Cambodia confidently shares expertise on Green Bond at Francophone Central Bank Governors’ meeting

The Governor of the National Bank of Cambodia (NBC), S.E. Chea Serey, proudly 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.

The 2024 Francophone meeting was a truly global event, attended by Governors from 20 central banks representing 40 European countries, the United States, Africa and Asia

This diverse attendance proves that green finance and sustainable investment are global concerns. According to NBC’s statement, the meeting discussed implementing monetary policy in uncertain and risky situations, recent developments, resisting climate change, geopolitical segregation, strengthening cyber security, and central bank independence.

In the meeting, 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, financial institutions, and 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 to strengthen cooperation between Francophone member countries and exchange views and experiences on key issues related to central banks.

AKP