transformation from aid recipient to donor nation.
Hosted in Washington, D.C., focusing on sustainable transitions. January March
MAR 14
Global Engagement & Empowerment Forum on Sustainable Development
KGGTF led “SDGs Reboot: Insights from Global Green Growth Projects” at Yonsei University, where World Bank panelists shared key project achievements.
FEB 17–24
Just-in-Time Support for Egypt
KGGTF supported the World Bank Transport Team’s collaboration with Egypt’s Ministry of Transport and KNUT (Korea National University of Transport), featuring an invitational training program at KNUT in Chungju.
FEB 28
World Bank & KDI Green Growth Seminar
MAR 20–28
WBG-MOEF Knowledge Sharing Workshops
Held in Mongolia and Singapore, these workshops provided MOEF officials with insights into WBG operations and best practices in sustainable development across Planet, Infrastructure, and Digital Transformation World Bank Practice Groups.
APR 14–20
World Bank Spring Meetings
APR 22–26
Knowledge Exchange: Circular Economy with Korea
Exchange of circular economy experiences with Korea and the Philippines.
APR 22–30
Knowledge Exchange: Ulaanbaatar Flood Protection and Sewer Rehabilitation Project
APR 22–30
Knowledge Exchange: Unlocking Urban Mobility in East Africa
APR 23–25
Knowledge Exchange: Treated Water
Use in Mongolia
Explored the use of treated water from melting ice for heating in the “ger” district of eastern Ulaanbaatar.
MAY 21
Inaugural Youth Internship Program closing ceremony
MAY 26–JUN 1
Knowledge Exchange: ClimateResilient Data Infrastructure Focused on green, secure, and climate-resilient data infrastructure.
Bangladesh Green Growth Framework
Stakeholders launched a KGGTF-funded roadmap for implementing green growth strategies.
World Bank Vice Presidential Unit Award Detox Development: Repurposing Environmentally Harmful Subsidies recognized for advancing core World Bank values.
Korea’s Ministry of Economy and Finance (MOEF) Approves 20 Grant Proposals for 2024 Funding Cycle
SEPT 8
KGGTF Launched LinkedIn Page
SEPT 11
KGGTF at the International Organization Cooperation Relay Seminar
Presented KGGTF at the seminar hosted by the Rural Development Administration (RDA).
November
NOV 4–6
Korea Green Innovation Days (KGID) Jeju 2024 Focused on green growth for a livable planet, highlighting Jeju’s technical innovations. Refer to page 25.
NOV 6
World Bank-KDI Joint Seminar
NOV 7–10
KGGTF Grant Team Knowledge Exchanges Nine KGGTF grant teams from around the world participated in exchange trips throughout Jeju and Korea.
December
DEC 11–13
Knowledge Exchange: Indonesia’s Greening of the Maritime Transport Sector
DEC 20
2nd Youth Internship Program Launch KGGTF’s six-month program began, offering handson experience, expert lectures, and site visits on green growth policies.
OCT 25
Jeju E-Learning Video Series Launch
Showcasing Jeju’s carbon neutrality innovations as a model for World Bank clients. Available on the World Bank’s Open Learning Campus (OLC).
OCT 29 – NOV 1
Knowledge Exchange: Smart Farming in Dominica and Jamaica
OCT 29 – NOV 1
Knowledge Exchange: Green Energy Solutions in Mozambique and Madagascar
NOV 26
KGGTF at Project Plaza Forum
The KGGTF was featured at KOTRA’s global Project Plaza Forum, which convened global leaders to advance clean energy and green infrastructure solutions.
NOV 28
Climate Technology Cooperation Meeting
KGGTF presented its role in advancing partnerships in climate-related sectors at the meeting organized by the Ministry of Science and ICT and the National Institute for Green Technology (NIGT).
KG I D 2024 J E JU GR E EN GR O WTH FOR A LIVABLE PLANET
Korea Green Innovation Days (KGID) 2024 Jeju: Green Growth for a Livable Planet November 4–6, 2025, Shilla Hotel
KGID is the flagship event of KGGTF, bringing together global stakeholders to advance green growth solutions.
KGID 2024 brought together 453 participants from around the world, including 85 World Bank staff representing 24 teams, 127 clients from 25 client countries, and 241 Korean partners from 51 institutions. Held in Jeju Island, a global leader in sustainability, the event provided an unparalleled platform for knowledge exchange, collaboration, and the development of strategic partnerships to accelerate green growth and climate resilience.
Over three days, participants engaged in insightful discussions, collaborative sessions, and networking opportunities, exploring the latest advancements in green finance, smart technology, urban sustainability, and climate resilience. More than a conference, KGID 2024 was a catalyst for action, bringing together governments, businesses, and international organizations to forge connections and drive impactful solutions for a greener future.
In collaboration with Jeju Special Self-Governing Province
DAY 1 AGENDA
SESSION 1.
Opening Ceremony: A Global Commitment to Sustainability
The event commenced with inspiring remarks from global leaders:
Richard Damania, Chief Economist of the Planet Practice Group, World Bank, emphasized the critical role of economic policies in climate resilience.
Key presentations included:
Jong Sung Hwang, President, National Information Society Agency (NIA), explored how AI-driven innovations are shaping a sustainable and climateresilient future.
Jisung Moon, Director General, Ministry of Economy and Finance, Republic of Korea, highlighted Korea’s steadfast commitment to green growth.
OH Young-hun, Governor of Jeju Special Self-Governing Province, shared Jeju’s remarkable transformation into a global leader in green growth.
SESSION 2.
Green Growth Talks: Pathways to Green Growth
A panel of top experts discussed strategies for a green transition, including:
SPEAKER:
MODERATOR:
Jie-ae Sohn, Senior Consultant, KGGTF, World Bank
SPEAKER:
Richard Damania, Chief Economist of the Planet Practice Group, World Bank
Sang-Hyup Kim, Director-General, Global Green Growth Institute
(former Co-Chairperson, Presidential Commission on Carbon Neutrality and Green Growth)
SESSION 3.
Towards a Livable Planet: KGGTF’s Path and Promise
Hyoung Gun Wang, KGGTF, World Bank, outlined the Fund’s strategic vision and its role in fostering innovation and collaboration for a more sustainable world.
SESSION 4.
Showcasing KGGTF Impacts: Collaborative Contributions to Zero Carbon
This session highlighted real-world projects making a tangible difference and included:
Gihye Shin, K-Water Academy, discussed global capacity building in sustainable water management
Jaeyong Kim, Korea Land & Housing Corporation (LH), examined the role of urban development in tackling climate change.
Khurshid Rakhmatullaev, Uzbekistan’s National Water Utility, who presented on regional cooperation transforming water systems
Felipe Walter, Senior Urban Development Specialist, World Bank, highlighted the water challenges facing client countries and how the Bank is identifying global best practices to support effective, context-specific solutions.
SESSION 5.
Pioneering Innovations for Climate-Resilient Growth
Experts from the private sector and financial institutions explored cutting-edge climate solutions, including:
• Market-based approaches to achieving Net Zero
• Unlocking the potential of carbon markets in developing economies
• The private sector’s role in scaling up green investments
Young-Jun Cho, Executive Director, Korea Chamber of Commerce and Industry (KCCI)
Hyunjun Choi, Head of Carbon Finance, NH Investment & Securities
Seunghyun Hong, Head of Carbon Solution Department, Korea Investment & Security
Dong A Lim, Executive Officer, Green Partnership, Naver
Youngkee Kim, Vice president, DOHWA Engineering Co. Ltd
This fast-paced session featured visionary ideas and breakthrough initiatives.
A few of the topics explored include:
• Jeju’s challenge to become Asia’s first carbon-neutral society by 2035
• How digital solutions are reshaping climate resilience
• Empowering youth to drive the transition to a carbon-free future
Ae-suk Kang, Director General of Climate and Environment Bureau, Jeju Special Self-Governing Province representative on how the island is working to become the first carbonneutral society by 2035.
Mesay Hailemariam, Head of Bureau Talent School, Ministry of Innovation & Technology, Ethiopia discussed his program,Green, Secure and ClimateResilient Data Infrastructure.
Sanghyup Lee, President, National Institute of Green Technology (NIGT) discussed NIGT’s approach to technology and development.
DAY 2
SESSION 7.
New Leadership in Green Innovation (Ignite talks style)
Next-generation leaders shared their groundbreaking work, from developing CO2-free hydrogen to transforming marine waste into creative solutions.
Hanna Choi, KGGTF former Youth Intern - “Youth Leadership in Green Growth: Insights from the KGGTF Internship”
Jeong-Hwan Oh, CEO of Enclion - “Production technology for CO2-free hydrogen using bio-gas connected to renewable energy”
Jihwan Kim, Representative, Usingsea (Badaseugi) discussed her project, Fairy-tale Imagination Born in Jeju’s SeaTrash
Dongwon Min, Representative of The Bugs, Jeju University – “Introduction to Jeju’s ecological resources: insects”
Day 2 featured technical breakout sessions, enabling participants to engage in solution-driven discussions across key sectors, including energy transition, digital innovation, water security, sustainable agriculture, and climate finance. These sessions provided a deep dive into real-world challenges and solutions, and fostered knowledge-sharing and collaboration among technical experts, policymakers, and industry leaders.
Unlocking Knowledge & Partnerships with the World Bank Korea Office
Speakers explored opportunities for collaboration in digital transformation, knowledge sharing, and skill-building to advance climate action.
Energy Transition through Innovation & International Cooperation
Jeju Island was presented as a global model for carbon neutrality, showcasing its ambitious roadmap and lessons from pioneering smart grid initiatives. The session also featured a team from Mongolia, who shared the country’s energy challenges and opportunities, alongside global experts who discussed international best practices for addressing energy transitions.
Climate Resilience and Development: KGGTF-KDI Joint Session
Experts from the World Bank and Korea Development Institute (KDI) examined how nations can mainstream climate adaptation into economic planning and advance circular economy initiatives.
Ensuring a Water-Secure Future
The event included discussions on global initiatives in sustainable water management, from groundwater conservation in Jeju to climate-smart water solutions in Uzbekistan and Mongolia
Harnessing Digital Solutions for Climate Action
Technology leaders demonstrated how AI, big data, and digital finance are transforming climate resilience—from smart grids to green IT infrastructure. Teams from Ethiopia, Mozambique, and Madagascar shared key challenges and solutions from their digital development journeys, offering practical insights into the role of technology in driving inclusive, green growth.
Financing the Green Transition: Partnering with Korean Institutions
Speakers explored funding and investment opportunities with key Korean institutions, including:
International Contractors Association of Korea (ICAK)
Korea Development Institute (KDI)
Korea Environmental Industry & Technology Institute (KEITI)
National Institute of Green Technology KOREA (NIGT)
Seoul Urban Solutions Agency (SUSA)
Taehoon
Kwon, Senior Deputy Director, Ministry of Agriculture, Food and Rural Affairs of Korea (MAFRA)
Growing Smarter: Advancing Agriculture Through Digital Innovation
This session explored how agricultural policies have harnessed smart farming and digital technologies to boost resilience and innovation. It highlighted emerging trends, institutional frameworks that supported agricultural transformation, and the role of digital tools in climate-smart farming. Country teams from Mongolia, Dominica and Jamaica, Uganda, Cambodia, India, Honduras, and West Africa shared their experiences, challenges, and pathways to scale.
Transforming Cities: Urban and Transport Solutions for a Low-Carbon Future
Urban experts shared insights on sustainable city planning, highlighting Seoul’s climatesmart initiatives, Pakistan’s strategies to reduce emissions, and Ghana’s innovative approaches to urban mobility.
With a diverse and engaged group of participants, KGID 2024 showcased how innovation, collaboration, and strategic partnerships can drive the transition to a greener economy—ensuring a livable planet for generations to come.
Dong Soo Kang, Executive Director of KDI GKEDC
DAY 3 TECHNICAL SITE VISITS
The KGGTF, in partnership with the Jeju Special Self-Governing Province, organized technical site visits to showcase Jeju’s green growth practices. Participants were divided into five sector-based groups, with each group visiting two to three locations from the curated list below. These visits offered a hands-on learning experience, enabling participants to directly observe innovative approaches in water management, sustainable agriculture, renewable energy, and resource circulation. The visits also included interactive discussions and reflections, fostering deeper insights and peer learning.
AGRICULTURE 1
• NIA Jeju Global Center
• Smart Farm Incubating and Training Center
AGRICULTURE 2
• NIA Jeju Global Center
• Dawon Farm
• Jeju Groundwater Research Center (Jeju Research Institute)
• Water monitoring site
• Jeju Samdasoo Exhibition Hall
ENERGY + TRANSPORT
• Tamra Offshore Wind Power
• Aewol EV Convergence Charging Station
• EV Battery Industrialization Center (Jeju Technopark)
ENVIRONMENT AND URBAN
• Recycling Help Center
• Jeju Metropolitan Waste Resource Recovery Center
• Jeju Environmental Resource Circulation Center
BILATERAL MEETINGS: FOSTERING GREEN GROWTH PARTNERSHIPS
52
bilateral meetings spanning seven key sectors plus cross-cutting themes.
45 counterparts engaged, including 22 World Bank teams and 23 Korean partner organizations (ministries, public institutions, research institutes, and private sector players).
1,390 minutes (23.16 hours) of direct engagement. 95% of participants reported high satisfaction with the networking opportunities, and 60% identified new potential collaborations.
At the 2024 Korea Green Innovation Days (KGID), the KGGTF played a pivotal role in driving collaboration by organizing 52 bilateral meetings between 22 World Bank teams and 23 Korean partners across seven key sectors. Over three days, these targeted one-on-one discussions provided a platform for participants to exchange expertise, explore joint initiatives and identify opportunities for co-financing and technical collaboration. Held in dedicated meeting spaces, these meetings were tailored to the specific interests and priorities of each participant, fostering meaningful dialogue and engagement.
Facilitating Meaningful Dialogue and Engagement
The bilateral meetings were tailored to the specific interests and priorities of each participant, ensuring discussions were productive and goal oriented. These meetings served two key purposes:
• Building new relationships – Some meetings laid the foundation for future collaboration, fostering knowledge exchange and a deeper understanding of mutual expertise and priorities.
• Advancing project-driven discussions – Other meetings focused on specific technical collaboration, policy support, and potential co-financing mechanisms, with concrete next steps identified.
Ensuring Follow-Up & Sustainable Engagement
Sector-Specific Focus Areas
The meetings covered a diverse range of green growth priorities across seven sectors:
1. Agriculture & Food Systems – Digital agriculture, smart farming, and food security solutions.
2. Energy & Extractives – Clean energy transition, battery storage, and grid modernization.
3. Transport – Sustainable and smart mobility for urban and regional connectivity.
4. Water – Integrated water management, resilience, and innovative water solutions.
5. Urban, Land, and Resilience – Green urban planning and climate-adaptive development strategies.
6. Environment, Natural Resources & the Blue Economy – Biodiversity conservation and sustainable resource management.
7. Digital Development – Data-driven innovations, AI applications, and connectivity infrastructure.
Looking Ahead
KGGTF will continue to support these engagements, helping to translate initial discussions into concrete partnerships and projects. The bilateral meetings reinforced KGID’s role as a catalyst for green growth collaboration — strengthening networks, fostering innovation, and advancing global sustainability goals. KEY OUTCOMES
Recognizing that impactful partnerships extend beyond a single event, KGGTF actively facilitated follow-up communications between interested counterparts. The team ensured that initial discussions translated into actionable next steps, whether through additional meetings, technical exchanges, or potential funding applications.
While not every meeting led to an immediate project, KGID bilateral discussions significantly expanded networks, and strengthened long-term collaboration potential KGGTF remains committed to, fostering innovation, and advancing the global green growth agenda through strategic partnerships.
K-water: Strengthening Technical Cooperation
K-water engaged in six bilateral meetings, exploring technical assistance and capacity building opportunities, particularly in Nepal’s Integrated Water Resources Management (IWRM) initiatives. Discussions addressed Nepal’s government restructuring of water resource management and the need for master planning and capacity building. Moving forward, Nepal will assess funding options and refine collaboration details with K-water and K-water Academy.
KEXIM Bank: Exploring Financing Opportunities
KEXIM Bank held six bilateral meetings with World Bank operational teams, focusing on potential financing solutions for infrastructure, transport, energy, and urban development.
