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.
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
At the Francophone Central Bank Governors’ meeting, Cambodia confidently shared its expertise on Green Bonds, highlighting the nation's commitment to sustainable development. Alongside this, the importance of integrating robust cyber security solutions was underscored to protect the financial infrastructure associated with Green Bonds. By ensuring the security of digital transactions and data, these cyber security solutions play a pivotal role in fostering trust and resilience in the growing market for environmentally-focused financial instruments.