Cambodia: Long-Term Strategy for Carbon Neutrality (LTS4CN)_En
- Date of publication: December 2021
- Institution: Ministry of Environment (MoE), National Council for Sustainable Development (NCSD)
- Author: DCC/GSSD-NCSD
- Language: English
- Type: Document
- Page: 53
This LTS4CN essentially aims to serve as a roadmap or vision document based on a comprehensive analysis and modelling of all relevant economic sectors, and it looks several decades ahead. It outlines priority mitigation actions for each sector to achieve the country’s goal of a carbon neutral economy in 2050. The strategy largely builds on existing commitments of the Royal Government and proposes a trajectory consistent with the Updated Nationally Determined Contribution. It takes into consideration the balance between emissions reductions, economic growth, social justice, and climate resilience. Economic analysis shows that the investments to be made under this strategy have the potential to create 449,000 additional jobs, and deliver an additional 2.8% of annual GDP growth by 2050 for Cambodia. We can achieve carbon neutrality by 2050 through continued efforts to address the forest sustainability and land use; decarbonize our power sector and pursue higher energy efficiency; as well as promote low-carbon agriculture, industrial processes, and waste management.
The vision set out in this document will be regularly updated and may be amended as needed to reflect any evolving trends or unforeseen events. It provides an overall policy direction, while the exact commitments and programmes of the Royal Government will continue to be articulated in our Five-Year National Strategic Development Plans and corresponding sector plans.