More funds to fight climate change

More funds to fight climate change

The European Union yesterday pledged an additional €6 million to the Cambodia Climate Change Alliance Programme, as the 10-year plan, first implemented in 2010, entered its second phase of development.

While Cambodia ranked as the most at-risk to climate change out of 116 countries studied in a 2014 Standard & Poor’s report, it also receives the highest international aid per capita.

In addition to yesterday’s EU contribution – bringing the total pledge to $12.3 million, with a commitment of € 149 million over the next five years – Sweden has also pledged a record $580 million to the Green Climate Fund, which will help back the EU pledge.

“Climate change remains one of the most significant threats to poverty eradication and increasing growth in Cambodia,” said Setsuko Yamazaki, the country director for the UN Development Program. She cited 2013 floods, which killed nearly 200 people and inflicted $365 million in damages.

Yamazaki laid out a four-point plan intent on combating disasters like flooding and protecting the rural poor from slipping back into the levels of poverty the nation endured 30 years ago.

However, protecting local communities will be difficult, said UNDP deputy country director Napoleon Navarro. “There are not enough people who can implement [these strategies] at the community level.”

MOST VIEWED

  • Cambodia’s image problem

    In opening remarks at a recent event, Secretary of State at the Ministry of Foreign Affairs and International Cooperation Luy David said information can be a double-edged sword. He told a European Institute of Asian Studies (EIAS) briefing seminar that the media has unfairly presented

  • PM Hun Sen says dangers averted

    Delivering a campaign speech from his home via Facebook Live on Thursday, caretaker Prime Minister Hun Sen said his Cambodian People’s Party (CPP) had carried the country through danger in its latest mandate. He was specifically referring to the threat of a “colour revolution”

  • Kingdom's trade deal with EU questioned before poll

    A European Union (EU) mission met with senior government officials at the Ministry of Interior on Tuesday as the 28-member bloc monitors an agreement under which Cambodian goods reach the crucial European market tariff-free. Some 10 commissioners are in the Kingdom as part of a seven-day

  • A new carrier takes off in capital

    Cambodia Airways, the latest passenger airline to enter the Kingdom, launched its first domestic flight on Tuesday. Flight KR801, carrying 145 passengers, left the Phnom Penh International Airport at 9:50am and landed in Siem Reap at 10:35am in an Airbus A319. Cambodia Airways marketing and branding