The Green Transition Investment Program in Southeast Asia (GTIP)

Description What is done in the programme or project and why, what results are pursued, who benefits from the activities and who are involved in the implementation.

The Green Transition Investment Program (GTIP) accelerates the green transition of partner ASEAN lower-middle income countries (LMICs) by mobilizing investments in selected sectors in Indonesia, the Philippines and Vietnam. GTIP is coordinated by intergovernmental organization Global Green Growth Institute (GGGI).The Programme covers three sub-thematic areas: waste management, sustainable forestry and circular economy. During three years of implementation, the Programme will aim to mobilize 100 MEUR investments for green transition. Based on an initial investment pipeline and analysis, GTIP will eventually select a minimum of two bankable projects or funds for further development and investor commitment stage. GTIP includes also a technical vocational education and training (TVET) component that will be designed and implemented together with local and FInnish TVET institutions. This component will prepare the workforce with the skills needed to meet the demands of green labor markets. The results of the training program, including identified gaps and opportunities, will inform the recommendations for green vocational training policy for the target countries.