Cambodia and GGGI extend green growth partnership for next 5 years

PHNOM PENH – July 28, 2016 – The Global Green Growth Institute (GGGI) and the Royal Government of Cambodia’s National Council for Sustainable Development (NCSD) renewed their partnership today by signing a Memorandum of Understanding (MoU) for collaboration from 2016-2020.

Today’s milestone also included the launch of GGGI’s Cambodia Country Planning Framework 2016-2020. The launch event was co-organized by both GGGI and NCSD, and was presided over by H.E. Dr. Say Samal, Minister of Environment and Chair of the NCSD.

The signing of the MoU and the launching of GGGI’s Cambodia Country Planning Framework 2016-2020 demonstrated the strong partnership between the Royal Government of Cambodia and GGGI, and reinforced their joint commitment to contribute to global efforts on sustainable development and promote green growth cooperation in Cambodia.

The NCSD and GGGI partnership encourages multi-stakeholder involvement in green growth, especially the participation from the private sector for green growth cooperation.

“It is great to see representatives from the private sector and financial institutions participate in this event,” said H.E. Dr. Say Samal. “I do encourage the private sector and financial institutions to be part of the green growth implementation.”

The launching of the CPF 2016-2020 included presentations to key stakeholders from the public and private sectors on GGGI and NCSD’s strategic direction and the priority areas of engagement for green growth cooperation.

“The CPF is instrumental for the Royal Government of Cambodia to fulfill its ambition to promote and implement green growth in Cambodia,” H.E. Dr. Tin Ponlok, Secretary-General of the General Secretariat for Sustainable Development, “Under the CPF, NCSD and GGGI have laid our common goals, strategies, and action plans to materialize our shared ambition.”

Over 85 participants attended the launching of the CPF 2016-2020, including from the relevant ministries, capital city of Phnom Penh, the commercial banks, international organizations, non-government organizations and academia.

“This CPF is formulated considering the development challenges of Cambodia and aims to support its national priorities of green growth and climate change resilience, as embodied in the Rectangular Strategy Phase III and National Strategic Development Plan 2014-2018,” said Ms. Srabani Roy, GGGI’s Head of Program for Asia and the Pacific, who attended and spoke at the launching event. “It also aligns itself with the organizational priorities of GGGI, specifically its thematic focus areas and value chain delivery model”.

GGGI and the NCSD are currently partnering on the implementation of the Green Urban Development Program, to promote green city development in Phnom Penh, and support the city to mobilize resources for green investments.