SERC Attends 4th Roundtable ADB Dialogue on 'Asian Climate Finance' in Japan
The Securities and Exchange Regulator of Cambodia (SERC) led by H. E. Sou Socheat, Delegate of the Royal Government in charge as Director General of the SERC, attended the 4th Roundtable Asian Development Bank Institute (ADBI)-ADB Dialogue on “Asian Climate Finance” in Tokyo, Japan on March 11-12, 2025.
This 4th dialogue focused on the progress of the implementation of the International Sustainability Standards Board (ISSB) climate-related standards, greenhouse gas (GHG) emission reduction targets, and the role of carbon credits.
Meanwhile, H.E. Delegate was invited to be a speaker on the topic: “Carbon Markets and Cambodia’s Efforts to Reduce GHG Emissions: The Role of the SERC,” which provided in-depth discussions and shared Cambodia’s status and commitment on climate issues, efforts, achievements, and directions that the SERC has been contributing to the development of sustainable financial markets and promoting the development of the carbon market through the issuance of thematic bonds and building the capacity of relevant stakeholders under the support of development partners to achieve the Sustainable Development Goals (SDGs) of Cambodia.
The dialogue was conducted smoothly and fruitfully, with the sharing of experiences, challenges, opportunities, best practices, and the next steps in developing the carbon market and reducing GHG emissions among participants from ASEAN+3, including Cambodia, Indonesia, Laos, Malaysia, the Philippines, Thailand, Vietnam, Japan, Korea, China, Hong Kong, and Georgia.
In this event, ADB also shared insights about reducing GHG emissions and reported on Sustainable Finance Regulations and Central Banks Activities Tracker 2024 in Asia, as well as Carbon Finance by the World Wide Fund for Nature (WWF), in the common spirit of addressing global climate issues.