Discussion explored concessional financing and co-financing options to help World Bank grant recipients bridge financial gaps and scale project impact. Several teams expressed interest in further exploring how KEXIM’s funding mechanisms could align with ongoing and future World Bank projects.
LH and Colombia team discussing housing in Latin America
KNOWLEDGE EXCHANGES
Mongolia: Utilization of treated water from over melting ice in the “ger” district area for the heating system in eastern part of Ulaanbaatar city
APRIL 23-25
TTL: James Tay, Senior Water Supply and Sanitation Specialist
The study tour achieved its objectives of deepening knowledge on wastewater treatment, reuse technologies, and best practice management systems on industrial water recycling based on the Korean experience. It facilitated a collective understanding of circular economy principles among stakeholders to encourage shared ownership of the proposed solution; and encouraged discussion among the participants on coordination, financing and regulatory hurdles to implement the proposed solution.
Participants identified, and narrowed financing options inspired by what they saw during the study visit. Discussions with Korean counterparts and partners on policy, regulations and different market conditions that favors industrial water recycling assisted greatly in allowing participants to further progress discussions on the proposal. In November of 2024, an MOU was signed between Amgalan Heating Plant and MCS Coca Cola on the proposal to further commercial discussions and implementation.
K-Partners: Korea Environmental Corporation (KECO), Korea Ministry of Environment (MOE), Korea Environmental Industry & Technology Institute (KEITI), and K-water
Exchange of Circular Economy Experiences with Korea
APRIL 22-26
TTL: Helena Munir Freih Al-Naber, Senior Environmental Specialist, and Junu Shrestha, Senior Environmental Specialist
This knowledge exchange brought together key agencies in the Philippines at a crucial stage in the development of the country’s Extended Producer Responsibility (EPR) policy. Site visits to various Korean agencies and facilities involved in EPR operations provided valuable insights into Korea’s policy implementation experience, including experience, and the
solutions used to overcome key challenges. Discussions focused on regulatory frameworks, implementation gaps, and improvement strategies. An actionable plan is being developed, with strengthened relationships between Korean EPR experts and Philippine agencies supporting future collaboration.
K-Partners: Korea Environmental Industry & Technology Institute (KEITI), Ministry of Environment (MOE), Ministry of Trade, Industry, and Energy (MOTIE), Korea Institute of Industrial Technology (KITECH), Korea Resource Circulation Service Agency (KORA), Korea Packaging Recycling Cooperative (KPRC), Korea Plastic Industry Cooperative (KPLIC), and Dobong-gu Office
Smart Farming for Agricultural Development in Dominica and Jamaica
OCTOBER 29-NOVEMBER 1
TTL: Winston Dawes, Senior Agriculture Economist, and Ena Shin, Agriculture Economist
The Smart Farming for Agricultural Development in Dominica and Jamaica grant team visited Korea to explore advanced smart farming technologies and sustainable agricultural practices. They studied precision agriculture techniques, including AI-driven crop monitoring, automated irrigation systems, and IoT-enabled greenhouse management, gaining valuable insights into optimizing resource use and enhancing agricultural productivity.
The team also examined Korea’s integrated approach to agri-tech innovation, focusing on climate-resilient farming solutions, data-driven supply chain management, and digital extension services for smallholder farmers. They engaged with leading smart farms, agricultural research institutions such as the Rural Development Administration (RDA), and innovative agri-tech startups, observing firsthand how technology-driven, climate-smart agriculture is transforming Korea’s farming sector.
K-Partners: Korea Smart Farm Research and Development Foundation (KOSFARM)
Green Energy Solutions for Digital Connectivity and Services in Underserved Communities: Mozambique and Madagascar
NOVEMBER 4-6
TTL: Anne-Elisabeth Sarah Costafrolaz, Digital Development Specialist
To explore policy frameworks and technological innovations, the delegation met with Korea’s Ministry of Science and ICT and Ministry of Energy to discuss green energy solutions for digital connectivity. Engagements with the Electronics and Telecommunications Research Institute and Korea Advanced Institute of Science & Technology provided insights into off-grid renewable energy, digital infrastructure, and rural connectivity technologies. Additionally, visits to SK Telecom and Korea Electric Power Corporation offered valuable knowledge on smart grids, innovative energy solutions, and sustainable power distribution models applicable to underserved communities in Mozambique and Madagascar.
K-Partners: National Information Society Agency (NIA), Ministry of Trade, Industry and Energy, Electronics and Telecommunications Research Institute (ETRI), Korea Energy Economics Institute (KEEI), Korea Institute of Energy Technology Evaluation and Planning (KETEP), Korea Energy Agency (KEA), Korea Electric Power Corporation (KEPCO), and Naver
The team visited the National Information Society Agency Smart Farm Big Data Center and Smart Farm Incubating and Training Center to explore data-driven climate-resilient farming techniques and low-carbon agricultural innovations. They also engaged with the Ministry of Agriculture, Food and Rural Affairs and the Incheon Agricultural Technology Centre to study sustainable farming policies, precision agriculture technologies, and strategies for enhancing climate resilience in Uttarakhand’s agricultural sector.
K-Partners: Ministry of Agriculture, Food and Rural Affairs (MAFRA)
Mongolia Smart Agrifood Systems Technical Assistance
The Mongolia team visited the National Information Society Agency Smart Farm Big Data Center, Dawon Ranch, and a livestock manure recycling facility in Jeju to explore datadriven agrifood systems, sustainable livestock management, and circular economy approaches in agriculture. They also engaged with the Korea Institute for Animal Products Quality Evaluation (KAPE) and the Ministry of Agriculture, Food and Rural Affairs (MAFRA) in Sejong to study food quality assurance, precision livestock farming, and policy frameworks supporting Mongolia’s transition to smart and resilient agrifood systems.
K-Partners: Ministry of Agriculture, Food and Rural Affairs (MAFRA), and Korea Institute for Animal Products Quality Evaluation (KAPE)
Developing a Green, Integrated, and Smart Public Transit System in Kumasi
NOVEMBER 6-8
TTL: Haileyesus Adamtei Mengesha, Senior Transport Specialist
The team from Ghana visited the Tamra Offshore Wind Farm in Jeju to explore renewable energy integration in sustainable transit systems. They engaged with the Seoul Metropolitan Government (SMG) Transportation Operation Division, Transport Operation & Information Service (TOPIS), and Bus Rapid Transit (BRT) stations, gaining insights into smart urban mobility management and real-time transit monitoring. Additionally, the team visited Cheonggyecheon Stream to study urban revitalization through sustainable transport planning. At Seoul City Hall and Jamsil Transit Station, the team examined integrated transit networks, including the Line 9 railway system, to inform the development of a green, integrated, and smart public transit system in Kumasi.
K-Partners: Korea Transport Institute (KOTI), Korean Exim Bank, and Seoul Urban Solutions Agency (SUSA)
Catalyzing Biodiversity and Protected Lands Remediation, Restoration, and Expansion around Retired Mining Sites in South Africa
NOVEMBER 6-8
TTL: Philippe Ambrosi, Senior Environmental Economist, and Minji Sohn, Environmental Specialist
The South Africa team, composed of representatives from the Mpumalanga Department of Agriculture, Rural Development, Land and Environmental Affairs, South African National Biodiversity Institute (SANBI), and Mpumalanga Tourism & Parks Agency (MTPA), visited Jeju and toured the Recycling Help Center, Regional Waste Resource Recovery
Center, and Jeju Environmental Resource Circulation Center to explore waste management solutions in protected areas. The team also visited Seoul where they toured the Mapo Resource Recovery Facility to study circular economy approaches. The National Institute of Green Technology (NIGT) also hosted them, and they met with representatives from National Institute of Forest Science (NIFOS), Korea Federation for Environmental Movements, Dohwa Engineering, ThanksCarbon, and Professor Gayoung Yoo from Kyunghee University to gain insights into biodiversity conservation, sustainable land restoration, carbon sequestration, and innovative engineering solutions for ecosystem rehabilitation applicable to South Africa’s protected lands and post-mining landscapes.
K-Partners: National Institute of Green Technology (NIGT), National Institute of Forest Science (NIFOS), DOHWA Engineering, and Korea Federation for Environmental Movements
Development of ITS-led Tanzania Railway System Strengthening Climate-Resilient Infrastructure Based on GIS
NOVEMBER 6-8
TTL: Yonas Mchomvu, Senior Transport Specialist, and Gladness Rwejumura, Transport Specialist
The Tanzania team visited Jeju to explore renewable energy integration across transport infrastructure. They toured the Tamra Offshore Wind Farm, Aewol EV Convergence Charging Station, and EV Battery Industrialization facilities, where they gained insights into advanced energy solutions. They also engaged with leading Korean institutions— including the Korea Railroad Research Institute, Land and Geospatial Informatix Corporation, Korea Institute of Civil Engineering and Building Technology, and Korea National
Railway—to learn about ITS applications, GIS-based railway planning, and climate-resilient rail infrastructure.
This knowledge exchange provided valuable insights into smart and safe railway systems, geospatial data utilization, and sustainable engineering solutions—critical for strengthening Tanzania’s railway infrastructure.
K-Partners: Korea Railroad Research Institute (KRRI), Korea Land and Geospatial InformatiX Corporation (LX), Korea Institute of Civil Engineering and Building Technology, and Korea National Railway (KNR)
Harnessing Digital Agriculture Technologies for Smallholder Farmers in Cambodia
A delegation of 33 stakeholders representing several World Bank projects in Cambodia participated in a knowledge exchange that explored digital agriculture technologies and their potential for smallholder farmers. The exchange provided insights into Korea’s transition from traditional rural development, under the Saemaul Undong movement, to modern, technology-driven agricultural innovations.
During the trip, the team visited Yeungnam University, the Memorial Park of Saemaul Undong, and the Gyeongsan
Agricultural Processing Center to study historical rural development models and value-added agricultural processing. They also engaged with experts at the Smart Farm Innovation Valley in Sangju City, Gyeongsangbuk-do, where they explored IoT-driven greenhouse management, AI-powered crop monitoring, and precision farming techniques. The visit to Thanks Carbon highlighted climatesmart agricultural solutions that could help enhance sustainability and productivity for smallholder farmers in Cambodia.
K-Partners: National Information Society Agency (NIA) and Korea International Cooperation Agency (KOICA)
Supporting Green and Resilient Urban Development as Part of the COVID-19 Recovery in Colombia
NOVEMBER 7-8
TTL: Andre Herzog, Senior Urban Development Specialist
The Colombia grant team participated in a knowledge exchange that explored strategies for sustainable urban planning, climate-resilient infrastructure, and smart city development.
During the visit, the team engaged with experts at the LH Business Growth Center to study innovative urban development models and policies aimed at strengthening
economic resilience in cities. At LH Dongtan New Town Promotion Center, the delegation examined Korea’s approach to smart and sustainable city planning.
Key insights included the implementation of integrated public transport systems and the adoption of green building technologies. Additionally, their visit to the old town of Seongnam City provided insight into Korea’s urban regeneration strategies.
K-Partners: Korea Land & Housing Corporation (LH), Land and Housing Research Institute (LHRI), Korea Housing & Urban Guarantee Corporation (HUG), Korea Research Institute for Human Settlements (KRIHS), and Korea Real Estate Board (REB)
Policy Support to Establish an Information System for the Agri-Food Sector (SISAGRO) in Honduras
NOVEMBER 7-13
TTL: Francisco Javier Bueso Ucles, Senior Agricultural Specialist
The Honduras grant team explored data-driven agricultural monitoring, climate resilience, and digital extension services during their knowledge exchange. The delegation included staff from the Secretariat of Agriculture and Livestock, the Directorate of Agricultural Science and Technology, and the National Meteorological Center within the Permanent Commission for Contingencies.
During the visit, the team engaged with various Korean government agencies specializing in agriculture, including the Korea Rural Economic Institute (KREI), the Korea Rural Community Corporation (KRC), the Korea Institute of Science and Technology Information (KISTI), and the Korea
Meteorological Administration (KMA). Topics highlighted include soil information systems, crop disease surveillance, and pest management technologies. They also explored how real-time agricultural data and predictive analytics can enhance food security, support climate adaptation, and inform policy decision-making in Honduras.
K-Partners: National Center for Agrometeorology (NCAM), and Seoul National University (SNU)
Greening the Maritime Transport Sector in Eastern Indonesia
DECEMBER 11-13
TTL: Kulwinder Singh Rao, Lead Transport Specialist, and Ninan Oommen Biju, Senior Port Specialist
The World Bank Jakarta Office along with key Indonesian stakeholders, participated in a knowledge exchange on decarbonizing Indonesia’s maritime transport sector.
Participants visited several institutions including the Korea Maritime Institute, Busan & Ulsan Port Authorities, Korea Shipping Association, Korea Port and Harbor Association, and Hyundai Heavy Industry, where they examined sustainable port management practices including renewable energy integration, efficient cargo handling, and emissions monitoring systems. The knowledge exchange emphasized international collaboration and showcased how partnerships accelerate decarbonization through shared technologies, joint research, and policy alignment.
K-Partners: Korea Maritime Institute (KMI), Korea Ministry of Oceans and Fisheries (MOF)
KGGTF YOUTH INTERNSHIP PROGRAM— WHERE KNOWLEDGE MEETS ACTION!
KGGTF Youth Internship
The new KGGTF Youth Internship is a six-month program designed to inspire and engage young professionals in green growth, climate action, and carbon neutrality, equipping them with the skills to become future leaders in these fields.
Learn more about this program and explore intern projects.
Interns participate in a comprehensive leadership program featuring lectures from the World Bank, Korean partner institutions, and universities. They also attend site visits, complete assignments, and actively contribute to KGGTF operations. Their responsibilities include supporting knowledge exchange visits, communications, monitoring and evaluation activities, and partnership engagement.
The first KGGTF Youth Internship (December 2023-May 2024) cohort was selected through a highly competitive process aligned with the World Bank Group’s recruitment standards. The selection process was conducted in collaboration with Korea’s Ministry of Economy and Finance Career Fair and three leading universities— Yonsei University, Seoul National University, and Yeungnam University.
KEY LECTURES: Expanding Knowledge Horizons
The KGGTF Youth Internship Program features a series of expert-led lectures designed to enhance interns’ understanding of green growth, climate change, and carbon neutrality. Delivered by professionals from the World Bank, Korean partner organizations, and leading academic institutions, these sessions provide valuable insights into sustainable development practices and innovative solutions to global environmental challenges.
Site Visits: Bridging Theory and Practice
The KGGTF Youth Internship Program integrates site visits to provide interns with firsthand exposure to green growth policies and practices. These immersive experiences bridge the gap between theory and real-world implementation, equipping interns with valuable knowledge and practical skills.
The 2024 cohort visited the Korea Environment Corporation (K-eco) to gain practical insights into environmental management and resource efficiency. They also explored Seoul’s TOPIS and Urban Space Headquarters, learning about sustainable urban planning and smart mobility systems.
Intern Outputs: Contributing to Green Growth Goals
Throughout the program, KGGTF Youth Interns played an active role in advancing green growth initiatives. As interns, they engaged in an academic exercise developing reports and presentations, using KGGTF grants as case studies to analyze sustainability challenges, assess best practices, and propose innovative solutions. Their contributions reflect a strong commitment to sustainability and underscore the program’s role in cultivating the next generation of green growth leaders.
“The meticulously organized programs, comprising site visits, lectures, and team assignments, instilled in me a profound sense of inspiration regarding sustainability and the imperative of contributing to the creation of a habitable Earth.”
— Kyunghun Choi, 2024 Intern
KGGTF grant teams, clients, and Korea Office programs by focusing on knowledge sharing, capacity building, and leveraging resources such as the Open Learning Campus (OLC) and Korea Program for Operational Knowledge (KPOK). The session underlined possibilities for collaborative efforts in green skills and the utilization of emerging technologies through the Innovation Lab. The importance of partnerships and understanding the Korea Office’s Phase 4 strategy for identifying specific opportunities were also emphasized.
2. E-Learning Series: Green Growth Lessons from Jeju
KGGTF and KPOK have collaborated in various ways, including through KGGTF-funded World Bank teams working with KPOK—whether by
developing training series or participating in capacity-building workshops. This year, KGGTF and KPOK directly partnered to develop a three-part e-learning series on Jeju Island’s green growth and sustainability strategies, in collaboration with Jeju Self Provincial Government.
