Cambodia Shares Expertise on Green Bond at Francophone Central Bank Governors’ Meeting

The Governor of the National Bank of Cambodia (NBC) H.E. Dr. Chea Serey shared Cambodia's experience in implementing green bond principles, at the 30th Meeting of Central Bank Governors of the French-Speaking Countries, held in Brussels, Belgium, from 30 to 31 May 2024. Governors of 20 central banks from 40 countries in Europe, the United States, Africa and Asia attended the Francophone meeting in 2024. The meeting discussed implementing monetary policy in uncertain and risky situations as well as recent developments; resisting climate change; geopolitical segregation; strengthening cyber security; and central bank independence, according to an NBC's statement. In the meeting, H.E. Dr. Chea Serey shared Cambodia's experience in contributing to climate change mitigation by participating in regional and international networks related to green finance, implementing principles to support sustainable financing in the banking system and international reserve investment in green bonds. She also called for more involvement of international foundations and financial institutions, as well as developed countries, in supporting green financing and strengthening cooperation and solidarity in supporting green investment projects through purchasing mutual green cards. The Francophone meeting is held every two years with the aim of strengthening cooperation between Francophone member countries and exchanging views and experiences on key issues related to the central banks. Source: Agence Kampuchea Presse