1.
Introduction
The Kingdom of Cambodia adopted and has been implementing Law on Allowing
the Kingdom of Cambodia a membership to an Agreement on the establishment of
the Global Green Growth institute (GGGI), Royal Decree on the Preparation and
Functioning of National Council on Green Growth (MGGG) and Sub-decree in the
Preparation and Functioning of General Secretariat for Green Growth (GSGG) of
National Council on Green Growth (NCGG).
This NCGG becomes at fundamental mechanism in contribution to the
implementation of the Global Green Economy Principles focusing on environment protection,
economic development and poverty reduction approved by the United Nation in
Rio+20 Conferences in Brazil in June 2012. Today, Cambodia takes the lead and is
a role model in terms of green growth in the ASEAN countries, Asia –Pacific countries
and member countries of the GGGI.
In a global framework based on the 1992 Rio Earth Summit in Brazil, the
sustainable development principles were set out; the Rio+10 Earth Summit in
2002 in South Africa provided the sustainable development action plan and the
Rio+20 Earth Summit in 2012 in Brazil established a new principle focusing on
green growth with attention to the cored environmental protection for
development and poverty eradication. At the Rio+20 Earth Summit in 2013, the
Kingdom of Cambodia signed the Agreement on the Establishment of a Global Green
Growth Institute (GGGI) converted into an international organization, along
with other 16 signatory member countries and nowadays there are 18 member
countries and this organization is a mechanism for implementing a decision on “The Future We Want” of the United
Nations.
Green Growth principles focus on four pillars, namely economy, environment,
society, and culture to promote green growth, public health, quality of
environment, people’s livelihoods, and uphold of a national cultural identify. In
order to implement the principle, the NCGG, with the general secretariat as a
direct assisting institution, prepares legal formalities, policies, strategic
plan, action plan, and programs on green growth as a win-win approach for
sustainable economic growth moving towards a developed country in the future.
At
this stage, the RGC has prepared the National Strategic Plan on Green Growth
2012-2030 to boots Cambodia economy towards a green economy focusing on
efficient use of natural resources, environmental sustainability, green jobs,
green technology, and economic reform. Placing more consideration into green incentives,
such as green tax, green finance, more importantly green credit, green microfinance,
and green investment, based on the success of the RGC’s Win-Win policy and the
most successful experience on sustainable socio-economic development in the
implementation of the Rectangular Strategy, all of which mainly contributes to
global green economy at the same time of maintain environmental quality,
enhancement of public health, and promoting a social safety system toward
building a low carbon emission society.
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