KPOK plays a key role in this effort by facilitating knowledge-sharing between Korea and developing nations. As a collaborative initiative between the World Bank and the Republic of Korea, KPOK provides learning resources that help countries tackle complex development challenges. All KPOK deliverables, including the Jeju e-learning series, are hosted on the Open Learning Campus (OLC)—the World Bank’s digital platform for global education and capacity-building.
Jeju Island has set an ambitious 2035 Carbon Neutrality Vision, implementing cuttingedge initiatives to enhance environmental and economic resilience. This e-learning series captures Jeju’s pioneering strategies and provides a model for World Bank client countries looking to build climate resilience. By showcasing Jeju’s success, the program promotes practical solutions that can be adapted to diverse regional contexts worldwide.
MODULE 1:
Jeju’s 2035 Carbon Neutrality Vision explores the island’s ambitious vision to achieve carbon neutrality by 2035, outlining strategies in multiple sectors including energy, transport, environment, water, and agriculture.
MODULE 2:
Energy Transition focuses on Jeju’s transition to complete energy independence through 100% renewable energy production, emphasizing the balance of supply and demand while enhancing community acceptance of offshore wind facilities and the role of green hydrogen. Promoting zero waste practices and the single-use cup deposit-refund system as part of its Plastic-Free initiative.
MODULE 3:
Waste Management and EcoTourism highlights Jeju’s hubbased waste collection system that improves financial management and maximizes profits from recyclables, while promoting zero waste practices and the single-use cup deposit-refund system as part of its Plastic-Free initiative.
3. Collaboration on Specific KGGTF Grants
As part of the ongoing collaboration between the KGGTF and the Korean World Bank office, select grant programs are jointly implemented. Current initiatives include:
Facilitation of Knowledge Sharing and Stakeholder Engagement
Sector: Energy
Geography: East Asia and Pacific
Approved Year: 2021
The East Asia and Pacific (EAP) region, responsible for 39% of global emissions, faces urgent decarbonization challenges. This program fosters knowledge exchange by leveraging Korea’s expertise in energy transition. Two key events, the WB-KEA Energy Decarbonization KE 2023 in Seoul and the WB-KEA Energy Transition Conference 2024 in Kuala Lumpur, brought together policymakers from EAP countries to share strategies on industrial efficiency, coal transition, transport decarbonization, and carbon markets. Key takeaways included the need for strong policies, financing mechanisms, and regional collaboration to scale clean energy solutions. The program continues to support capacity-building efforts for sustainable energy transitions.
E-Mobility Strategy Development for Ulaanbaatar Sector: Energy, Transport East Asia, Mongolia
Approved Year: 2021
Mongolia’s rapidly urbanizing capital, Ulaanbaatar, faces growing transport challenges, including congestion and pollution, making e-mobility a critical solution. However, the country’s reliance on coal-based electricity complicates EV adoption’s impact on emissions. This study assessed Mongolia’s readiness for e-mobility, identifying key barriers such as high EV costs and limited market supply. The resulting roadmap outlines 31 recommendations, including regulatory coordination, EV charging infrastructure planning, and incentives for adoption. A dedicated EV Program Management Office is proposed to drive implementation, alongside energy sector reforms to integrate renewables and manage grid demand. An e-mobility workshop will be held in Ulaanbaatar in March 2025 to share findings. Additional details about this program can be found on page 90.
Battery Energy Storage Assessment in
Mongolia Sector: Energy East Asia, Mongolia
Approved Year: 2021
Mongolia’s clean energy transition is hindered by grid constraints, aging infrastructure, and high transmission losses. This study assesses the potential for Battery Energy Storage Systems (BESS) to enhance grid flexibility and support greater integration of renewable energy. The program examines global best practices, including Korea’s and Australia’s market models, to develop a BESS tariff framework and business strategies. Key deliverables include a feasibility study for an 80MW/200MWh BESS project and capacity-building workshops for Mongolian policymakers. Findings will be finalized by April 2025 to guide future investment and policy decisions in Mongolia’s energy sector.
Additional details about this program can be found on page 88.
Advancing Together: Continuing Our Collaboration
The KGGTF and the World Bank Korea Office will continue to deepen their collaboration, building on shared expertise and mutual support. Future initiatives will continue to focus on expanding knowledge exchange, fostering stronger institutional partnerships, and leveraging Korean innovations in key sectors such as climate resilience, digital technologies, and renewable energy solutions.
2021 Energy Facilitation of knowledge sharing and stakeholder engagement China; Indonesia; Mongolia; Philippines; Vietnam Inchul Hwang Joonkyung Seong
2021 Energy E-Mobility strategy development for Ulaanbaatar Mongolia Inchul Hwang
Energy Battery Energy Storage Assessment in Mongolia Mongolia
Digital Development of Data-driven Multi-Hazard Early Warning Systems
2022 Environment Technical and Capacity Support towards the implementation of plastics circularity in the select ASEAN countries
2023 Energy Developing E-mobility and Energy Efficiency programs in the Pacific Island Countries
Source: World Bank CC
Global: Understanding the Security Implications of Earth Systems Stress – a Strategic Foresight Project
$380,000 This program consolidates research on environmental stresses such as water scarcity and climate change to uncover knowledge gaps. Policymakers will gain actionable strategies to address the interconnected challenges of forests, water, food security, and energy—promoting sustainable development, resilience, and environmental risk mitigation.
Bosnia: Accelerating Green Growth through Electric Mobility in Europe and Central Asia
Morocco and Tunisia: Smart, Integrated Ticketing and Data Management
Sri Lanka: Integrated Solutions for Urban Mobility and Smart City Planning
$600,000 This grant aims to accelerate Bosnia and Herzegovina’s transport decarbonization by promoting e-mobility and reducing greenhouse gas emissions and air pollution from road transport.
$600,000 This grant supports the selection of suitable technologies and institutional frameworks for integrating public transport fares and ticketing in Morocco and Tunisia.
$600,000 This grant enhances the livability of Kandy, Sri Lanka, by advancing green urban mobility and smart city planning. It focuses on improving the Kandy Multimodal Transport Terminal to make public transport more accessible, efficient, and safer.
Cambodia: Smart, Green and Inclusive Urbanization
600,000 This grant will guide Cambodia’s urban transformation by modernizing urban management, improving infrastructure services, and building capacity at national and sub-national levels. By addressing climate risks, promoting sustainable urbanization, and leveraging advanced technologies, it paves the way for a greener, more resilient future.
India and Kenya: Scaling up Green and Affordable Housing
India: Urban Nature-based Solutions in Maharashtra
Nepal and Sri Lanka: Improving Sustainability and Efficiency of Solid Waste
$350,000 This grant seeks to unlock scalable solutions for green, affordable housing in high-demand regions, addressing the urgent need for sustainable and inclusive housing worldwide.
$350,000 This program will integrate Nature-based Solutions into Maharashtra’s cities to enhance economic resilience and attract investment.
$595,000 This grant tackles solid waste management challenges by providing technical support and strengthening collaboration between Sri Lanka and Nepal. It facilitates knowledge exchange, shared tools, and Sri Lanka’s transition to low-carbon technologies and zerowaste initiatives. Additionally, it helps Colombo Municipal Council implement IT-based performance management systems for improved monitoring and reporting.
$550,000 This grant supports digital transformation in the water and sanitation sector by raising awareness of digitalization’s potential, prioritizing highimpact activities, and strengthening capacity-building efforts for World Bank clients and staff.
Uzbekistan: Smart NonRevenue Water Managment and Resilience
Mongolia: Flood Protection and Sewer Rehabilitation
$500,000 This grant aims to enhance the efficiency and climate sustainability of Uzbekistan’s national water utility, Uzsuvtaminot, by supporting its transition to climate-smart water and sewerage services. Through capacity building, training, and knowledge exchange—including a structured partnership with Korea’s K-water—the grant will help modernize operations, improve service delivery, and promote energy efficiency and private-sector-led smart water solutions, aligning with the World Bank’s GRID agenda.
$500,000 This grant supports the Municipality of Ulaanbaatar in developing and implementing projects to mitigate flood risks and improve sanitation, contributing to sustainable urban development.
Global: Scaling Water Solutions with K-Water and KEITI
2024 MONITORING AND EVALUATION ACTIVITIES
Monitoring and Evaluation (M&E) is a strong focus for KGGTF, serving as a critical tool for learning, accountability, and continuous improvement. From program design to implementation and reporting, M&E assesses the performance of the Trust Fund against its Key Performance Indicators (KPIs), ensuring that it remains results-driven, adaptive, and aligned with its mission to scale green growth solutions globally. By systematically tracking progress and impact, KGGTF strengthens the effectiveness of its grants, and draws lessons from its extensive portfolio of activities that can inform planning, design, and investment in green growth programs across the World Bank and in client countries.
Monitoring Mission to Mongolia
In March 2024, the KGGTF team visited grant teams on the ground in Mongolia to monitor the progress of several KGGTF grant programs. Internal meetings, a knowledge sharing workshop, and site visits organized by the Mongolia World Bank Country Office in Ulaanbaatar, showcased the critical role of KGGTF grants in enhancing the World Bank’s country engagements and operations in Mongolia. Feedback highlighted how KGGTF grants have been vital for development impacts and effective engagements between the Country Office teams and their clients. The positive impact and appreciation for KGGTF grants underscore their significance in Mongolia’s development efforts.
Online Grant Tracking & Reporting Platform on SharePoint
In September 2024, the KGGTF team launched the development of a customized database, dashboard, and grant reporting platform to streamline grant tracking and progress. The platform features an integrated database and dashboard that consolidate key information for every KGGTF grant, including notes and correspondence, all viewable in a centralized ‘Dashboard’ interface.
The platform includes a customized Annual Progress Review (APR) interface, which serves as the central repository for grant progress and results data. Grant outputs can be uploaded directly through the APR form and are automatically stored in corresponding SharePoint folders. Key features enhancing APR efficiency include:
• Pre-populated APR forms with previously submitted data
• Automated workflows to track APR and outputs submissions
• System notifications for upcoming deadline and pending actions
• Customized reports generation, including cross-year comparisons and multi-format downloads
The next development phase will integrate with World Bank systems to automate data feeds for critical grant data like disbursement and staff charges. This automation will:
• Significantly reduce manual workload
• Improve the accuracy of grant data
• Streamline the grant monitoring process
2024 ANNUAL PROGRESS REVIEW
The KGGTF Annual Progress Review (APR) is a core component of the Fund’s monitoring and evaluation framework, providing an evidencebased assessment of grant implementation and progress toward KGGTF’s strategic objectives. All grantees with active grants during the 2024 calendar year (January–December) were required to submit an APR, in accordance with donor requirements.
The APR enables the KGGTF Team to assess the progress of each grant against the outputs and outcomes outlined in the approved Grant Proposal and Grant Funding Request (GFR). It tracks activity implementation status, identifies current or anticipated challenges, and provides an opportunity for grant teams to request KGGTF support during implementation. It also collects quantitative data aligned with the KGGTF Key Performance Indicators (KPIs), which are used to measure the annual performance and overall impact of the grant portfolio.
For Calendar Year 2024, the KGGTF Team received and analyzed APR submissions for 68 active grant activities. The review captures key performance results across KGGTF’s four strategic Outcome Pillars and offers valuable insights to guide strategic direction for the 2025 Call for Proposals and inform ongoing grant management.
OUTCOME PILLAR
1
Increased Mobilization of Green Growth Investments
• Over $4.96 billion in WB lending was leveraged by 21 KGGTF grants in CY 2024.
• $2.6 billion in co-financing (including counterpart funding, trust funds and other sources e.g., ADB, AIIB, EDCF, GCF and GEF) was leveraged by 14 KGGTF grants in CY 2024.
• $2.6 billion in commercial financing was leveraged by 7 KGGTF grants in CY 2024.
OUTCOME PILLAR
2
Adoption of Green Growth Policies, Regulations, Strategies, and Initiatives
• 46% (31 grant activities) of active grants influenced client countries’ adoption of green growth policies and strategies.
• 24% (16 grant activities) of active grants influenced World Bank green growth strategies, country engagements or project development.
• 36 final outputs from KGGTF grants that were delivered to WB Management or CMU contributed to the Bank’s adoption of green growth strategies, country engagements or project development that benefited 33 client countries.
FEATURED GRANTS 04
Bonheur, Senior
Green Jobs through Enhanced Resource Efficiency, Renewable Energy and Waste Management in Industrial Parks
CONTEXT
Haiti’s industrial parks, particularly those supporting the garment sector, are vital to the country’s economy, contributing significantly to exports and GDP. However, political instability, gang violence, and regulatory challenges have severely disrupted operations. Businesses have been forced to adjust working hours, increase security, or suspend operations entirely, leading to prolonged inactivity and job losses in industrial parks and free trade zones.
Despite these challenges, Haiti has the potential to strengthen its industrial sector by adopting international best practices and transitioning toward more sustainable and resilient industrial parks. Countries like the Republic of Korea, Bangladesh, the Dominican Republic, Vietnam, and El Salvador have successfully enhanced park management and sustainability, thereby attracting investment and fostering economic growth. Their experiences provide valuable lessons for Haiti on improving regulatory frameworks and creating a more stable business environment.
PROGRAM GOAL
To drive sustainable economic growth and job creation in Haiti by enhancing resource efficiency, promoting renewable energy, and improving waste management in the country’s industrial parks. This initiative aims to create green jobs, foster resilience, and support Haiti’s transition to more sustainable industrial practices.
KGGTF GRANT ACTIVITIES
Strengthening Haiti’s Industrial Parks Amidst Political and Economic Instability
The KGGTF-supported program focused on improving sustainability and resilience in Haiti’s industrial sector, with three key objectives:
• Enhancing Resource Efficiency: Promote renewable energy, water resource management, and waste reduction within industrial parks.
• Transitioning to Eco-Industrial Parks (EIPs): Implement sustainable infrastructure upgrades and improve park management systems.
• Strengthening Regulatory Frameworks: Provide policy recommendations and technical assistance to create a more stable and attractive investment environment.
Unlocking Potential: Transitioning to Eco-Industrial Parks (EIPs)
Transitioning Haiti’s industrial sector to EcoIndustrial Parks (EIPs) involves integrating cleaner production techniques, resource efficiency, risk management, and high social and environmental standards. The “Practitioner’s Handbook for Eco-Industrial Parks”—developed by the World Bank, MOTIE (Korea), UNIDO, and GIZ (Germany)—offers a structured approach to implementing EIP principles. This framework provides Haiti with a roadmap for enhancing sustainability while maintaining industrial competitiveness.
$75 million
LEVERAGE
$107 for every
$1 grant support
Haiti’s garment sector, which employs over 35,000 people, can benefit significantly from adopting EIP principles. By streamlining park management and improving regulatory frameworks, Haiti can increase trade advantages and create longterm job opportunities.
A key strategy for strengthening Haiti’s industrial sector is transitioning to EcoIndustrial Parks (EIPs), which integrate cleaner production techniques, resource efficiency, risk management, and high social and environmental standards. The “Practitioner’s Handbook for Eco-Industrial Parks – Implementing the International EIP Framework” provides a roadmap for this transition, offering methodologies to enhance sustainability while maintaining industrial competitiveness.
Haiti’s garment sector, which employs over 35,000 people, can benefit significantly from adopting EIP principles. By embracing EIP frameworks, Haiti can harness trade advantages, streamline park management, and improve regulatory frameworks— creating long-term job opportunities and enhancing investment appeal.
RESULTS
Program Outputs
• Landscape Assessment Report: Provided detailed insights into Haiti’s industrial parks, identifying key steps for sustainable growth.
• Action Plans for PIC and Metropolitan Industrial Park (PIM):
Developed targeted action plans that outline investment opportunities and provide detailed cash flow analyses for the three most promising initiatives.
• Sustainable Practices Introduced:
• Renewable energy installations
• Water resource management and wastewater treatment improvements
• Solid waste management solutions
• Enhanced building resiliency and social infrastructure through job training Outcomes
Capacity Building for Park Managers:
Targeted training workshops equipped park managers with the knowledge and tools to drive sustainable improvements.
Knowledge Sharing: Articles and reports developed to capture lessons learned, offering valuable insights for other World Bank teams and client countries.
Strengthened Stakeholder
Collaboration: Facilitated strategic dialogue between PSJET, key stakeholders, and industrial parks to secure funding for priority investments.
