Cambodia on December 30 submitted its Carbon Long-Term Development Strategy (LTS4CN) to the Secretariat of the UN Framework Convention on Climate Change (UNFCCC) , according to the Ministry of Environment.
The ministry said that the strategy aimed to provide a roadmap based on comprehensive analysis and scenarios related to key economic sectors as well as priority mitigation activities to achieve future carbon-neutral development. The strategy included an analysis of the balance between greenhouse gas reduction, economic growth, social justice and climate resilience.
In a press release on December 31, the ministry stated that the submission of the strategy was in line with the commitment that Prime Minister Hun Sen made at the UN Climate Summit 2020 to be implemented by the end of the year 2021. The development of the strategy was an important step for Cambodia as a country that supports multilateral activities in climate change to demonstrate leadership through practical implementation of climate action.
Cambodia is one of just 49 UNFCCC Parties that have submitted this strategy to the UNFCCC Secretariat to date.
“Cambodia is the second least developed country to submit this strategy, with clear targets for carbon neutrality by 2050. This is another testament to a strong commitment, cohesion and political will in Cambodia to address climate change,” the press release said.
The press release added that although Cambodia had made little contribution itself to greenhouse gas emissions, through this strategy Cambodia had demonstrated its willingness and position to engage with the international community to address climate change on the basis of “shared responsibility, but at different levels” according to their respective capabilities.
The ministry said that Cambodia can achieve carbon neutrality by 2050 by continuing efforts to implement the Reduction and Reduction of Forests (REDD +) program and forest sector reform, including development of sustainable forestry. Cambodia can achieve carbon neutrality by 2050 by reducing greenhouse gas emissions and transportation and improving energy efficiency as well as promoting low-carbon agriculture, industrial processes, and waste management.
“The implementation of the LTS4CN strategy will contribute to an additional 2.8 per cent annual GDP growth by 2050 and create 449,000 new jobs and boost growth, green economy implementation, and low carbon emissions development,” the ministry said.