Explanatory note
(This note is not part of the Order)
This Order confers the legal capacities of a body corporate on the Global Green Growth Institute (‘GGGI’), an international organisation established with the aim of promoting sustainable development of developing and emerging countries. The Agreement on the Establishment of the Global Green Growth Institute (‘the GGGI Agreement’) entered into force on 18 October 2012. The United Kingdom signed the GGGI Agreement on 20 June 2012.
Article 14 of the GGGI Agreement requires that GGGI have legal capacity. This Order will enable Her Majesty’s Government to give effect to its obligations under Article 14 and will come into force on the date that the GGGI Agreement enters into force with respect to the United Kingdom.
A full regulatory impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.