Driving Policy Change for Long-Term Impact
The program has directly influenced national policies by integrating industrial park sustainability into key national and municipal plans:
Ulaanbaatar City General Development Plan 2040
Mayor’s Action Plan (2020–2024)
Master Plan for City Engineering Preparation Measures 2040
THE PRACTITIONER’S HANDBOOK FOR ECOINDUSTRIAL PARKS
Developed by the World Bank, MOTIE (Korea), UNIDO, and GIZ (Germany) in 2018, the framework guides governments and industrial park operators on transitioning from traditional industrial parks to EIPs. It offers strategic direction and practical solutions, aligning industrial practices with global standards and investor priorities.
Deborah Kim,
ADVANCING PUBLICPRIVATE PARTNERSHIPS TO DRIVE JOB CREATION AND GROWTH
The Caracol Industrial Park (PIC) is a model of how Public-Private Partnerships (PPP) can drive economic growth through strategic collaboration.
Established in 2012, PIC was founded through a partnership between the Haitian government, US Government, InterAmerican Development Bank (IDB), and Sae-A Trading Co. Sae-A Trading invested $78 million, with the US Government contributing $124 million, making it one of Haiti’s largest foreign investments. PIC is owned by the Haitian government (via SONAPI) and managed by UTE under the Ministry of Commerce and Industry.
Strategic Impact on Caracol Industrial Park:
• Positioned to become a green manufacturing hub, attracting new investment and boosting economic growth.
• Strengthened public-private partnerships to ensure operational resilience and long-term sustainability.
Next Steps
• Expand Eco-Industrial Park principles to other industrial zones in Haiti.
• Develop financial incentives and strengthen enforcement mechanisms to attract private sector investment in sustainable industrial practices.
• Continue training and capacity-building programs to ensure the adoption of EIP frameworks and strengthen park management.
• Establish a permanent platform for collaboration between government agencies and the private sector to coordinate sustainable industrial strategies.
LONG-TERM VISION
By transitioning to Eco-Industrial Parks and strengthening governance and infrastructure, Haiti can create a more resilient industrial sector. This transition will safeguard existing jobs, create new employment opportunities, and attract international investments, driving long-term economic growth.
Aligned with the World Bank’s PSJET project—which supports micro, small, and medium-sized enterprises (MSMEs)—this initiative is helping to revitalize Haiti’s economy. By improving access to business development services, financial resources, and sustainable practices, the program is laying the foundation for a more inclusive and sustainable economy.
LINKED LENDING
The KGGTF grant is driving impact by facilitating strategic dialogue between the $75 million PSJET project key stakeholders, and industrial parks. This targeted support strengthens the parks’ ability to attract investment and drive sustainable growth, reinforcing Haiti’s economic transformation.
Strengthening Stakeholder Collaboration
The KGGTF grant has facilitated strategic dialogue between the Private Sector Jobs and Economic Transformation Project (PSJET) and key stakeholders, securing funding for priority investments outlined in the action plans. This collaboration reinforces PSJET’s broader mission to create jobs and accelerate economic transformation in Haiti.
Long-Term Vision: A More Resilient and Sustainable Haiti
By transitioning to Eco-Industrial Parks and strengthening governance and infrastructure, Haiti can create a more resilient industrial sector. This transition will safeguard existing jobs, create new employment opportunities, and attract international investments, driving longterm economic growth.
Aligned with the World Bank’s PSJET project, which supports micro, small, and medium-sized enterprises (MSMEs), this initiative is helping to revitalize Haiti’s economy. By improving access to business development services, financial resources, and sustainable practices, the program is laying the foundation for a more inclusive and sustainable economy.
Looking Ahead
With the continued support of the Haitian government, international partners, and private sector stakeholders, Haiti is on the path to building a greener, more resilient industrial base. The lessons learned from this project will serve as a blueprint for other nations in the region, demonstrating that sustainability, economic growth, and job creation can go hand in hand December 19, 2024 Technical workshop
Tomas Ricardo Rosada Villamar, Agriculture Practice Manager
Elena Mora Lopez, Agriculture Economist
Transforming Agriculture: Smart Farming for a Greener Mexico
CONTEXT
After COVID-19, Mexico’s agricultural sector faced mounting challenges in resilience and sustainability, with small and medium-scale farmers struggling to modernize—threatening long-term food security and economic stability. Agriculture employs nearly 13% of Mexico’s workforce and remains a critical sector for job creation and rural development. In response, the World Bank, Fideicomisos Instituidos en Relación con la Agricultura (FIRA), South Korea’s Rural Development Administration (RDA), and Nare Trends INC launched a strategic initiative to drive greener growth and economic recovery through smart farming technologies.
PROGRAM GOAL
To modernize Mexico’s agricultural sector by introducing smart farming technologies, improve financial access for rural producers, and enhance climate resilience through partnerships with FIRA, RDA, and private sector stakeholders.
KGGTF GRANT ACTIVITIES
Transforming Agriculture: Smart Farming for a Greener Mexico
The program focused on improving access to finance and smart farming technologies, particularly for micro, small, and medium enterprises (MSMEs) in Mexico’s southern and central states. By integrating modern financial products and agri-tech solutions, the program
aims to strengthen rural resilience and drive sustainable growth.
Partnering for Impact
FIRA’s Technological Development Centers (CDTs) are serving as innovation hubs to blend modern agricultural practices with traditional farming. Each CDT specializes in distinct areas of agricultural development:
• Salvador Lira López (Michoacán): Focuses on protected agriculture and smart technologies for high-value crop production.
• Tezoyuca (Morelos): Specializes in micropropagation for the rapid production of high-quality plants.
• Villadiego (Guanajuato): Develops sustainable grain production techniques to improve food security and land use.
Fostering Collaboration: Sharing Korean Expertise
Korean expertise from RDA and Nare Trends INC is being integrated into FIRA’s CDTs through knowledge transfer and feasibility analysis of scalable smart farming solutions:
• Cross-Border Knowledge Exchange: Mexican agricultural experts visited South Korea to study smart farming techniques and digital agriculture policies.
3 CDTs equipped with smart farm systems
8 interconnected greenhouses established
$263 for every $1 grant support
Over 12 million people in Michoacán, Morelos, and Guanajuato to benefit from increased agricultural productivity
• Piloting Innovation: Smart farming systems were introduced in the CDTs, delivering direct benefits to local farmers through improved productivity and resource management.
• Scaling for Impact: A business plan was developed to scale smart farming technologies across Mexico that detailed necessary investments in hardware, software, and training.
RESULTS
Program Outputs
• Piloting Smart Farms: Three CDTs—Salvador Lira López, Tezoyuca, and Villadiego— piloted smart farming systems with eight interconnected greenhouses for high-value crop production.
• Empowering Farmers with Knowledge: The project provided opportunities for FIRA’s local technicians to exchange knowledge on protected agriculture and smart farming technologies, improving productivity and climate resilience.
• Business Plan for Scaling: A comprehensive business plan was developed, detailing the required investments in hardware, software, and training to support national expansion of smart farming.
• Policy Impact: Korean expertise in digital agriculture policy has informed Mexico’s future agricultural strategies through policy dialogues and partnerships with RDA.
NEXT STEPS
Expand smart farming solutions to additional CDTs and agricultural zones across Mexico.
Integrate smart farming into Mexico’s national agricultural policies and financial strategies.
Strengthen partnerships with Korean institutions and local stakeholders to ensure long-term success.
“Providing digital technology access to small-scale producers is one of the best investments we can make to boost their productivity and market integration, both domestically and internationally. By doing this, we can accelerate the transformation of rural areas and generate more and better employment opportunities in rural communities.”
— Tomas Ricardo Rosada Villamar, Practice Manager for Agriculture and Food Security,
South Asia Region, World Bank
Towards Green, Secure, and Climate-Resilient Data Infrastructure
CONTEXT
Building Ethiopia’s Digital Future: A Green and Secure Transformation
Home to over 120 million people, Ethiopia is one of Africa’s fastest-growing economies. As the country accelerates its digital transformation, ensuring secure, sustainable, and resilient infrastructure has become a national priority. To support these ambitions, the Ethiopian government is investing in a new government data center and developing national policies and strategies to drive digital growth.
PROGRAM GOAL
The KGGTF grant supported Ethiopia with critical technical expertise and strategic guidance to develop secure, sustainable, and resilient digital infrastructure.
KGGTF GRANT ACTIVITIES AND RESULTS
1. Strategic Knowledge Exchange: Two study tours to Korea (July 2023 and November 2024) enabled Ethiopian officials and technical experts to engage with Korea’s leading digital and technology institutions. Delegates gained insights into green data center development, cybersecurity, cloud migration, and artificial intelligence through visits to:
• KAIST – Cutting-edge innovations in green computing.
• NAVER – Sustainable data center operations.
• Ministry of ICT & Ministry of Energy –National-level digital infrastructure policies.
3 Reports to inform Ethiopia’s Digital Sector
2 Study trips to learn global best practices
• Seoul Government & Government Data Centre-Information Archive – Best practices in data governance and security.
2. Direct Impact on National Strategy: Insights from the tours are shaping Ethiopia’s national data center strategy and the bidding process for a new facility in Addis Ababa. The Ethiopian government is now positioned to build a secure, scalable, and environmentally sustainable data center, enhancing national data security and supporting the country’s growing digital economy.
3. Capacity Building for Long-Term Resilience: The program strengthened Ethiopia’s ability to design and manage secure and energy-efficient digital infrastructure. This strategic investment positions Ethiopia to adopt best practices in digital governance, improve cybersecurity, and support the expansion of digital services — paving the way for a resilient and sustainable digital future.
Strengthening Ethiopia’s Digital Infrastructure
With KGGTF support, Ethiopia is advancing its digital transformation through strategic investments in secure and sustainable digital services. Capacitybuilding efforts have equipped the government with the tools to design green data centers, enhance cybersecurity, and manage cloud migration. This knowledge is shaping Ethiopia’s national data center strategy and bidding process, positioning the country for a secure, scalable, and resilient digital future.
Linked to Lending
The $200 million Ethiopia Digital Foundations Project aims to expand inclusive, affordable digital services and create digital jobs. It promotes competition in the telecom sector, attracts private and foreign investment, and establishes independent regulation. The project strengthens Ethiopia’s fiber network and mobile broadband to align with the African Union’s goal of universal, affordable broadband by 2030, while enhancing cybersecurity to protect these investments. It also supports digital startups and businesses through a matching grants program, driving economic growth, job creation, and greater efficiency.
Unlocking Urban Mobility in Four East African Cities Kenya,
Rwanda, Tanzania, Uganda
CONTEXT
Urban mobility in East Africa faces significant challenges due to rapid urbanization, poor public transport infrastructure, traffic congestion, and road safety issues. Many cities in Kenya, Rwanda, Tanzania, and Uganda lack integrated transport strategies and sufficient institutional capacity for transport planning and development. Additionally, outdated policies and limited access to technical expertise further constrain efforts to create sustainable and efficient mobility systems. The KGGTF grant aims to provide technical assistance and knowledge-sharing opportunities to address these barriers and accelerate the adoption of sustainable urban mobility solutions.
PROGRAM GOAL
The program is strengthening institutional capacity, promoting knowledge exchange, and facilitating the preparation of urban mobility projects in four East African cities. By supporting strategic planning, conducting technical studies, and introducing global best practices—particularly from Korea—the program is developing sustainable urban transport systems that improve connectivity, safety, and economic opportunities.
Kishiue, Senior
Diel, Senior Transport Specialist
Over 50 practitioners trained for Leaders in Urban Transport Planning (LUTP)
$100 million
$222 for every $1 grant support
10 decision-makers exposed to Korea’s systems Kampala Bus Rapid Transit (BRT) technical note
The World Bank’s Leaders in Urban Transport Planning (LUTP) program equips transport professionals with the knowledge and skills to design and implement sustainable urban mobility solutions. Through a combination of interactive workshops, case studies, and peer learning, the program helps leaders address complex transport challenges in rapidly urbanizing cities. The program was strengthened by a Korea Green Growth Trust Fund (KGGTF) grant awarded several years ago, which supported the development of training modules focused on green transport and integrated urban planning.
KGGTF GRANT ACTIVITIES
1. Leaders in Urban Transport Planning (LUTP) Workshop
• Conducted in Kigali, Rwanda, with participation from over 50 urban transport practitioners from the four target cities.
• Fostered knowledge exchange and capacity building, creating a platform for urban mobility professionals to share lessons and strategies.
2. Study Tour to Korea
• Organized a study tour for 10 high-level decision-makers to Korea facilitated by Korea Transport Institute, that offered insights into Korea’s advanced urban transport systems
3. Technical Assistance for Urban Mobility Projects
• Provided targeted support for the development of the Rwanda Urban Mobility Improvement Project and advanced the preparation of the Uganda Urban Mobility Project.
• Support is now been extended to Kinshasa, DRC, to assist with the development of a Bus Rapid Transit (BRT) system.
4. Development of Technical Studies
• Completed an Urban Mobility Institutional Study with case studies from the four cities.
Support extended to Kinshasa Bus Rapid Transit development
• Delivered a series of technical notes to support the development of the Kampala BRT project.
• Conducted a traffic signal study to advance the dedicated bus lane for the Rwanda Urban Mobility Improvement Project.
RESULTS AND IMPACT
• Over 50 urban transport practitioners trained through the LUTP workshop in Kigali.
• 10 decision-makers exposed to Korea’s urban transport systems, leading to strengthened institutional knowledge.
• Urban Mobility Institutional Study will be completed in May 2025, providing a foundation for integrated transport planning.
• Technical notes for the Kampala BRT project positioning the project for future funding and implementation.
• Traffic signal assessment carried out for the Rwanda Urban Mobility Improvement Project, that informed the traffic management activities under the project. The Project is currently scheduled for approval in Q4 FY 25 and ready for implementation. completed, Expansion of technical support to Kinshasa, DRC, to support the planning of a new BRT system.
Empowered 55 practitioners from four cities in Eastern Africa by enhancing their knowledge of urban mobility and establishing a robust learning network for future initiatives through in-country capacitybuilding activities. Additionally, 10 high-level decision makers from these cities were introduced to advanced urban planning concepts during a study tour in Korea, facilitated by KOTI.
Next Steps
• Rwanda Urban Improvement Mobility Project – $100 million project to improve mobility, accessibility, and job creation in Kigali, planned to be approved in FY25.
• Kampala Urban Mobility Project – $150 million proposed project, supported by KGGTF technical analysis, to resume project preparation once the World Bank engagement pause is lifted.
K-Partners
• KOTI (Korea Transport Institute) supported the program by providing technical expertise and policy guidance to improve urban mobility and enhance transport infrastructure planning.
• Korean EXIM Bank (Export-Import Bank of Korea) supported the program by sharing insights and best practices from its experience in financing major transportation projects to strengthen connectivity and trade in Africa.
Impact
Rwanda Urban Mobility Improvement Project $100 million
To improve mobility, accessibility, and safety, and to create job opportunities along selected corridors and sites in Kigali. The project is scheduled to be approved in FY25, the successful implementation of the project is enabling more than 1 million people to have better access to job opportunities and essential social services.
Kampala Bus Rapid Transit Design Proposed
Kampala Urban Mobility Project ($150m): the KGGTF grant advanced the technical analysis of the proposed project, and enabled the quick resumption of the engagement after the pause of World Bank’s new engagement in Uganda is lifted.
“Learning from Korea’s advanced transport systems has been invaluable in shaping the future of urban mobility in our cities.”
— High-Level Decision Maker, Rwanda
“The KGGTF grant has played a critical role in helping East African cities develop strategic urban transport solutions by combining local insights with global best practices, especially from Korea.”
— Fang Xu, Senior Transport Specialist
Traffic Management of the Future, Today A Primer on Unmanned Traffic Management (UTM)
Reviving Kolkata’s Waterways: A Green Growth Approach to Inland Water Transport
CONTEXT
Kolkata, one of the world’s most flood-prone cities, faces growing climate risks, including rising water levels and frequent cyclones. The devastating impact of Super Cyclone Amphan in 2020 highlighted the city’s vulnerability and the need for climate-resilient infrastructure. Over time, Kolkata has overlooked the Hooghly River, leaving its riverfront underutilized and its inland water transport (IWT) system underdeveloped. Meanwhile, the Port of Kolkata continues to generate high volumes of urban freight, increasing congestion, pollution, and pressure on infrastructure. Recognizing the need for sustainable solutions, the Government of West Bengal has prioritized IWT development to reconnect the city with its river and enhance climate resilience.
