Carbon trading and other Payments for Ecological Services (PES)

The Ministry of Environment​​ has announced that Cambodia has earned $11.6 million from the sale of carbon credits from REDD+, a financing mechanism to support forests in developing countries with access to funds to protect forest resources and improve the livelihoods of local communities and ...

A senior Ministry of Environment official spoke about its five-point recommendation for the successful implementation of the Long-term Strategy for Carbon Neutrality (LTS4CN) as a long-term vision, in response to global climate change and as a move towards zero emissions in Cambodia by 2050. ...

The Ministry of Environment has received a petition from more than 20 NGOs and community members requesting the right to conduct patrols in protected areas, and urging increased enforcement of natural resource crimes. ...

The government and partner organisations are seeking new markets in which to sell carbon credits in order to raise funds for its efforts to increase and strengthen the protection of natural resources in the Kingdom. ...

Cambodia begins the new year as the first nation in Southeast Asia to publish a plan to achieve carbon neutrality by 2050. The roadmap, known officially as a “Long-term strategy for Carbon Neutrality (LTS4CN)”, was submitted to the United Nations Convention on Climate Change (UNFCCC) ...

The 43 new sites identified by the Ministry of Environment and United States Agency for International Development (USAID) Greening Prey Lang for the supply of carbon credits will bring positive environmental, community and biodiversity impacts to Cambodia besides having no deforestation and degradation of protected ...

The 43 new sites identified by the Ministry of Environment and United States Agency for International Development (USAID) Greening Prey Lang for the supply of carbon credits will bring positive environmental, community and biodiversity impacts to Cambodia besides having no deforestation and degradation of protected ...

Passengers using the Grab ride-hailing app are offered the option to travel carbon neutral, said a press release of Wildlife Conservation Society (WCS) issued this afternoon, adding that a voluntary contribution allows passengers’ rides to be offset via carbon credits from the Keo Seima Wildlife ...

Cambodia has asked Germany to buy some of the Kingdom’s carbon credits earned from preserving its natural resources. Interior Minister Sar Kheng made the request during a visit to Germany which concluded yesterday, a ministry statement noted. It said Cambodia requested Germany to study the possibility, ...

The killing of three conservationists patrolling Cambodia’s biggest carbon credit project exposes the nearly insurmountable conflicts of interest plaguing schemes in which huge corporations such as Disney and Virgin Atlantic have invested millions of dollars, observers say. Military Police Officer Sek Wathana, Environment Ministry Ranger Teurn ...

Human rights representatives from NGO Adhoc and the United Nations have been asked to intervene in a land dispute between villagers and an army lieutenant they say was granted a land title illegally inside a protected community forest in Oddar Meanchey province. ...

A Virgin Atlantic representative yesterday said that the British airline is no longer purchasing carbon credits from an area of Oddar Meanchey province set aside for a UN REDD+ program after a report describing widespread problems. ...

A REDD Programme representative yesterday said it would be concerning if recent claims of the military systematically clearing protected forest in Oddar Meanchey province covered under the scheme proved true – though a third-party company has dismissed the claims as outdated. ...

Claims the military is involved in systematically clearing forest in Oddar Meanchey province in an area meant to be protected by a carbon credit scheme involving Virgin Atlantic have prompted the UK-based airline to launch an investigation into the program. ...

A $2.6 million deal by Walt Disney Company to preserve nearly 300,000 hectares of eastern Cambodian forest through the purchase of carbon credits will need to overcome past failures to succeed, critics said on Monday. ...

The Walt Disney Company has purchased $2.6 million in carbon credits in the forests of Mondulkuri province – marking the largest carbon credit sale to date in Cambodia and breathing life into a carbon-trading program many had written off as all but dead. ...

Despite one success story emerging in the trade of Cambodia-generated carbon credits, immediate prospects for the environmental trading scheme in Kingdom remain few. Securing buyers of carbon credits for Cambodian projects is a well-known difficulty. Pact, however, left the project in July 2013 when the ...

Community forest chiefs and rights groups in Oddar Meanchey province say logging is now so rampant they have finally given up hope that a U.N.-backed scheme to generate millions of dollars worth of carbon credits for the area and the country will ever get off ...

Cambodia’s first verified carbon credit program is up and running in the remote province of Oddar Meanchey. But experts say there are limited carbon credit buyers, and illegal deforestation remains a major threat to the stability to the project. ...

Cambodian soldiers are continuing to cut into community forests in Oddar Meanchey province that are meant to anchor what is intended to be the country’s first forest-based carbon credit trading scheme, local villagers and NGOs said Wednesday. ...