10th June, Phnom Penh, Cambodia – The Global Green Growth Institute and the Royal Government of Cambodia have signed the GGGI Country Planning Framework (CPF) 2021-2025.
The CPF is a five-year strategy that identifies the key green growth challenges facing Cambodia and determines priority interventions where GGGI can make significant environmental, social, and economic impacts. Four programmatic solutions are proposed for implementation over the next five years, with the aim of supporting Cambodia’s green growth aspirations:
- Waste and wastewater management – promoting a circular economy by increasing financially sustainable facilities and systems to collect and recycle waste, and establishing functional cost recovery mechanisms.
- Green industries – mobilizing finance for cleaner production and promoting sustainable energy practices to increase the competitiveness of Cambodia’s industry while decreasing its environmental footprint.
- Sustainable mobility – increasing access to sustainable transport solutions, including electric vehicles, by designing financing schemes and bankable projects to attract investment.
- Green buildings –policy and investment advice on improved energy management, building materials, and waste management solutions for the construction sector
With particular attention to the economic players and sectors hardest hit by the COVID19 pandemic, such as garment, tourism, and SMEs, the CPF articulates GGGI’s contribution to Cambodia’s green recovery. The CPF is designed to ensure that the Royal Government of Cambodia’s national development priorities remain at the center of GGGI’s interventions. As a founding member, the Royal Government of Cambodia has worked with GGGI to promote strong, inclusive, green growth since 2012. H.E. Say Samal, Chair of the National Council of Sustainable Development (NCSD) and Minister of Environment, signed the CPF and expressed his support for the ongoing cooperation with GGGI. The framework was also signed by Dr. Frank Rijsberman, GGGI’s Director General.
Read the CPF here.