PROGRAM GOAL
The program aims to revitalize Kolkata’s riverfront and improve urban mobility by:
• Enhancing the efficiency and safety of passenger and freight transportation across the Hooghly River.
• Developing a green growth spatial strategy to integrate urban planning, economic development, and environmental resilience.
• Promoting climate-resilient infrastructure and low-carbon transport solutions.
• Attracting private sector investment through innovative financing mechanisms.
KGGTF GRANT ACTIVITIES
Developing a Low-Carbon and ClimateResilient IWT Strategy
• The KGGTF grant supported the development of a comprehensive strategy for improving the Hooghly River’s IWT system, focusing on:
- Transitioning from diesel to low-carbon hybrid vessels to reduce emissions and operating costs.
- Incorporating climate-resilient infrastructure to withstand rising water levels and extreme weather events.
- Minimizing dredging to reduce environmental impact and maintenance costs.
Enhancing Baseline Data and Planning Tools
• Established a geospatial data platform to provide detailed mapping and analysis of the Kolkata Metropolitan Area (KMA) riverfront.
• Created a waterfront master plan to guide sustainable development, improve public access, and support mixed-use development.
• Provided actionable data to inform investment decisions and policy development.
Designing an Innovative Financing Mechanism
• Developed a public-private partnership (PPP) model to attract private sector investment in inland water transport (IWT) infrastructure and freight services.
• Designed to expand active freight routes and enhance the financial sustainability of IWT operations.
Capacity Building and Technology Transition
• Supported training programs for vessel operators and port authorities to facilitate the transition from diesel to hybrid vessels.
• Strengthened institutional capacity to manage and operate an expanded, low-carbon IWT system.
RESULTS
Influence on World Bank Lending
• Directly influenced the design of the $150 million World Bank West Bengal Inland Water Transport, Logistics, and Spatial Development Project, which aims to:
- Improve the efficiency and safety of passenger and freight transport on the Hooghly River.
- Develop a spatial planning framework to enhance connectivity and access across the Kolkata Metropolitan Area.
Policy and Infrastructure Improvements
• Informed the transition from carbon-intensive to low-carbon hybrid vessels as part of Kolkata’s climate resilience strategy.
• Shaped the design of a climate-resilient riverfront through sustainable urban upgrading and mixed-use development.
• Strengthened regulatory frameworks for emissions reduction and operational efficiency in IWT.
Waterfront Master Plan and Investment Framework
• Developed a strategic framework to transform Kolkata’s riverfront into a vibrant and sustainable urban asset.
• Identified key investment opportunities to improve infrastructure, enhance public access, and promote mixed-use development.
• Provided detailed guidelines for improving urban mobility and environmental resilience.
Urban Upgrading Around Jetty Ghats
• Focused on improving infrastructure, safety, and public amenities around Kolkata’s jetty ghats
• Recommended improvements in:
- Pedestrian access to promote walkability and active transportation.
- Waste management to enhance environmental quality.
- Public transport links to strengthen connectivity and ease congestion
• Positioned the jetty ghats as hubs for economic activity and inclusive development.
NEXT STEPS
• Scale Up Hybrid Vessel Transition: Expand the hybrid vessel program to cover more passenger and freight routes.
• Expand IWT Infrastructure: Develop additional jetties and docking facilities to accommodate growing passenger and freight traffic.
• Strengthen PPP Models: Finalize partnerships with private operators to enhance financial sustainability and expand services.
• Enhance Urban Connectivity: Integrate IWT with other transport modes to create a seamless, low-carbon mobility network.
INFLUENCE ON WORLD BANK LENDING PROJECTS
The KGGTF grant’s success has shaped the design of the $150 million World Bank West Bengal Inland Water Transport, Logistics, and Spatial Development Project
The project will improve the efficiency and safety of passenger and freight transport across the Hooghly River while supporting the development of a strategic spatial planning framework to enhance connectivity and climate resilience in the Kolkata Metropolitan Area.
PRIVATE SECTOR PARTICIPATION IN INLAND WATERWAY TRANSPORTATION SECTOR
This report examines the role of private sector investment in strengthening Kolkata’s inland water transport system. It highlights opportunities for public-private partnerships (PPPs) to modernize infrastructure, improve operational efficiency, and introduce innovative service models to enhance reliability and passenger experience.
2
Enhancing Pollution Management in Bangladesh through Green Growth Policies
CONTEXT
Advancing Clean Air Solutions for a Healthier Bangladesh
Bangladesh faces a severe air quality crisis, ranking among the most polluted countries globally. The primary pollutant of concern is fine particulate matter (PM2.5), which significantly impacts public health. Exposure to PM2.5 in Bangladesh caused more than 159,000 premature deaths and 2.5 billion days lived in illness, with estimated health costs equivalent to 8.3 percent of GDP (2019).1 The sources of pollution range from households relying on solid fuels for cooking, power plants, industries (including brick kilns), road dust, exhaust emissions, and open burning of municipal solid waste. Transboundary emissions are also a major source of air pollution.
Recognizing the urgency, the Government of Bangladesh approved the National Air Quality Management Plan (NAQMP) 2024–2030, a comprehensive framework designed to strengthen governance, update monitoring and enforcement mechanisms, and reduce emissions from major sources.
PROGRAM GOAL
The program aims to strengthen air quality governance and reduce pollution-related health impacts in Bangladesh by:
• Supporting the development and implementation of the NAQMP 2024–2030.
• Improving emissions monitoring and regulatory enforcement.
• Building institutional capacity through knowledge exchange and technical assistance.
• Promoting public awareness and stakeholder engagement to build support for air quality policies.
KGGTF GRANT ACTIVITIES
Strengthening Air Quality Governance
The KGGTF grant supported the Ministry of Environment, Forest and Climate Change (MoEFCC) and the Department of Environment (DoE) in developing key policy instruments for air quality management.
3 key policy instruments developed: (1) nvironmental Enforcement Guidelines; (2) National Air Quality Management Plan 2024-2030; and the upcoming regulations for the Continuous Emissions Monitoring Program (CEMP)
“KGGTF has been an essential partner in our engagement with the Government of Bangladesh. The outcomes of this collaboration are already evident, with new policies being adopted by the government and substantial investments being directed towards sustainable development and air quality management. This partnership highlights the tangible impact of international cooperation in addressing environmental challenges and promoting green growth.”
Ana Luisa Gomes Lima, Senior Environmental Specialist
The grant has facilitated the design of the Continuous Emissions Monitoring Program (CEMP), which is now underway through a collaborative effort involving the Korea Environment Corporation (KECO), the Korea Environmental Industry and Technology Institute (KEITI), and EcoPartners. This initiative aims to enhance real-time emissions tracking and regulatory compliance by leveraging Korea’s advanced environmental monitoring technologies. By integrating expertise from these key institutions, CEMP will strengthen emissions management frameworks and support data-driven policymaking for improved air quality and sustainability.
• It also contributed to the creation of the Environmental Enforcement Guidelines, approved in October 2024 which established mandatory compliance standards for industrial emissions.
• Supported the finalization and approval of the NAQMP 2024–2030 the country’s first comprehensive air quality management plan. The plan sets measurable targets for pollution reduction and governance improvement.
Knowledge Exchange for Sustainable Reforms
Two knowledge exchange trips were organized, enabling approximately 50 government officials and technical experts from Bangladesh to learn from international best practices:
• Participants visited key institutions and environmental agencies in countries with proven air quality management frameworks.
• Participants gained insights into innovative enforcement mechanisms, advanced technological solutions, and regulatory frameworks that could be adapted to Bangladesh’s context.
• Policymakers gained direct exposure to emissions monitoring technologies, industrial regulations, and market-based policies for air quality management.
Korean Partnerships and Technology Transfer
The grant facilitated the design and launch of the Continuous Emissions Monitoring Program (CEMP) through a partnership with:
• Korea Environment Corporation (KECO)
• Korea Environmental Industry and Technology Institute (KEITI)
• EcoPartners
This initiative aims to:
• Enhance real-time emissions tracking and regulatory compliance using Korea’s advanced environmental monitoring technologies.
• Provide data-driven insights for improved policymaking and enforcement.
• Establish a foundation for expanding emissions monitoring across industrial sectors.
Public Engagement and Awareness Campaign
The grant supported a comprehensive public outreach and stakeholder engagement campaign to build awareness and support for air quality policies:
• Three thematic workshops were held with environmental experts, journalists, and practitioners to foster dialogue and understanding.
• Educational materials, including five short videos and social media content, were produced to explain air quality issues and the importance of policy interventions.
• Public awareness campaigns reached over 100,000 people through digital and media platforms.
“This new financing will help bring essential services such as health, water and sanitation to the people of Bangladesh, while laying the foundation for clean, climate-resilient and sustainable development.”
Abdoulaye Seck, World Bank Country Director for Bangladesh and Bhutan.
Policy note on air quality management
RESULTS
Policy and Regulatory Impact
• The Environmental Enforcement Guidelines and the NAQMP 2024–2030 provide a legal and operational framework for emissions control and air quality improvement.
• The NAQMP is expected to reduce premature deaths linked to air pollution by 50% by 2030
Improved Emissions Monitoring
• The launch of the CEMP allows for real-time emissions tracking in major industrial zones.
• Over 20 industrial facilities have been integrated into the CEMP framework for continuous emissions monitoring and compliance checks.
Capacity Building and Knowledge Transfer
• 50 policymakers and technical experts gained practical insights into emissions control and sustainable urban planning through the knowledge exchange program.
• New strategies for emissions monitoring and control technologies are being integrated into national policies.
Public and Stakeholder Engagement
• Over 100,000 people engaged through social media and educational campaigns, improving public understanding of air pollution issues and policy responses.
• Increased media coverage has driven greater accountability and public discourse on air quality issues.
NEXT STEPS
Scale Up CEMP: Expand the emissions monitoring program to cover more industrial zones and power plants.
Institutionalize Knowledge Exchange: Develop a longterm training program to enhance government capacity for emissions monitoring and enforcement.
Strengthen Enforcement: Implement the Environmental Enforcement Guidelines to hold industries accountable for compliance.
Expand Public Awareness: Continue outreach efforts to maintain public and stakeholder support for air quality initiatives.
INFLUENCE ON WORLD BANK LENDING PROJECTS
The grant’s success has influenced two major World Bank lending projects focused on improving air quality and supporting green growth in Bangladesh:
• Air Quality Improvement Project – A $300 million project to strengthen emissions monitoring, improve industrial compliance, and expand CEMP’s reach.
• Green Growth and Environmental Sustainability Project – A $250 million initiative to integrate green growth policies into national development planning and support sustainable industrial practices.
KOREAN PARTNERSHIPS
($200,000
Transforming Mobility and Energy Storage for a Sustainable Future
Driving Sustainable Development in Mongolia
Mongolia’s power system faces significant challenges in its clean energy transition. This includes effectively supplying peak hour demand and ensuring grid flexibility to accommodate higher levels of variable renewable energy.
$250,000
Inchul Hwang, Senior Energy Specialist responsible for e-mobility strategy development for Ulaanbaatar
Barsha Pandey, Energy Specialist responsible for battery energy storage systems (BESS)
While decarbonization in the power sector and electrification of energy demand are crucial, Mongolia’s coal consumption is projected to grow, making it essential to explore an effective strategy for the integration of renewable energy sources, energy storage systems, and electric mobility. With support from the KGGTF, this initiative laid the foundation for two pivotal reforms: supporting Mongolia in accelerating e-mobility adoption and advancing battery energy storage solutions.
Grant 1: E-Mobility Strategy Development for Ulaanbaatar Amount: $250,000
Objective: Supporting Mongolia in accelerating e-mobility adoption
Key Activities:
• Electric Mobility (e-mobility) Readiness Assessment: Identified key barriers of the e-mobility uptake and provided a deep-dive
Trained 50 policy makers in Mongolia
analysis of EV suitability in Mongolia, alongside multi-criteria assessment of each major vehicle segment.
• E-Mobility Roadmap: Provided 31 recommendations to stimulate and shape
EV growth, focusing on enabling market development through regulatory coordination and proactively engaging with targeted EV segments.
The strategy document provides a comprehensive guide to the implementation and growth of electric mobility (E-mobility) in Mongolia. It explores the country’s unique challenges and opportunities in transitioning to sustainable transportation solutions. The roadmap outlines strategic steps for integrating electric vehicles (EVs) into Mongolia’s urban landscapes, focusing on policy frameworks, infrastructure development, and market readiness.
Conclusion: The roadmap outlines critical energy sector reforms to ensure effective implementation. These include managing grid demand through smart charging and tariff incentives, as well as promoting grid decarbonization via investments in renewable energy and market mechanisms.
“The study on Battery Energy Storage Systems (BESS) for Mongolia, funded by the KGGTF initiative, was very informative and useful to the client. BESS play a crucial role in Mongolia’s energy transition, ultimately playing a role in meeting their nationally determined contributions (NDCs). They enable the integration of renewable energy sources like wind and solar into the grid, enhancing grid reliability, stability, and power quality.”
— Barsha Pandey, Energy Specialist World Bank
“The KGGTF also supported developing tariff structures for BESS dispatch. Tariff play a significant role in the scale-up of Battery Energy Storage Systems (BESS). Properly designed tariffs can incentivize the adoption of BESS by making it economically viable for both utilities and consumers.”
— Mr Gansukh Myagmar, Sr. Expert, Energy Policy Implementation and Coordination Department, Ministry of Energy of Mongolia.
K-PARTNERS
National Institute of Green Technology (NIGT): NIGT offers expertise in green technology R&D, capacity building, and policy guidance to support sustainable development.
Korea Power Exchange (KPX): KPX manages electricity market operations, grid stability, and regulatory frameworks to facilitate the integration of renewable energy and electric vehicles.
Investment in electric buses is advisable if it includes business model reform and charging from renewable energy sources. Additionally, pilot projects for electric taxis and urban light freight vehicles are recommended to explore the optimization of the electric vehicle ecosystem.
Grant 2: Battery Energy Storage Systems (BESS)
Amount: $200,000
Objective: Advancing battery energy storage solutions to support Mongolia’s renewable energy expansion
Key Activities:
• BESS Potential Assessment Report: Guiding tariff frameworks and investment incentives and assessing BESS demand and technology options.
• Knowledge Exchange Workshops: Equipping Mongolian policymakers and stakeholders with critical knowledge on BESS.
• Feasibility Study: Providing a technical feasibility analysis of BESS capacity in Mongolia.
Advancing Battery Energy Storage Systems (BESS) in Mongolia explores how BESS technology can enhance Mongolia’s energy security and support its transition to renewable energy. The report examines Mongolia’s unique energy challenges, including its reliance on coal and harsh climate conditions, and outlines how BESS can stabilize the grid, reduce emissions, and enable greater integration of solar and wind power. Through case studies and policy recommendations, it highlights the potential for BESS to drive sustainable growth and energy resilience in Mongolia.
Outcome: This grant has supported crucial studies to assess the demand for BESS, explore technology options, and strategies to engage private investment.
Key outcomes also include:
• business model development benchmarking Korea and Australia’s cases,
• simulating milestone BESS requirements to host renewable energy, and
• the expansion plan in the Mongolian power system.
Officials from Mongolia’s Ministry of Energy and the Electricity Regulatory Commission
attended KGID 2024 where they shared their experiences and received support from the KGGTF. They gained insights from Korea’s advanced technologies, smart grid innovations, and green energy laws that will help to shape Mongolia’s energy transition.
Identifying International Best Practices
International best practices have played a vital role in shaping Mongolia’s transport and energy sectors. Knowledge-sharing opportunities supported by these grants include:
• Lessons learned from Korea and Australia’s business model: Benchmarking global best practices including the Low Carbon Contracts Market Program Model in Jeju Island, Korea, and Australia’s competitive market model.
• Capacity-building Workshops in Ulaanbaatar: Engaging over 50 transport and energy policymakers.
• Collaboration with Korean Institutions: Including National Institute of Green Technology (NIGT), KOTI (Korea Transport Institute), KEPCO, and others that provided technical guidance and policy insights.
