To meet this goal, the country requires an estimated seven billion dollars in climate financing, with 2 billion dollars allocated for adaptation and 5.8 billion dollars for mitigation, he said.
Sophallet stated that the target is reflected in the Kingdom’s Nationally Determined Contribution (NDC), which he referred to during the Cambodia Climate Change Summit 2024, CCCS 2024, held in Sihanoukville.
The environment minister also announced that he will attend the upcoming United Nations Climate Change Conference, COP29, where he will present the country’s position on the issue.
We must ensure that COP29 strengthens global commitments to limit global temperature rise to 1.5°C under the Paris Agreement,” Sophallet stressed, recalling that the Kingdom had submitted a Long-Term Strategy for Carbon Neutrality to the United Nations Framework Convention on Climate Change (UNFCCC) in 2021.
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