AKP Phnom Penh, March 13, 2025 --

H.E. Sou Socheat, Delegate of the Royal Government in charge as Director General of the Securities and Exchange Regulator of Cambodia (SERC) has shared insights of Cambodia’s development of sustainable financial markets to a regional discussion on climate finance held in Tokyo, Japan.

H.E. Sou Socheat attended the 4th Roundtable Asian Development Bank Institute (ADBI)-ADB Dialogue on “Asian Climate Finance” on Mar. 11 to 12, which focused on the progress of the implementation of the International Sustainability Standards Board (ISSB) climate-related standards, greenhouse gas (GHG) emission reduction targets and the role of carbon credits.

At the event, the SERC director general was invited to be a speaker on the topic “Carbon Markets and Cambodia’s Efforts to Reduce GHG Emissions: The Role of the SERC”.

He provided in-depth discussions and shared Cambodia’s status and commitment on climate issues, efforts, achievements, and directions that the SERC has been contributing to the development of sustainable financial markets and promoting the development of carbon market.

The SERC has been actively promoting the issuance of thematic bonds and building the capacity of relevant stakeholders under the support of development partners to achieve the Sustainable Development Goals (SDGs) of Cambodia, H.E. Sou Socheat said.

The dialogue was conducted smoothly and fruitfully, with the sharing of experiences, challenges, opportunities, the best practices and the next steps in developing the carbon market and reducing GHG emissions among participants from ASEAN+3, including Cambodia, Indonesia, Laos, Malaysia, Philippines, Thailand, Vietnam, Japan, Korea, China, Hong Kong and Georgia.

In this event, ADB also shared about reducing GHG emissions and reported about Sustainable Finance Regulations and Central Banks Activities Tracker 2024 in Asia and Carbon Finance by World Wide Fund for Nature (WWF) in the common spirit of addressing the global climate issues.

By Chea Vannak