Policymakers must work effectively with the private sector to allow Cambodia to transition into the new green economy was a unity message by keynote speakers in today’s inaugural Cambodia Climate Change Summit (CCCS21).
In addition, the panel highlighted the Kingdom was ripe for green energy investment through multiple green financing options being offered by international development partners.
The CCC21 summit is bringing together a host of climate change experts, business leaders, and the public sector to take positive action against the impacts of climate change and to showcase Cambodia’s vision for a sustainable future.
Launching the day was Allen Dodgson Tan, Director General of the Mekong Future Institute, the non-profit Singapore-based think-tank holding the conference.
Tan outlined that policymakers working effectively with investors and the private sector will be a key factor in moving beyond policy and to action.
Pablo Kang the Australian Ambassador, Tine Redshaw the British Ambassador, Patrick Murphy the US Ambassador overall echoed that policymakers should set COVID 19 recovery initiatives with international climate goals
Adding, the embassies had a long history of supporting and helping Cambodia with infrastructure such as water irrigation as well as renewable energy blueprints for investors.
Cambodian Government Energy Minister Say Samal said the country was looking for a long-term transition strategy for its economy towards carbon neutrality.
He added shifting direct financing into green and sustainable development was becoming more popular for the international community and Cambodia was ready to utilize these finance options.
The conference is being organized along four themes reflecting a united approach to fighting the climate crisis and the timing of CCCS21 coincides with the opening of the COP26 UN Climate Change Conference in Glasgow.
The summit is being broadcast live from the Raffles Le Royal hotel – participants can join the summit streamed live here via Facebook.