CGCC Participated in the Clean Energy Week 2024
November 4, 2024Events and Activities
On October 31, 2024, Mr. No Lida, CEO of CGCC, participated as an honorary speaker at the Clean Energy Week 2024, which was organized to show the ambition, commitment and leadership of the Royal Government of Cambodia for the Future of Sustainable Energy.
Through this forum, Mr. CEO presented CGCC’s involvement in supporting the clean energy sector through the launch of the “Sustainable Green Financing Facility (SGFF)”, a blended financing model developed in collaboration between CGCC and the United Nations Development Program (UNDP), which enables development partners and Participating Financial Institutions (PFIs) to establish a blended financing facility with CGCC to provide financing to green sector investments in favorable terms to support the Sustainable Development Goals (SDG).
At the same time, Mr. CEO also participated as a guest speaker at the panel discussion on “Financing the Transition”, which focused on in-depth understanding of the financial strategies needed to achieve clean energy goals and shared the role and necessity of cooperation from relevant institutions, including the Royal Government, development partners, the private sector and financial institutions, as well as CGCC credit guarantees provided in this area.
Clean Energy Week 2024 is being organized by the Energy Lab in collaboration with the Ministry of Mines and Energy, with support from UNDP and Cambodia Australia Partnership for Resilient Economic Development (CAPRED). The event is taking place from October 31 to November 7, 2024.