Cambodia has committed to adopt practices in green energy transition to reduce greenhouse emissions as well as aim to become a major exporter of clean energy in the region.
The country is currently cooperating with Singapore and submitted its long-term strategy plans including the Power Development Masterplan and the National Energy Efficiency Policy for carbon neutrality to the United Nations.
At the commercial negotiation stage, the Cambodia-Singapore deal would see Singapore importing 1 GW of renewable energy annually from Cambodia, making up a quarter of their low-carbon electricity imports by 2035.
“Cambodia’s unwavering dedication to a more resilient, inclusive, and sustainable development path will inspire others to join us in the global effort towards a cleaner, healthier, and more prosperous future,” said Minister of Environment Say Sam Al in a press release.
The deal would contribute to Cambodia’s positive impact on the world and solidify its position as a leader in the clean energy industry in the region and help solve the world’s climate crisis.