Phnom Penh: May 31, 2021, H.E. Say Samal, Chairman of the National Council for Sustainable Development (NCSD) and Minister of Environment (MoE), led a delegation from the MoE to accompany Samdech Akka Moha Sena Padei Techo Hun Sen, Prime Minister of the Kingdom of Cambodia at 2nd Seoul Summit of Partnering for Green Growth and the Global Goals 2030 (P4G) hosted by South Korea conducted virtually.
The P4G Summit was held under the theme " Promoting Inclusive Green Recovery from Covid-19 Pandemic" and it was hosted by South Korean President Moon Jae-in along with 60 heads of state and leaders of various international organizations. At the summit, various topics were raised and discussed including the impacts of climate change and promoting global green recovery from the Covid-19 pandemic. The participating countries and international organizations were honored to express their views and commitments to address these issues.
At the P4G, Cambodian Prime Minister Hun Sen shared six practical recommendations in order to promote inclusive green recovery from the Covid-19 pandemic as following:
1. Continuing to promote and support the principles of globalization through openness in international trades in order to enhance trade and economic growth, as well as adhering to multilateralism framework in addressing issues in all areas, especially related to climate change.
2. Strengthening and expanding regional and international cooperation in relation to sustainable development and promoting the mainstreaming of the concept of green development, particularly in agriculture, urbanization, transportation infrastructure, circular economy, digital economy and renewable energy.
3. Promoting the development of sustainable finance by creating a favorable environment to mobilize additional resources to ensure the sustainability of actions related to climate change prevention through formulation and implementation of green financing mechanism, Public-Private Partnership (PPP) mechanism, etc.
4. Introducing incentives and key reform measures to encourage start-ups to innovate green business models and to encourage the private sector to enhance their focus in green investments, including the investments with positive spillovers on society and economy, and commercial investments in areas such as in green technologies and renewable energy.
5. Promoting the development of green infrastructure and addressing basic infrastructure gaps by emphasizing the importance of promoting sustainable and responsible investments as well as enhancing the efficiency of utilization and investments in all sectors through promoting and incentivizing green industry development and the use of green technologies, and
6. Enhancing the capacity for mitigation and adaptation to climate change through conserving natural resources, developing green parks and cities, and building stronger institutional capacity on research in responding to climate change as well as the needs in dealing the natural disasters.