AKP Phnom Penh, January 08, 2025 -- 

The Inter-Ministerial Green Finance Working Group led by the National Bank of Cambodia (NBC) held on Jan. 8 its inaugural meeting to consult with line ministries in order to prepare and draft policies, strategies, initiatives and mechanisms to support green financing and accelerate green investment activities in Cambodia. 

Chaired by H.E. Dr. Chea Serey, Governor of the NBC, the meeting was to share updates on the Royal Government of Cambodia's strategies, action plans and initiatives, to gather additional inputs on the development of Cambodia Sustainable Finance Roadmaps, Cambodia Green Finance Taxonomy and setting roles and duties of the working group as well as to discuss its priorities and future workplan. 

This inter-ministerial mechanism also provided opportunity for each member to share information and knowledge relevant to climate change mitigation, which is a goal for the globe as well as the Royal Government of Cambodia for sustainable development. 

The NBC, relevant ministries and institutions and Banking and Financial Institutions in Cambodia have been actively involved in promoting green finance to support sustainable and low-carbon economic growth. 

By Chea Vannak