Cambodia Calls for Carbon Investment to Enhance Environmental Health

The Ministry of Environment has released a request for more carbon investment in Cambodia with the goal of enhancing the country's air, water, and soil cleanliness.

On March 26, in Phnom Penh, Minister Eang Sophalleth met with Hoang Anh Dung, CEO of Vietnam's Investment and Trading Consulting Company Limited (INTRACO Holding), to discuss this request. The Minister underlined that corporations from Japan, Singapore, and Vietnam are among the players involved in carbon trading that Cambodia is willing to share dividends with.

Hoang Anh Dung discussed the company's intentions to support the Ministry's environmental objectives by giving impoverished populations in isolated locations eco-friendly stoves and water filters. It is anticipated that this program will support international efforts to combat climate change by encouraging the use of clean energy sources and lowering emissions.

In addition to praising INTRACO Holding's proposal, Minister Sophalleth presented the Ministry's bold plan to boost carbon trade by 41.7 percent by 2030. This objective reflects Cambodia's commitment to global efforts to mitigate climate change and is consistent with Article 6 of the Paris Agreement on Climate Change.

The cooperation emphasizes Cambodia's proactive approach to promoting global environmental health through sustainable practices and the growing significance of cross-border partnerships in tackling environmental concerns.