Driving Lasting Change
With foundational research, capacity building, and international partnerships in place, Mongolia is poised to scale up investments in sustainable mobility and clean energy. These grants have not only provided the analytical and technical groundwork but have also mobilized interest from public and private sector stakeholders to drive lasting change, including immediate investment from the government to establish a second BESS facility in Mongolia.
By advancing public transportation reforms and battery energy storage, this initiative is helping Mongolia build a more sustainable, resilient, and accessible future for its people.
Energy storage system
Laying the Groundwork for Future Investments
The success of these grants has influenced two World Bankfinanced projects and national policies:
• Ulaanbaatar Sustainable Urban Transport Project ($100 million): This project aims to improve urban mobility in Ulaanbaatar by reducing congestion, enhancing road safety, and strengthening climate resilience in key transport corridors. It has four main components:
• Integrated Corridors: Upgrades transport corridors to optimize road use for all users, including pedestrians, cyclists, and public transport passengers.
• Sustainable Public Transport: Enhances public transport quality and reliability, expands service coverage, and improves integration with other transport modes through targeted investments.
• Institutional Strengthening: Supports Ulaanbaatar in developing a robust framework for transport planning and management with strategic studies, tools, and capacity-building initiatives.
• Emergency Response: Allows funds to be reallocated quickly in case of crises, enabling timely support for emergency response and reconstruction.
Third Energy Sector Project ($47 million) This project aims to increase the capacity and reliability of the transmission grid in Mongolia for renewable energy integration. This objective will be achieved by strengthening the existing 220kV grid by adding a new 220kV line to the specific region where there is no high voltage transmission line available to evacuate power generated from the southern part of Mongolia. The project also includes the component of capacity building and implementation support for the Ministry of Energy and relevant agencies.
“Geospatial information is the foundation for effective and sustainable land management. By providing key institutions with the necessary tools and skills, we are not only mapping the territory, but also paving the way for a more structured, transparent, and resilient future for Senegal.”
— Ousseynou Niang, IT Manager for the Land Security Project (PROCASEF)
“Without geographic information, land tenure security is unthinkable. The Trust Fund’s activities have not only strengthened the project’s capacity to properly manage geographic information but have also laid the groundwork for national deliberations on the exchange and interoperability of geospatial data among various institutions.”
— Andre Teyssier,
Senior Land Administration Specialist
Baseline Assessment
Geospatial Alignment to Policy Drivers
Action Plan
RESULTS
Program Outputs
• Baseline Assessment Report – Provided a comprehensive analysis of Senegal’s existing geospatial infrastructure, data availability, and institutional capacity.
• Geospatial Alignment to Policy Drivers – Aligned geospatial strategies with Senegal’s national development priorities and sectoral policies, ensuring geospatial investments directly contribute to policy outcomes.
• Socio-Economic Impact Assessment – Assessed the impact of geospatial data on governance, economic development, and land tenure security.
• Action Plan for NSDI Development – Detailed priority actions, timelines, and investment needs to operationalize geospatial solutions and improve decision-making across sectors.
Key Outcomes
50 geographic data producers trained
25 IT specialists and NSDI managers upskilled
600 participants engaged in geospatial technology workshops
• Implementation of the NSDI action plan, focusing on strengthening technical capacity, improving data governance, and fostering partnerships.
• Continued knowledge sharing and training to ensure long-term adoption and institutional integration of geospatial solutions.
Impact
This grant directly influenced the Senegal Cadastre and Land Tenure Improvement Project, an $80 million initiative designed to enhance land governance, modernize digital infrastructure, and increase registered land rights. By equipping municipalities with georeferenced land data and formalizing land use rights, the project is laying the foundation for a national cadastre that recognizes both individual and collective ownership.
Assessment, Policy Plan and Action Plan for Senegal
A series of reports examine how integrated geospatial information can support Senegal’s sustainable development goals by improving urban planning, disaster management, and natural resource management. It highlights the importance of strengthening data infrastructure, enhancing coordination among agencies, and leveraging technology to improve decision-making and service delivery.
$489,000
Repurposing Wastewater: A Sustainable Heating and Water Solution for Ulaanbaatar
A Transformative Approach to Ulaanbaatar’s Water Crisis
CONTEXT
As Mongolia’s urban population grows— Ulaanbaatar alone now houses nearly half of the nation’s 3.45 million residents—the strain on water resources is intensifying. The city’s heavy reliance on groundwater sources, coupled with climate change-induced pressures, presents urgent challenges for water security. To address this, KGGTF supported Mongolia’s first industrial water recycling initiative by providing critical research, policy recommendations, and technical expertise to help reshape urban water management in the capital.
This innovative initiative showed how industrial wastewater can be repurposed to support the city’s heating system, easing pressure on drinking water supplies and reducing environmental risks. Strong public-private collaboration has established a foundation for expanding industrial water reuse across Mongolia.
PROGRAM GOAL
To enhance Ulaanbaatar’s water security by reducing groundwater dependence through industrial water reuse, improving urban infrastructure, and strengthening regulatory frameworks to scale sustainable water management.
KGGTF Grant Activities
The KGGTF-supported program focused on designing and piloting Mongolia’s first industrial water recycling system, with three key objectives:
• Enhancing Water Security: Reduce Ulaanbaatar’s dependence on groundwater by reusing treated wastewater for industrial use.
• Developing Sustainable Infrastructure: Design and implement a pipeline and treatment facility to enable direct use of treated wastewater.
• Informing National Policy: Provide policy recommendations to scale up industrial water reuse through regulatory reforms and investment incentives.
$55,000 saved annually in property damage from reduced seasonal ice formation 10 senior officials trained
Turning Waste into a Resource: A Creative Solution
• In the 17th Khoroo of Bayanzurkh District, seasonal ice formations (aufeis) cause over $55,000 in property damage annually
• Factories like MCS Coca-Cola LLC discharge 511 m³ of treated wastewater daily into the sewer.
• The Amgalan Thermal Plant (ATP) faces a rising water demand of 1,300 m³ per day in winter.
The project connected these dots by constructing a pipeline to transport treated wastewater from MCS Coca-Cola to ATP, reducing the plant’s reliance on groundwater while repurposing industrial wastewater. This established a circular water economy that benefits both industries and communities.
Expanding Knowledge Through International Learning
A critical component of the initiative was a knowledge exchange with Korea, where 10 Mongolian officials, including representatives from the Ministry of Energy and Ulaanbaatar Municipality, gained first-hand exposure to
global best practices in industrial water recycling, wastewater treatment, and sustainable urban water management.
• Visits to advanced wastewater treatment plants highlighted cutting-edge membrane bioreactor (MBR) technology and high-efficiency water reuse systems.
• Policy dialogues with Korea’s Ministry of Environment focused on regulatory frameworks, public-private partnerships, and financial incentives.
• Practical lessons in smart water infrastructure and AI-driven water quality management informed the development of Mongolia’s water recycling strategies.
RESULTS
Program Outputs
• Feasibility study completed – Defined technical and financial requirements for industrial water recycling.
• Stakeholder agreement signed – Formalized collaboration between ATP and MCS Coca-Cola LLC for wastewater reuse.
• Training and Capacity Building:
• Three in-country training workshops conducted in 2024 for government and private sector representatives.
• Two knowledge exchange trips to South Korea in 2024, attended by 10 senior Mongolian officials.
• Technical guidelines developed for industrial water recycling.
• Policy Recommendations:
• Recommendations integrated into Mongolia’s Vision 2050 and Government Action Plan (2024–2028)
• Strengthened regulatory frameworks to incentivize private sector investment in industrial water recycling.
• Established guidelines for scaling up water recycling infrastructure in urban centers.
Key Outcomes
First-of-its-kind industrial water recycling system in Mongolia established
511 m³/day of treated wastewater repurposed for industrial use
1,300 m³/day of reduced groundwater demand at ATP in winter
$55,000 in avoided annual property damage from reduced seasonal ice formation
10 senior officials trained through international knowledge exchange
Formal partnership agreement signed between ATP and MCS Coca-Cola LLC
NEXT STEPS
• Scale up industrial water recycling to additional industries and urban centers in Mongolia.
• Integrate industrial water recycling into Ulaanbaatar’s City General Development Plan 2040 and other key infrastructure plans.
• Develop financial incentives and strengthen enforcement mechanisms to attract private sector investment in water recycling infrastructure.
• Establish a permanent platform for collaboration between government agencies and the private sector to coordinate sustainable water management strategies.
management approaches, national spatial data infrastructure (NSDI) implementation, land valuation, and taxation models Uzbek officials engaged with Korean institutions, learning from their advanced geospatial data systems, smart urban planning tools, and inter-agency coordination strategies to enhance land administration and urban development.
As a direct result of these efforts, the program developed a framework for advancing land governance complete with a time-based Action Plan for implementation. This framework included four key policy notes addressing tenure security, land use planning, land valuation and taxation, and geospatial data. Each note provided an in-depth assessment of existing legal and institutional challenges, showcased international best practices, and outlined specific recommendations for government action. These insights were extensively discussed in expert group meetings and policy workshops, leading to greater consensus on reform priorities.
The program also played a pivotal role in shaping new laws and policies It contributed to the design and preparation of a new investment project that builds upon the successes of the “Modernization of Real Property Registration and Cadastre Project.” This initiative integrates land use planning, privatization of non-agricultural land, advancing the usage of Geospatial data, and ensuring that ongoing land reforms unlock private investment opportunities while promoting inclusive, green economic growth
PARTNERSHIPS
This program also supported the development of partnerships between Switzerland’s State Secretariat for Economic Affairs (SECO) and the European Union, showcasing the power of international collaboration in advancing sustainable land governance and economic development in Uzbekistan.
RESULTS
Directly influenced and supported the development of three key laws and policies:
Law on Regularization of Informal
Land Use – Supported the drafting and endorsement of the new law, “On the Recognition of Rights to Illegally Seized Land Plots and Buildings and Structures Built on Them” passed by the Parliament of the Republic of Uzbekistan (Law No LRU-937) on August 5, 2024 and enacted on March 10, 2025. This law provides a legal framework for formalizing informal land holdings and resolving longstanding land tenure issues.
Adoption of Developer Exaction for
Land Value
Capture
– Facilitated the introduction of developer exaction as a policy instrument for land value capture, as outlined in a resolution by the Cabinet of Ministers. This policy enables local governments to recover a portion of the increased land value resulting from public investments and infrastructure improvements.
Draft Bill on Land Readjustment and Urban Renovation – Supported
the development of a draft bill that establishes a legal framework for land readjustment and urban renovation. The bill aims to streamline the reallocation of land parcels, facilitate infrastructure upgrades, and promote sustainable urban development.
INFLUENCING LENDING
The Medium-Size Cities Integrated Urban Development Project $100 million in Uzbekistan aims to enhance urban infrastructure, public spaces, and access to services in participating cities while strengthening government capacity to manage local infrastructure. It has three components:
1. Urban Services Improvement & Public Space Enhancement, which funds integrated, multi-sector investments to improve livability;
2. Institutional Strengthening & Capacity Building, which supports local governments with asset management, urban mobility, sustainable tourism, and private sector cooperation, including capacity building for cities and support for the National MediumSize Cities Program (NMSCP); and
3. Implementation Support, which ensures effective execution through monitoring, evaluation, communication strategies, safeguard measures, training, and operational support for the Project Implementation Unit
STRATEGIC COMMUNICATIONS AND KNOWLEDGE MANAGEMENT
Effective communication and knowledge sharing are central to the mission of KGGTF.
Broad dissemination of green growth solutions to client countries is essential for fostering cross-sectoral learning and integration. In the past year, KGGTF has strengthened efforts to capture and share insights from both the overall program and individual grant initiatives. Promoting green growth as a scalable, crosssectoral development strategy has been a defining focus for more than a decade.
In 2024, KGGTF supported grant programs in expanding outreach through diverse communication approaches. Alongside webinars and workshops, several grant teams produced short films targeting policymakers and the general public. These films introduce green growth concepts and illustrate how initiatives—such as improving water and air quality—have tangible impacts on people’s lives.
These efforts aim to raise public awareness and equip KGGTF stakeholders with engaging, informative materials that foster a more supportive policy environment for sustainable development.
WEBSITE
The KGGTF website (wbgkggtf.org) remains a vital knowledge platform. It serves as a central resource for stakeholders, promotes transparency, and provides regular updates on trust fund activities, events, and results. In 2024, the site recorded 33,494 unique visitors and 89,925 page views.
MONTHLY NEWSLETTER
The monthly newsletter serves as a key communication channel for keeping stakeholders informed and engaged. Each issue includes highlights of recent activities, success stories, and notable outcomes, alongside the latest research, reports, and event invitations. Subscribers also gain access to recordings of past events, ensuring valuable content remains accessible.
JEJU GREEN GROWTH GUIDEBOOK
Jeju Island serves as a remarkable living case study for countries seeking to implement green growth strategies across multiple sectors. Its international reputation for pioneering innovations in energy, transport, waste management, and agriculture offer valuable examples of what’s possible. To support grant teams in understanding Jeju’s infrastructure innovations, KGGTF developed detailed site maps and a visitor’s guide. These resources will continue to benefit future KGGTF grant teams, providing valuable insights and practical guidance.
Green
To help World Bank grant teams find actionable solutions to their current challenges, KGGTF created a Knowledge Partner Directory Green Growth Knowledge Partner Directory
KGID:
Growth Solutions for a Livable Planet
Mapping Jeju’s Green Initiatives
Discovering Jeju’s Green Solutions
PUBLICATIONS
Many grant programs produce in-depth reports to support the implementation of green growth strategies. While some publications are publicly shared, others are tailored for specific client needs and remain restricted in distribution. Select 2024 publications include:
Toward Inclusive Housing and Territorial Development in Colombia
Part of a series of reports, “Toward Inclusive Housing and Territorial Development in Colombia” explores strategies to promote resilient and inclusive housing in Colombia as part of the 2022–2026 National Development Plan. The project aims to enhance urban resilience, improve disaster risk management, and foster sustainable territorial development across the country.
The report “Tracking and Monitoring System for Passenger Transport Fleets in Quito (Ecuador) and Lima (Peru)” outlines the development and implementation of a digital system to improve the efficiency and sustainability of public transport in both cities. The project focuses on enhancing real-time data collection, optimizing fleet management, and reducing emissions through smarter transport solutions.
The report “Greening the Maritime Transport Sector in Indonesia to Promote Sustainable Development” explores strategies to reduce emissions and improve efficiency in Indonesia’s maritime sector. Supported by the World Bank and RINA, the project focuses on adopting cleaner technologies, enhancing port infrastructure, and promoting sustainable shipping practices to align with Indonesia’s broader environmental and economic goals.
The report “Baseline Assessment: World Bank Implementation Methodology –Senegal” provides an in-depth analysis of Senegal’s current landscape in urban development, disaster risk management, and resilience. The report outlines key challenges and opportunities to strengthen Senegal’s capacity for sustainable development and improve resilience against climate risks through targeted policy and infrastructure improvements.
The reports “Harnessing Digital Agriculture Technologies for Smallholder Farmers in Lao PDR: Development of Content and Design for E-Extension Services” and “Digital Agriculture Technology Ecosystem Assessment in Lao PDR” provide a comprehensive overview of efforts to enhance agricultural productivity and resilience in Lao PDR through digital solutions. Produced by the World Bank, CGIAR, IRRI, and the Government of Lao PDR, the reports highlight strategies for developing user-friendly e-extension services and improving access to real-time agricultural advice. They also assess the broader digital agriculture ecosystem, identifying opportunities to strengthen infrastructure, data systems, and farmer access to technology, ultimately promoting more sustainable and efficient farming practices.
The “Ethiopia Water Resilience Diagnostic: National Review of Water Resources” is a comprehensive report produced by Arup in collaboration with the World Bank. It provides an in-depth analysis of Ethiopia’s water resources, assessing current challenges and future risks related to water availability, quality, and management. The report identifies key vulnerabilities in Ethiopia’s water infrastructure and governance, offering strategic recommendations to enhance resilience, improve water security, and support sustainable development in the face of climate change and population growth.
