Cambodia Secures USD 40 Million from Green Climate Fund for REDD+ Program

Cambodia has secured USD 40 million from the Green Climate Fund (GCF) to advance its national REDD+ program, aimed at reducing emissions from deforestation and forest degradation.

Environment Minister HE Dr. Eang Sophallet made the announcement during a meeting with World Bank Representative Ms. Salimata D. Follea on 26 March 2025.

Recognised as a global leader in REDD+ implementation, Cambodia has attracted international companies to purchase carbon credits from its conservation efforts. The funds will enhance forest management, support community livelihoods, and help meet the country’s goal of carbon neutrality by 2050.

This initiative aligns with Cambodia’s Nationally Determined Contributions (NDC) and positions the nation as a key player in climate action, coinciding with the 29th United Nations Conference on Climate Change (COP29) in Baku, Azerbaijan.

Additionally, TotalEnergies plans to invest in renewable energy projects that complement the REDD+ program, marking a significant move towards sustainable development. (Read more)

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