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The Korea Forest Service on Wednesday signed a memorandum of understanding with Cambodia to prevent deforestation and degradation in the Southeast Asian country, government officials said Thursday. Under the MOU, the two countries will cooperate on United Nations-led REDD+ programs ― standing for Reducing Emissions from ...

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 ...

Since last year, up to a half of nearly 8,000 hectares of community forest has been encroached upon and cleared in Oddar Meanchey province’s Banteay Ampil district by soldiers, community representatives said yesterday. Din Heng, chief of Ang Dong Bor community, said the army has cleared ...

The military’s ongoing clearing of community forests in Oddar Meanchey province risks derailing Cambodia’s first forest-based carbon trading scheme backed by the U.N., according to the latest assessment of the project. Community forest groups, who stand to earn millions from the project, said on Wednesday that ...

Cambodia expects to gain money from carbon credit next year and it will take their money to develop forest community to support sustainable development, officials said this week. An environmental officials said: Cambodia will likely get money from carbon credit through selling carbon credit to foreign ...