FINANCIAL REVIEW 06
TF072537 (Phase 3) and TF074033 (Phase 4) - KGGTF Trust Fund CY2024
ANNEX 1
KPI ACHIEVEMENTS IN PHASE 3
(2020–2024)
As of the end of CY 2024, the KGGTF has completed its Phase 3 operations (2020–2024). Over this period, KGGTF achieved outstanding progress across its KPI targets, with an overall average performance of 175%, exceeding the projected target by 75%. Each of the four Outcome Pillars recorded strong or exceptional results:
• Pillar 1 – Green Growth Investment Mobilization: 205% of the target achieved
• Pillar 2 – Green Growth Policy Adoption: 120% of the target achieved
• Pillar 3 – Capacity, Knowledge, and Technology: 197% of the target achieved
• Pillar 4 – Partnerships and Collaborations: 146% of the target achieved
This performance highlights KGGTF’s effectiveness in mobilizing finance, supporting policy reforms, building capacity, and enhancing partnerships for green growth.
1.3.1. Total number of co-financings to WB lending projects linked to KGGTF funded activities including counterpart funding and other sources (e.g., ADB, AIIB, EDCF, GCF and GEF)
1.3.2. Total value of co-financing to WB lending projects linked to KGGTF funded activities including counterpart funding and other sources (e.g., ADB, AIIB, EDCF, GCF and GEF)
1.4.1 Total number of commercial financings to WB lending influenced by KGGTF funded activities *New in 2024*1
1.4.2. Total value of commercial financing to WB lending influenced by KGGTF funded activities *New in 2024* N/A $2,629,510,000 N/A
Adoption of Green Growth Policies, Regulations, Strategies, and Initiatives
2.1.1. Number of green growth policies, regulations, strategies, and initiatives adopted by client countries that were influenced by KGGTF funded activities and outputs
2.1.2. Number of client countries adopting green growth policies, regulations, strategies, and initiatives that were influenced by KGGTF funded activities and outputs
2.2.1. Number of KGGTF funded outputs delivered to WB Management and CMUs which influenced WB strategies, country engagements and project development
2.2.2. Number of client countries for which CMU used KGGTF funded outputs to influence country engagements and project development
Increased Capacity, Knowledge, and Technologies to Implement Green Growth in Action
3.1.1. Number of Knowledge Exchange programs supported by KGGTF funded activities *Virtual KEs must be more than half day.
3.1.2. Number of WB staff, government officials & technical representatives of client countries that participated in Knowledge Exchange programs supported by KGGTF funded activities
3.1.3. Number of client countries that participated in Knowledge Exchange programs supported by KGGTF funded activities
3.1.4. Number of Korean organizations that participated in Knowledge Exchange programs supported by KGGTF funded activities
3.2.1. Number of in-country capacity-building activities* supported by KGGTF funded activities *including workshops for dissemination of outputs/findings
3.2.2. Number of participants in in-country capacity-building activities supported by KGGTF funded activities *including workshops for dissemination of outputs/findings
3.2.3. Number of client countries that participated in in-country capacity building activities* supported by KGGTF funded activities *including workshops for dissemination of outputs/findings
3.2.4. Number of Korean organizations represented in in-country capacity-building activities supported by KGGTF funded activities *including workshops for dissemination of outputs/findings
3.3.1. Number of knowledge products to transfer green growth technologies and solutions, created by KGGTF grants
3.3.2. Number of knowledge products to transfer green growth technologies and solutions, disseminated by KGGTF Team
Strengthened Partnerships and Collaborations to Advance Green Growth
4.1.1. Number of partnerships and/or collaborations between KGGTF grant teams and all external organizations (Korean & Non-Korean)
4.1.2. Number of partnerships and/or collaborations between KGGTF grant teams and Korean organizations
4.2.1. Number of collaborations with external organizations (Korean & Non-Korean) including joint initiatives and active participation at knowledge sharing events organized by the KGGTF Team
4.2.2. Number of collaborations with Korean organizations including joint initiatives and active participation at knowledge sharing events organized by the KGGTF Team
Uganda
Uganda, Tanzania, SA
West
EAST ASIA & PACIFIC
Cambodia
Cambodia; Lao PDR; Myanmar; Thailand; Vietnam
China; Indonesia; Mongolia; Philippines
Indonesia
Indonesia Transport Greening the Maritime Sector in Eastern Indonesia
Indonesia Water Support to Development of National Program for Citywide Inclusive Sanitation
Indonesia Urban, Rural & Land City Planning Labs and Spatial Planning
Indonesia Urban, Rural & Land Sustainable Urban Growth Analytics and Planning
Indonesia, Lao PDR, Philippines
& Natural Resources East Asia Air Quality Management Program: A Regional Approach to Improving Air Quality and Promoting Green Growth
Indonesia, Philippines
Colombia Environment & Natural Resources Support to the Colombia Green Growth Policy
Colombia Water Water Initiatives to Support Green Growth and Sustainable Cities in Colombia
Colombia Water Greening Cities through a Water-Centric Urban Planning Approach
Dominica Agriculture Smart Farming for Agricultural Development in Dominica
Ecuador Energy & Extractives Supporting Ecuador’s Energy Transition through an Energy Storage Program
Ecuador, Colombia Digital Development Intelligent Transport Systems, smart-city and digital tools to improve urban mobility in LAC cities
Guatemala Digital Development Using ICT to Increase Green Competitiveness in Guatemala
Haiti Environment & Natural Resources Green jobs in Haiti through enhanced resource efficiency, renewable energy and waste management in industrial parks
Haiti Energy & Extractives Haiti Green Growth Through Renewable Energy Integration
Honduras Agriculture Policy Support to Establish a Digital Agricultural Information System for Climate-Resilient Food Security in Honduras
Honduras Energy & Extractives Tackling Power Sector Barriers for Green Growth in Honduras
Mexico Agriculture An agri-tech smart farm pilot for greening growth in Mexico’s post COVID-19 recovery Piloting Smart Farms in Mexicos Agri-tech Platform B/E
Mexico Urban, Rural & Land Strengthening Mexico’s Capacity for Integrated Solid Waste Management
Closed $500,000
Closed $300,000
Closed $200,000
MIDDLE EAST AND NORTH AFRICA
Active $600,000
Closed $605,000
Closed $450,000
SOUTH ASIA
India
India
India
India
India,
India,
PARTNER MAP ANNEX 3 K-PARTNERS
ACADEMY
AAsian Forest Cooperation Organization (AFoCO)
AFoCO is an intergovernmental organization in Asia that promotes sustainable forest management by strengthening regional forest cooperation, enhancing capacities, and implementing forestry-related projects to address climate change and environmental challenges.
APEC Climate Center (APCC)
APCC is leading the development of climate prediction technology to increase the accuracy and reliability of climate forecasts. They utilize state-of-the-art technologies and conduct research and development on the analysis and prediction of global climate change.
CCarbon-Free Alliance (CF Alliance)
Launched in October 2023, the CF Alliance was proposed by the president of South Korea. It is a private-led cooperative organization pushing the CFE Initiative, a global campaign to accelerate the achievement of carbon neutrality by promoting extensive utilization of various carbon-free energy sources according to each circumstance.
CityNet
CityNet is the largest association of urban stakeholders committed to sustainable development in the Asia Pacific region. Established in 1987 with the support of UNESCAP, UNDP and UN-Habitat, the Network of cities has grown to include over 160 municipalities, NGOs, private companies and research centers.
E
Electronics and Telecommunications Research Institute (ETRI)
ETRI is a national AI research institute that contributes to the nation’s economic and social development through research, development and distribution of industrial core technologies in the fields of Information, Communications, Electronics, Broadcasting and Convergence technologies.
Enclion
Enclion develops hydrogen fuel cell generators for portable power solutions, including small mobile generators and wireless drone power systems. Enclion aims to innovate in the field of clean energy by providing sustainable energy solutions for various industries, leveraging hydrogen technology for efficient and environmentally friendly power generation.
Ewha Womans University
Ewha Womans University is a private women’s university in Seoul founded in 1886. Ewha is one of the world’s largest female educational institutes and one of the most prestigious universities in South Korea.
Export-Import Bank of Korea (KEXIM)
KEXIM is an official export credit agency. The bank provides export credit and guarantee programs to support Korean enterprises in conducting overseas business and offers products and services including trade finance, overseas investment credit, natural resources development credit, import credit and information services.
FDOHWA Engineering Co., LTD
DOHWA Engineering is a South Korean engineering and construction consulting firm. It provides services in infrastructure development, urban planning, and environmental management. DOHWA contributes to national and international projects, focusing on sustainable development in sectors like water resources, transportation, and environmental engineering.
FAO Partnership and Liaison Office in the Republic of Korea (FAO Korea)
As a specialized UN agency, FAO leads global efforts to end hunger and poverty. With 194 member states and operations in over 130 countries, FAO supports the transformation to more efficient, inclusive, resilient, and sustainable agri-food systems—advancing the SDGs through its vision of better production, better nutrition, a better environment, and a better life for all.
GGlobal Green Growth Institute (GGGI)
GGGI is a treaty-based international, inter-governmental organization dedicated to supporting and promoting strong, inclusive and sustainable economic growth in developing countries and emerging economies.
Global Knowledge Exchange & Development Center (GKEDC)
The GKEDC is an open space for learning and exchanging knowledge on Korea’s socio-economic development experience. GKEDC offers exhibition of artifacts, documents and interactive learning programs on economic development, industrial development, human story, and future innovation.
Goyang Special City Government
Goyang Special City Government focuses on urban development and sustainability initiatives, including smart city projects, green spaces, and eco-friendly infrastructure. The city promotes policies aimed at enhancing the quality of life for residents while advancing green growth strategies.
Gyeonggi Housing & Urban Development Corporation (GH)
GH is a public entity dedicated to improving housing welfare, urban regeneration, and balanced regional development. It focuses on providing sustainable housing solutions, developing and managing industrial complexes, and improving public infrastructure to enhance the quality of life in Gyeonggi Province. GH plays a vital role in driving regional growth and sustainability by fostering a sustainable environment and creating jobs.
HHyundai Motor Chung Mong-Koo Foundation Ondream Society
A philanthropic foundation by Hyundai Motors with a focus on creating a sustainable and inclusive future through innovation and collaboration. The foundations’ social knowledge platform, Ondream Society, provides a space for various venture companies in climate tech and operates an ESG college and diverse programs for the youth.
Korea Energy Agency (KEA)
KEA is a governmental agency that carries out national energy policies for energy efficiency improvement, new and renewable energy dissemination and climate change mitigation for smart and efficient demand side management based on Energy Use Rationalization Act.
Korea Energy Technology Evaluation and Planning (KETEP)
KETEP is a government-affiliated research organization in South Korea that focuses on energy and environment issues through research, policy development, and technology evaluations. It collaborates with other organizations to promote energy efficiency and reduce greenhouse gas emissions, with the goal of contributing to the sustainable development of the Korean economy and enhancing quality of life.
Korea Environmental Corporation (KECO)
Korea Environment Corporation (KECO) is a governmentaffiliated organization dedicated to promoting environmental sustainability in South Korea. It provides comprehensive services including waste management, water quality monitoring, and air pollution control. KECO also supports environmental policy development and implements programs to reduce greenhouse gas emissions and enhance eco-friendly practices nationwide.
Korea Environmental Industry & Technology Institute (KEITI)
KEITI is committed to achieving both environmental protection and economic growth inside and outside of Korea.
KEITI financially supports the creation of environmental technologies, nurturing environmental industries and promoting an eco-friendly lifestyle. KEITI is responsible for overseeing Korea’s Environmental ODA.
Korea Environment Institute (KEI)
KEI is the national leading think tank on environmental policies and environmental impact assessment. KEI engages actively in the research and development of environmental policies and technology in the areas of air pollution, water quality, waste management, ecosystem protection and sustainable development. Furthermore, KEI is mandated to review the statement of environmental impact assessment on the major development projects.
Korea Expressway Corporation (KEC)
KEC constructs and manages expressways throughout Korea. The corporation uses IT technologies to develop truly “intelligent highways” and promotes “smart highways” that will seamlessly integrate people, automobiles, and roads.
Korea Fisheries Infrastructure Public Agency (FIPA)
FIPA works to develop and manage fishing villages and ports, efficiently preserve and use fisheries, advance related technology, and promote tourism. The organization aims to create added values from oceans and fisheries and contribute to balanced economic development and a better quality of life.
Korea Fisheries Resources Agency (FIRA)
FIRA aims to ameliorate the marine environment through fostering marine forestation. The organization focuses on building an abundant marine ecosystem, including the establishment of spawning nursery grounds, the release of marine seeds and the implementation of Total Allowable Catch for the systematic management of fisheries production.
Korea Forest Service (KFS)
KFS is responsible for the establishment and implementation of forest policies and laws. KFS implements forest policies that support the public with improving quality of life by offering recreation forests, forest restoration and support, mountaineering services, and the expansion of urban green spaces.
Korea Forestry Promotion Institute (KOFPI)
KOFPI promotes forestry by increasing the income of forestry workers and creating high-value-added forestry industries through the practical use of research and development results in forest science and the production, distribution, and information sharing of forest products.
Korea Hydrographic and Oceanographic Agency (KHOA)
KHOA provides observations data about the ocean. The data includes oceanographic observation data such as tidal observation, water temperature and salinity observation, tidal benchmark surveys, and sea parting surveys as well as hydrographic survey data such as types and methods, current hydrographic surveys and plans, coastline survey and coastal waters survey.
Korea Industrial Complex Corporation (KICOX)
KICOX is a government-affiliated organization focused on the development and management of industrial complexes in South Korea. It supports businesses by providing infrastructure and fostering innovation within these complexes. KICOX also promotes collaboration between government, industry, and academia to drive economic growth and sustainability in the industrial sector.
Korea Institute for Advancement of Technology (KIAT)
KIAT was established with the aim of promoting innovation in industrial technology. It is involved in various projects and policies to support industrial technology innovation, including the transfer and commercialization of industrial technology, developing industrial technology experts, regulatory innovation, and nurturing small and mediumsized enterprises. KIAT also implements grant-based ODA programs related to industrial technology and energy.
Korea Institute for Animal Products Quality Evaluation (KAPE)
KAPE is a public institution that certifies livestock products that have been produced by farms and conducts scientific grade-based assessments of livestock products to provide new value, maintaining the livestock products traceability system to increase trust and contribute to the healthy and happy lives of the people.
Korea Institute of Aviation Safety Technology (KIAST)
KIAST is a specialized aviation safety institute that promotes aviation safety technologies and supports aviation policies aimed at preventing accidents using safety data and information. It also fosters the development of the drone industry by building infrastructure, enhancing regulations, providing funding, and supporting companies.
Korea Institute of Civil Engineering and Building Technology (KICT)
KICT contributes to the development of the Korean construction industry, improves quality of life standards, furthers national economic growth, and improves social welfare. It promotes original technology in the fields of land, infrastructure, and construction.
Korea Institute of Industrial Technology (KITECH)
KITECH was founded in 1989 to support industry sector especially SMEs as an application-oriented research institute and has been trying to take the lead in this flow. KITECH focuses on 3 key research areas: advanced manufacturing technology, industrial technology convergence, and sustainable manufacturing system technology.
Korea Institute of Ocean Science and Technology (KIOST)
KIOST strives to develop cutting-edge scientific technology and acquire new knowledge to discover advanced life, minerals, and energy resources in the ocean and establish future-oriented port city infrastructure and coastal landscapes.
Korea Investment & Securities
Korea Investment & Securities is a leading financial institution in South Korea offering a wide range of investment services, including asset management, securities trading, and investment banking. The company focuses on supporting sustainable investments and providing financial solutions that align with ESG (Environmental, Social, and Governance) principles.
Korea Land and Geospatial Information X Corporation (LX)
LX is a semi-governmental agency under Korea’s Ministry of Land, Infrastructure, and Transport (MOLIT). LX specializes in providing technical assistance for ICT platforms related to land and geospatial information, as well as managing geospatial datasets and supporting training and capacitybuilding initiatives.
Korea Land and Housing Corporation (LH)
LH Corporation is a government-affiliated organization focused on providing affordable housing and promoting sustainable urban development. It leads projects in ICTbased smart city development, urban regeneration, and public housing construction. LH also contributes to national efforts to alleviate housing shortages and support balanced regional growth through effective urban planning and infrastructure development.
Korea Local Information Research & Development Institute (KLID)
KLID is a public institution under the Ministry of the Interior and Safety in South Korea. It aims to improve local governance and public administration by developing e-government initiatives and providing ICT solutions to local governments. KLID focuses on enhancing administrative efficiency and service quality through the development of national standard information systems. Additionally, it plays a key role in reducing the regional information gap and promoting balanced regional development.
