ADB and the Nordic Development Fund established the Project Readiness Improvement Trust Fund to help design procurement ready, climate change responsive infrastructure projects. The Project Readiness Improvement Trust Fund supports infrastructure projects in Southeast Asia that help member countries mitigate and adapt to climate change and deliver their intended Nationally Determined Contributions to the Paris […]
Cambodia’s Ministry of Mines and Energy on Thursday hosted an energy forum here to present the recently approved Power Development Masterplan (PDP) and National Energy Efficiency Policy (NEEP). Phnom Penh, March 16,2023: Cambodia’s Ministry of Mines and Energy on Thursday hosted an energy forum here to present the recently approved Power Development Masterplan (PDP) and […]
PHNOM PENH, CAMBODIA : The Asian Development Bank (ADB) and Cambodia Post Bank (CP Bank) signed a loan of up to $10 million to support the recovery of micro, small, and medium-sized enterprises (MSMEs) in Cambodia from the COVID-19 pandemic by expanding their access to finance. At least 50% of the proceeds are marked to […]
The Australian Embassy in Cambodia will support the generation of up 450 megawatts of solar energy by 2022, as the sun is one of the most economical and environmentally friendly energy sources on earth. Cambodia has a lot of potential for solar energy that can be used to produce up to 44,000 megawatts of solar […]
A raging health crisis has failed to stop the implementation of climate-friendly projects subsidised by Japan in Cambodia. These programmes are being, or will be, implemented under the expanded Joint Crediting Mechanism (JCM) Model Project of the Ministry of Environment Japan (MOEJ). The JCM is a programme in which the Japanese government (through the MOEJ) […]
Hong Lai Huat Group’s subsidiary HLH Agriculture (Cambodia) Co. has entered into a non-binding memorandum of understanding (MOU) with China Machinery Engineering Corporation (CMEC) for a solar farm project in Cambodia. Pursuant to the MOU, Hong Lai Huat and Hong Kong-listed CMEC will form a special purpose vehicle (SPV) to develop and operate a 200 […]
The drumbeat is growing louder for a shift to green technology and infrastructure throughout the world, including in Cambodia, which is still mostly reliant on “brown” energy consumption as it hopes to balance cost-efficient development with sustainable technology. At an Asian Vision Institute (AVI) webinar on Cambodia’s efforts to achieve its sustainable development goals (SDGs), […]
The Green Climate Fund (GCF) has granted $300 million to the Asian Development Bank (ADB) to assist in creating environmentally friendly infrastructure projects that aim to help economies in the region recover sustainably and create jobs. The ADB said the funds will be utilised by the ASEAN Catalytic Green Finance Facility’s (ACGF) Green Recovery Programme […]
The development of new energy economy is the historical trend and inevitable choice of the world today, becoming the source power of economic development in many countries and occupying a particularly crucial strategic position in the national economy. Cambodia, a country with better lighting in Southeast Asia, isendowed with the unique development potential of new […]