The growing power of emerging economies is giving rise to new alliances and networks that are already having a significant influence on global processes. This shift in power means that global challenges such as combating climate change, structuring international trade and achieving international development goals can only be tackled successfully in partnership with these countries.
GIZ draws on its extensive expertise on global issues in its work with emerging economies. We operate on behalf of the German Government in fields such as financial market stability, economic growth, fair trade, climate change, water and the Millennium Development Goals.
This work involves our full range of services: we advise commissioning parties, bring together stakeholders, organise forums, produce studies, design training courses, manage funds and host the secretariat for important global processes. These include the Renewable Energy Policy Network for the 21st Century (REN21), the International Tax Compact (ITC) and the Global Compact Network Germany.
Trade, investment and development cooperation between developing countries and emerging economies has increased significantly over the last ten years. ‘South-South cooperation’ plays a pivotal role in driving economic development and know-how transfer in developing countries. Emerging economies act as both donors and strategic partners.
GIZ advises stakeholders in emerging economies on how to put in place their own structures and instruments for international cooperation. We also offer customised training for experts from these countries.
Triangular cooperation involves three partners: beneficiary countries receive support from emerging economies, or ‘new donors’, while traditional donors contribute their long-standing expertise. GIZ’s role is to provide tried-and-tested international cooperation solutions.
Mozambique is a case in point. On behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), GIZ is working with Brazil to support Mozambique’s National Institute of Metrology (measurement standards). In 2010, Germany and Brazil signed an agreement that lays the foundation for triangular cooperation in a number of African and Latin American states.
In this way, we help set global agendas and maximise the potential offered by cooperation between emerging economies and Germany, other industrialised countries and developing countries.