Cambodia Pushes Green Finance in Asia-Pacific Amid Climate Change Concerns

Dr. Kau Tack, President of the Rural Development Bank of Cambodia, presided over and delivered an opening speech at an online roundtable discussion on "Promoting Green Finance and Climate Finance in the Asia-Pacific Region" on September 7, 2026. The event was organized by the Special Interest Group 2 (SIG 2) of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP). The meeting was attended by Mr. Enrique I. Florencio, Secretary-General of ADFIAP; Mr. Hemant Mandal, Regional Director for Asia-Pacific at the Green Climate Fund (GCF); Mr. Masayoshi Tatewaki, Executive Director of the Japan Economic Research Institute; Mr. Daleno Dalo, Head of Public Finance at PT Sarana Multi Infrastrukur of Indonesia, a member institution of SIG 2; along with other member institutions and development partners. Dr. Kau Tack highlighted that climate change has become a significant economic and development issue, requiring development finance institutions to translate climate goals into concrete actions. He further stated that public finance alone cannot meet the massive financing needs, emphasizing the critical importance of blended finance, sustainable bonds, technical assistance to mitigate risks, and mobilizing private capital. He particularly noted that cooperation between institutions and countries within the region is key to sharing experiences, overcoming obstacles, and jointly steering the Asia-Pacific region towards a resilient future. The roundtable discussion was held with the aim of exchanging practical experiences, discussing financial instruments, and collecting inputs for the research of SIG 2, in preparation for ADFIAP's 49th Annual Meeting. The outcomes and inputs from this discussion are expected to form a crucial foundation for promoting policy recommendations and strengthening regional cooperation in sustainable finance development. Source: CPP Cambodia