Cambodia Climate Public Expenditure Review (CPER 2021)_En

- Date of publication: December 2022
- Institution: Ministry of Economy and Finance (MEF)
- Author: Ministry of Economy and Finance/NCSD/CCCA
- Language: English
- Type: Document
- Page: 36
As one of the countries most affected by climate change, Cambodia has committed to address
this challenge both locally and internationally. Cambodia submitted its updated Nationally Determined
Contribution (NDC) to the UNFCCC on December 30, 2020, and a Cambodia Climate Change Strategic
Plan (CCCSP, 2014-23) is in place with action plans in 14 ministries and agencies. Since 2017, Ministry of
Economy and Finance has included guidance on climate change in annual budget circulars, and in 2019
climate change was recognized as a key challenge to be addressed both in the debt policy and in
the budget of the Government. Key ministries have also started to integrate climate change in the way
they prioritize activities for the national budget with technical supports from our partners.
This report provides an update on climate finance trends, including data up to fiscal year 2021, to
monitor to what extent Cambodia and its development partners are effectively supporting national
climate change priorities.
In 2021 expenditure, climate change expenditure remains high at 2.3% of GOP (from 2.2% in 2020) or
KHR 2,530 billion. The main component remains climate-proofing of infrastructure as part of
the measures against floods, and Covid-19 measures. In addition, the government intervention climate
change resilience co-benefits for the most vulnerable on through social protection cash transfer to the
vulnerable groups and the poor, amounted to KHR 1,176 billion or around US$ 294 million.