Cambodia needs about US$ 200 million annually for climate change adaptations
According to the Copenhagen Accord hosted in Denmark, developed countries had to provide US$ 30 billion for 2009-2012 to kick start emissions reduction measures for the less-developed countries and promised to offer US$ 100 billion for long term finance a year by 2020. “Cambodia needs approximately US$ 200 million annually for climate change adaptations and that aid should be new, not the same as the financial assistance from the Official Development Assistance (ODA),” said Mr. Sum Thy, Director of the Climate Change Department. He stressed that the industrial countries are the major cause of climate change and they have to reduce their greenhouse gas emissions and offer both technological and financial assistance to the LDC like Cambodia, which is the most vulnerable one. Cambodia suffered the influence of climate change and human and capital resource effects, especially since people’s awareness of climate change is limited. Therefore, Cambodia needs evaluation and faces financial need in order to fight against climate change,” he mentioned…