Korea Marine Environment Management Corporation (KOEM)
KOEM works to preserve and protect our ocean, implementing various projects such as disposing marine litter, restoring the marine ecosystem, designating and managing Marine Protected Areas (MPAs), responding to oil spills, and operating the Marine Environment Research and Training Institute.
Korea Maritime Institute (KMI)
KMI is a policymaking think tank for Korea’s maritime and fisheries industry. The institution conducts systematic and comprehensive research on current issues related to the marine, fisheries, shipping, and ports industries, as well as national policy.
Korea Meteorological Administration (KMA)
KMA is the national meteorological agency of South Korea, responsible for providing weather forecasts, warnings, and other meteorological services to the public and various industries. The KMA operates a network of observation stations across the country and employs advanced technologies to monitor and analyze weather patterns.
Korea Meteorological Institute (KMITI)
KMITI is a public institution, established to promote the meteorological industry and support the utilization of weather information. The institute is leading innovative growth of the industry by supporting R&D, technology commercialization, and entry to global market. It also contributes to the climate change response by developing and implementing meteorological modernization projects in developing countries.
Korea National Railway (KNR)
Korea National Railway (KNR) is a state-owned entity responsible for planning, constructing, and managing South Korea’s rail infrastructure. It focuses on expanding the rail network, enhancing safety, and promoting ecofriendly transportation. KNR aims to innovate and improve efficiency to support sustainable development and meet public and economic demands. The organization is committed to making South Korea a leading player in the global railway industry.
Korea National University of Transport (KNUT)
Korea National University of Transportation (KNUT) is the only university in Korea specializing in transportation, with a 111-year history. It aims to nurture global leaders and innovative specialists equipped to tackle modern mobility challenges. KNUT focuses on advancing transportation systems, logistics, and infrastructure development, fostering research and education to contribute to the future of sustainable and efficient transport solutions.
Korea Overseas Infrastructure & Urban Development Corporation (KIND)
KIND is an organization established in June 2018 by the government of the Republic of Korea to support global Public-Private Partnership (PPP) business. KIND supports Korean companies for project planning, feasibility studies, project information and project bankability. Through the activities KIND is aiming to contribute to life quality improvement and sustainable growth in the partner countries.
Korea Photovoltaic Industry Association (KOPIA)
KOPIA is the only government-recognized national association dedicated to the photovoltaic industry in South Korea. With around 90 members across the entire PV value chain, it supports industry growth through collaboration, research, policy advocacy, and technology development. KOPIA aims to enhance the competitiveness of the solar energy sector and promote sustainable energy solutions. Its efforts focus on advancing innovation and fostering cooperation among stakeholders.
Korea Power Exchange (KPX)
KPX is the quasi-government agency under the Ministry of Trade, Industry and Energy responsible for fair and transparent operation of the electricity market and efficient operation of the electric power system and grid in Korea.
Korea Railway Association (KORASS)
KORASS represents South Korea’s railway industry, fostering advancements in rail technology, infrastructure, and smart mobility solutions. It promotes industry collaboration, standardization, and innovation in high-speed rail, signaling, and safety systems. Through research, policy advocacy, and training programs, KORASS enhances global railway development and modernization.
Korea Real Estate Board (REB)
REB, a state-owned enterprise, formerly known as Korea Appraisal Board (KAB), is responsible for real estate assessment, price statistics, market management, appraisal review, expropriation and compensation services, urban renewal consulting, green building certification, and R&D.
Korea Research Institute for Human Settlements (KRIHS)
KRIHS conducts research on the efficient use, development, and conservation of territorial resources and contributes to sustainable territorial development, balancing development and conservation, and housing and infrastructure provision.
Korea Resource Circulation Agency (KORA)
KORA promotes the public interest by achieving recycling obligations on behalf of producers and importers of EPR products and packaging and stabilizing the recycling industry by creating a stable supply and demand for recyclable resources.
Korea Rural Community Corporation (KRC)
KRC is responsible for rural development and maintenance of agricultural infrastructure such as reservoirs, dams, and irrigation facilities, operation of Farmland Bank to secure efficient use of farmland, reclamation, and rural community development.
Korea Rural Economic Institute (KREI)
KREI is a leading research organization dedicated to enhancing South Korea’s rural economy and promoting sustainable agriculture. It conducts comprehensive research on agricultural policies, rural development, and food security, providing data-driven insights to guide effective policymaking. KREI’s work supports the development of strategies to strengthen the agricultural sector and improve the livelihoods of rural communities.
Korea Smart Grid Institute (KSGI)
KSGI implements Korea’s Smart Grid Initiative aimed at modernizing electric power systems and managing the government’s Smart Grid Roadmap and develops technology that converges electric power and IT to build a nationwide Smart Grid and achieve low carbon green society.
Korea Telecom (KT)
KT Corporation is a leading telecommunications provider in South Korea, offering services such as mobile, internet, and fixed-line communications. The company is at the forefront of technological advancements, focusing on 5G, AI, big data, and cloud computing to drive digital infrastructure and innovation in the country.
Korea Trade-Investment Promotion Agency (KOTRA)
KOTRA is a government agency dedicated to promoting international trade and investment for South Korea. It helps Korean businesses expand globally and attracts foreign investment by providing services such as market research, organizing trade fairs, and offering investment consultations. KOTRA plays a key role in fostering economic cooperation between South Korea and other countries, contributing to the country’s economic growth and global competitiveness.
Korea Transport Institute (KOTI)
KOTI is a leading national think tank in Korea’s transport and logistics sector. KOTI provides recommendations for the nation’s transport policy and human centered highly convenient transport systems and creates an efficient transport system through technical innovations.
Korean Transport Safety Authority (KOTSA)
KOTSA is a government agency responsible for enhancing transportation safety across South Korea. It conducts inspections, certifications, and research aimed at reducing accidents and improving safety standards in road, rail, and aviation sectors. KOTSA also promotes the adoption of technological innovations and establishes regulatory standards to ensure safer and more efficient transport systems, contributing to the overall safety and well-being of the public.
Korea Water and Wastewater Works Association (KWWA)
As a specialized institution in the field of water, based on Article 56 of the Water Supply and Waterworks Installation Act, KWWA aims to secure and supply clean water in water and wastewater operation and management by preserving water quality and securing stability in water and wastewater operation.
Kyung Hee University Global Campus
Kyung Hee University Global Campus focuses on fields such as engineering, applied sciences, life sciences, and international studies. It is recognized for programs in genetic engineering, biomedical engineering, sports medicine, and nuclear engineering. The campus also houses advanced research centers like the Medical R&D Center, contributing to innovation in biotechnology and sustainable development.
LLG CNS
LG CNS is a leading IT services company in South Korea, specializing in digital transformation and smart technology solutions. The company is actively involved in green growth initiatives, leveraging its expertise in smart grids, renewable energy, and energy-efficient data centers to support sustainable development. LG CNS focuses on reducing carbon emissions through innovative digital technologies.
Ministry of Agriculture, Food and Rural Affairs (MAFRA) of Korea
MAFRA is responsible for developing policies related to agriculture, food, and rural areas. MAFRA aims to enhance the competitiveness of the agricultural sector, promote sustainable rural development, and ensure food safety for the public. Its mission is to contribute to the nation’s economic growth and social stability by ensuring a stable food supply and promoting sustainable rural development.
Ministry of Economy and Finance (MOEF) of Korea
MOEF is committed to developing a strong economy and building growth engines through the concerted efforts of its offices and bureaus. The Ministry works to ensure macroeconomic and financial stability, effective policy coordination, efficient allocation of national resources, fiscal soundness, rational tax policies, and robust international cooperation.
Ministry of Environment (MOE) of Korea
MOE oversees environmental protection in Korea by enforcing laws and regulations, sponsoring ecological research, planning mid to long term comprehensive measures for environmental conservation, providing administrative and financial support for environmental management to local government and promoting international cooperation on climate change and carbon neutrality.
Ministry of Land, Infrastructure and Transport (MOLIT) of Korea
MOLIT is responsible for establishing and coordinating national territory policy and basic laws related to national territory, preserving and developing national territory and water resources, construction of urban, road and housing, construction of coastal, river, and land reclamation, and land reclamation.
Ministry of Oceans and Fisheries (MOF) of Korea
MOF is responsible for maritime and fisheries sectors including the promotion of maritime safety and security, the protection of the marine environment, the development of port and fishing ports, the research and development on polar issues to the management and sustainable use of fishery resources and the promotion of marine leisure activities.
Ministry of Science and ICT (MSIT) of Korea
MSIT focuses on accelerating innovation across society through building an environment that promotes autonomous and audacious research, securing source technologies and growth engines and converging science and technology with ICT in Korea.
Ministry of Trade, Industry and Energy (MOTIE) of Korea
MOTIE regulates economic policies related to the industrial and energy sectors and encourages foreign investment in the areas of commerce, investment, industry and energy in Korea. MOTIE helps to reinforce traditional industrial strengths while developing new growth engines.
NNational Federation of Fisheries Cooperatives (Suhyup)
Suhyup develops fishing villages through a democratic, cooperative organization to enhance the social and economic status of fishermen, and to increase the incomes of fishing households and their capacity to produce fishery products.
National Fishery Products Quality Management Service (NFQS)
NFQS is responsible for quarantine and inspection of exporting and importing fish and fishery products. NFQS quarantines aquatic organisms for transplantation and serves as a guide for information-oriented administration and scientific development to provide safe and quality fish and fisheries products.
National Geographic Information Institute (NGII)
NGII promotes spatial information and technology for managing geodetic VLBI center, setting up threedimensional aerial information, modifying national base map in real time and establishing human geographical DB. The institute conducts research and development on spatial information, provides geographic training services and strengthens international cooperation.
National Information Society Agency (NIA)
NIA is a national think tank for information and digital transformation. NIA provides optimal methodologies, strategies, and solutions. Priority sectors include ICT Policy, ICT Convergence (Healthcare and welfare, Education and culture, Land and transport, Environment, etc.), Digital culture, Big Data, Open data and Innovation, E-Governance, ICT Platforms and Services (AI, Cloud, Network, etc.)
National Institute of Green Technology KOREA (NIGT)
NIGT is a government-funded think tank that coordinates and supports South Korea’s green technology R&D policies in collaboration with various ministries and agencies. It conducts research and promotes the commercialization of green technologies to address environmental challenges and advance the nation’s green growth initiatives. NIGT also serves as a hub for global cooperation in green technology, facilitating international partnerships and knowledge exchange to drive sustainable development.
National IT Industry Promotion Agency (NIPA)
NIPA is a government-affiliated agency that supports the growth of the IT industry through technology development, commercialization support, and global market expansion assistance. NIPA’s mission is to foster a collaborative environment among industry, academia, and government to create a thriving IT ecosystem and contribute to the nation’s social and economic development.
Naver
Naver, South Korea’s largest internet company, is committed to reducing its environmental impact through sustainable practices. As part of its broader corporate social responsibility efforts, the company focuses on green data centers, renewable energy usage, and eco-friendly operations.
NH Investment & Securities
NH Investment & Securities provides financial services with a focus on sustainable investment opportunities. The company integrates ESG factors into its investment strategies, supporting projects that promote green growth and long-term sustainability.
PPresidential Commission on Carbon Neutrality and Green Growth of the RoK (PCCNGG)
A cross-organizational presidential commission under the supervision of the prime minister of ROK, ensuring the basic direction for Korea’s transition to a Carbon-Neutral society by implementing a coherent national vision and mid-to-long term goals and policies while promoting public understanding and domestic and international cooperation on Korea’s Carbon-Neutral goals.
R
Rural Development Administration (RDA)
RDA is a government organization dedicated to advancing rural development and sustainable farming in South Korea through agricultural research and innovation. It works to improve the quality of rural life by developing and disseminating cost-effective, high-quality technologies in various fields, including crop production, horticulture, herbal medicine, and animal sciences. RDA’s efforts aim to boost productivity, reduce costs, and support sustainable agricultural practices to ensure the long-term prosperity of rural communities.
SSeoul Energy Corporation (SEC)
SEC is a public enterprise based in Seoul focused on promoting sustainable energy solutions and reducing the city’s carbon footprint. It develops and implements renewable energy projects, energy efficiency programs, and eco-friendly initiatives to support Seoul’s transition to a greener, more energy-efficient future.
Seoul Metropolitan Government (SMG)
SMG is a local government of South Korea, dealing with and responsible for the administrative affairs for the capital city of South Korea. SMG shares its knowledge and best practices with partner cities, international organizations and MDBs and provides policy consulting on urban development projects.
Shinhan Card
Shinhan Card is a prominent financial services provider, specializing in credit cards and digital payment solutions. The company utilizes advanced data analytics to provide personalized services and enhance user experiences. Committed to sustainability, Shinhan Card actively pursues carbon neutrality initiatives.
A subsidiary of SK Inc, SK ecoplant is a general construction contracting company offering engineering, procurement and construction (EPC) services in the areas of housing, petrochemical, infrastructure, industrial, and technology sectors. The company has been focusing on green innovations to execute the construction of residential buildings, intelligent buildings, cultural facilities, hostels, sports complexes and other construction and engineeringrelated projects.
Sudokwon Landfill Site Management Corporation (SLC)
SLC is a government-affiliated organization in South Korea that manages and operates the largest landfill site in the country. Its mission is to provide safe and efficient waste management, reduce environmental pollution, and promote sustainable development practices. In addition, SLC applies amassed waste collection techniques and utilizes landfill methane as fuel to drive power generators to minimize environmental impacts.
Seoul National University (SNU)
Seoul National University is considered the most prestigious university in South Korea as a Community of Knowledge which leads the future. The university envisions fostering global convergence talent, building an innovative knowledge ecosystem, creating knowledge-based social values, and establishing a foundation for sustainable university development.
Seoul Urban Solutions Agency (SUSA)
SUSA is a public organization established by the Seoul Metropolitan Government (SMG) to share Seoul’s expertise in smart and sustainable urban development. It provides comprehensive urban solutions and policy support to cities worldwide, offering services ranging from project consultation to implementation and evaluation. By leveraging both public and private sector expertise, SUSA fosters collaboration to drive sustainable urban growth.
TThe SK Center for Social Value Enhancement Studies (CSES)
CSES was established in 2018 to promote the integration of social value into economic activities. It envisions a market system where social impact is recognized and rewarded, encouraging businesses to actively engage in solving social issues. CSES serves as a platform for research and collaboration to advance social innovation and sustainable development.
UUniversity of Seoul (UOS)
UOS is a public university funded by the Seoul Metropolitan Government. Founded in 1918, UOS has developed a reputation for its focus on addressing urban challenges and sustainable development. It is actively involved in research that supports the growth and improvement of metropolitan areas, making it a leading institution in urban innovation and policy studies.
UNDP Seoul Policy Centre
Part of the United Nations’ global development and policy network. The Policy Centre is central to supporting effective development cooperation, South-South and Triangular Cooperation and higher quality programming and action through cutting edge development research, policy dialogue and knowledge sharing on key development issues.
United Nations Project Office on Governance (UNPOG)
Part of the Division for Public Institutions and Digital Government (DPIDG) of the United Nations Department of Economic and Social Affairs (UN DESA). Its principal mission is to strengthen the public governance capacities of developing Member States in Asia and the Pacific and beyond to achieve the 2030 Agenda for Sustainable Development.
YThe United Nations entity dedicated to gender equality and the empowerment of women. A global champion for women and girls, UN Women was established to accelerate progress on meeting their needs worldwide.
Usingsea (Badasseugi)
Usingsea, also known as Badasseugi, focuses on ocean waste management and environmental protection. The company specializes in recycling and repurposing marine waste materials, contributing to the reduction of ocean pollution. Through its innovative approach, Usingsea aims to create eco-friendly artsy crafts while promoting the sustainable use of marine resources to preserve biodiversity.
Yeungnam University
Yeungnam University, established in 1967, offers a comprehensive range of undergraduate and graduate programs across 19 colleges and schools. It has been recognized in global university rankings, reflecting its commitment to quality education and research. The university also fosters international collaboration through academic partnerships with institutions worldwide, promoting global education and cultural exchange.
Yonsei University
Yonsei University is a leading institution in higher education and research, recognized for its strong programs in business, medicine, engineering, and social sciences. It is dedicated to cultivating global leaders through a focus on research, innovation, and international collaboration. Yonsei consistently aims to drive academic excellence and contribute to societal development.
