Cambodian Human Rights Committee Remarks on Recent Case of Detained Soldiers and Thai Response | CMAC Confirms Expertise on MK-84 Bomb as Evidence Supports Cambodia’s Claims | Cambodia Denies Thai Media Allegations of Drone Crossings and Urges Troop Return | Cambodia Urges Thailand to Match Words with Actions in Peace Efforts | BREAKING: Cambodia to Facilitate ASEAN Defence Observer Team Visit Along Border Regions in Support of Ceasefire Agreement | BREAKING: Two Suspects Detained in Phnom Penh Over Massive 562-Kilogram Drug Trafficking Case | BREAKING NEWS: Cambodia Responds to Alleged Thai Military Movements Near Border Areas | Breaking News: Hun Sen Warns of Possible Thai Military Strike, Cancels Senate Meeting Tomorrow | Cambodian Defense Spokesperson Reports Calm but Cautions About Possible Developments Along Border | Deputy Prime Minister Sar Sokha Issues Directive Prohibiting UAV Launches in Border Provinces Amid Sovereignty Concerns | Cambodian Leader Hun Sen Warns of Heightened Tensions, Says Military on High Alert as Diplomacy Continues | TOP NEWS: Cambodia Condemns Thai Forces’ Entry into Sovereign Territory, Calls for International Support | BREAKING: Prime Minister Hun Manet Addresses Status of 18 Cambodian Soldiers in Thai Custody | BREAKING: Senate President Hun Sen Questions Thailand’s Refusal to Return 18 Captured Cambodian Soldiers |
Cambodian Human Rights Committee Remarks on Recent Case of Detained Soldiers and Thai Response | CMAC Confirms Expertise on MK-84 Bomb as Evidence Supports Cambodia’s Claims | Cambodia Denies Thai Media Allegations of Drone Crossings and Urges Troop Return | Cambodia Urges Thailand to Match Words with Actions in Peace Efforts | BREAKING: Cambodia to Facilitate ASEAN Defence Observer Team Visit Along Border Regions in Support of Ceasefire Agreement | BREAKING: Two Suspects Detained in Phnom Penh Over Massive 562-Kilogram Drug Trafficking Case | BREAKING NEWS: Cambodia Responds to Alleged Thai Military Movements Near Border Areas | Breaking News: Hun Sen Warns of Possible Thai Military Strike, Cancels Senate Meeting Tomorrow | Cambodian Defense Spokesperson Reports Calm but Cautions About Possible Developments Along Border | Deputy Prime Minister Sar Sokha Issues Directive Prohibiting UAV Launches in Border Provinces Amid Sovereignty Concerns | Cambodian Leader Hun Sen Warns of Heightened Tensions, Says Military on High Alert as Diplomacy Continues | TOP NEWS: Cambodia Condemns Thai Forces’ Entry into Sovereign Territory, Calls for International Support | BREAKING: Prime Minister Hun Manet Addresses Status of 18 Cambodian Soldiers in Thai Custody | BREAKING: Senate President Hun Sen Questions Thailand’s Refusal to Return 18 Captured Cambodian Soldiers |

Australia Supports Cambodia's First Green Finance Initiative

  • Posted Sep 4, 2024 10:06 by EAC News
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Phnom Penh, September 4, 2024 — Climate finance is crucial for Cambodia's efforts to tackle climate change and build a net-zero economy. However, securing access to this funding remains a significant challenge for the country.

Australia is playing a key role in supporting Cambodia's Agricultural and Rural Development Bank (ARDB) through its partner, Mekong Strategic Capital (MSC), in the development of the Cambodia Climate Finance Facility (CCFF). This pioneering initiative aims to channel climate finance directly to Cambodia’s private sector, addressing the funding gap for climate-related projects.

The CCFF will be established within the ARDB and co-managed by MSC. It will be financed by the Green Climate Fund (GCF), the Cambodian government, and other co-financiers, with an initial capital commitment of USD 100 million.

Supported by Australia's CAPRED program, the CCFF is expected to become operational by mid-2025. The facility will provide long-term financing for projects focused on climate change mitigation and adaptation, helping to strengthen Cambodia's climate resilience.

Building climate resilience is a key component of Australia's partnership with Cambodia, as both nations work towards resilient, inclusive, and sustainable economic development.


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