Prime Minister Hun Sen shared his personal views at the 2nd Seoul Summit of Partnering for Green Growth and the Global Goals 2030 (P4G)
Phnom Penh: Prime Minister Hun Sen take part in the 2nd P4G Summit on May 31, Moon Jae-in, President of the Republic of Korea is a Chairman of this meeting.
During the 2nd Seoul Summit of Partnering for Green Growth and the Global Goals 2030 (P4G) on "Promoting Inclusive Green Recovery from Covid-19 Pandemic" 30-31 May 2021, via Video Conference, Samdech Techo HUN SEN, Prime Minister of the Kingdom of Cambodia shared his personal views related to today's topic on issues that meeting need to focus on as follows:
1st. Continuing to promote and support the principles of globalization through openness in international trades in order to enhance trade and economic growth, as well as adhering to multilateralism framework in addressing issues in all areas, especially related to climate change.
2nd Strengthening and expanding regional and international cooperation in relation to sustainable development and promoting the mainstreaming of the concept of green development, particularly in agriculture, urbanization, transportation infrastructure, circular economy, digital economy, and renewable energy.
3rd. Promoting the development of sustainable finance by creating a favorable environment to mobilize additional resources to ensure the sustainability of actions related to climate change prevention through formulation and implementation of green financing mechanism, Public-Private Partnership (PPP) mechanism, etc.
4th. Introducing incentives and key reform measures to encourage start-ups to innovate green business models and to encourage the private sector to enhance their focus in green investments, including the investments with positive spillovers on society and economy, and commercial investments in areas such as in green technologies and renewable energy,
5th. Promoting the development of green infrastructure and addressing basic infrastructure gaps by emphasizing the importance of promoting sustainable and responsible investments as well as enhancing the efficiency of utilization and investments in all sectors through promoting and incentivizing green industry development and the use of green technologies, and
6th. Enhancing the capacity for mitigation and adaptation to climate change through conserving natural resources, developing green parks and cities, and building stronger institutional capacity on research in responding to climate change as well as the needs in dealing the natural disasters.
The event was hosted virtually in Seoul on May 30-31 under the theme “Inclusive Green Recovery towards Carbon Neutrality”.
The P4G, or Partnering for Green Growth and the Global Goals 2030, is a global initiative launched in 2017 to serve as a multilateral forum for governments, businesses, and civil society to pool resources and generate innovative solutions that respond to climate change and make inroads towards achieving the UN Sustainable Development Goals (SDGs).