Cambodia Sets Sights on Circular Economy with Launch of New Strategy

The National Council for Sustainable Development (NCSD), the Ministry of Environment (MoE), with support from Sweden, Japan and the United Nations Development Programme (UNDP), launched here on June 28 the National Circular Economy Strategy and Action Plan, as well as a platform to engage the private sector in the transition towards a circular economy.
According to UNDP’s press release, Cambodia’s growing economy and population have led to a surge in the use of materials and energy. Similar to other countries, this has created new challenges in sustainably managing natural resources, environment, energy and waste.
“The Circular Economy Strategy and Action Plan aim to create a win-win solution to the present challenges. Instead of simply extracting, consuming, and disposing materials, the Strategy seeks to close the loop of the entire value chain and maintain the value of materials for as long as possible,” H.E. Say Samal, Chair of the National Council for Sustainable Development and Minister of Environment said.
Mr. Nick Beresford, Resident Representative of UNDP Cambodia commented that the circular economy has a strong potential to spark positive social and environmental change and to create new economic values and diversified employment opportunities. “It can guide sustainable development pathways for countries at all income levels, including Cambodia,” he added.
H.E. Björn Häggmark, Sweden’s Ambassador to Cambodia, further emphasized that “to make the vision for a circular economy requires leadership from the government and active involvement of the private sector, households, individuals and all other stakeholders.”
In recognition of the key role of the private sector to accelerate the transition to the circular economy, a private sector platform to share information on implementable measures and actions was introduced along with the new strategy.
“Sharing knowledge of best business practices is a crucial initial step towards creating a circular economy. Such knowledge will enable other industry players to use and replicate best circular economy measures and accelerate the industry-wide transitions,” said H.E. Mikami Masahiro, Ambassador Extraordinary and Plenipotentiary of Japan to the Kingdom of Cambodia.
H.E. Say Samal highlighted the importance of these efforts, concluding that “an effective implementation of the Circular Economy Strategy will ensure a green, clean and safe future for all in Cambodia.”

Source: Agency Kampuchea Press


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