2023-05-17
On 17th May 2023, at the invitation of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), Her Excellency Dr. Chea Serey, Deputy Governor of the National Bank of Cambodia, participated in UNESCAP’s “79th Session of the Economic and Social Commission for Asia and the Pacific” at its headquarter in Bangkok, Thailand.
Her Excellency was invited to share the central bank’s view on the topic of “Catalysing Climate Finance and Investment ” in a panel discussion with Ministers of finance and Minister of Environment of countries in the Asia Pacific region. H.E Serey shared some of the work the National Bank of Cambodia has done in its role as bank supervisor to help banks manage financial risk related to climate change and at the same time help create an enabling environment for banks to source and channel needed funding to finance green projects in Cambodia. Her Excellency also urges countries in similar position as Cambodia being a low carbon emitter but vulnerable to climate change to step up effort in collaboration with development partners to find financing solutions to channel more needed resource to climate change adaptation projects.
