energy plan to achieve its energy policy targets and planning. The Cambodia Basic Energy Plan aims to set numerical targets for each energy issue covered by the plan, and the targets should be achievable. The basic objective of the plan is to seek an energy supply for Cambodia with the following conditions: affordability, accessibility
The Energy Transition Sector Development Program includes ADB''s first comprehensive policy reform package for the energy sector in Cambodia, which will be funded by a $40 million loan from ADB''s concessional resources and a $10 million loan from the ASEAN Infrastructure Fund under its ASEAN Catalytic Green Finance Facility (ACGF).
In a bid to establish sector-specific energy efficiency policies, Cambodia has instituted the NEEP. This strategic policy aims to curtail total energy consumption by a minimum of 19% by 2030, in contrast to a business-as-usual scenario.
The Cambodia Basic Energy Plan is the first ever publication of energy policy targets with numerical values, as much as possible, for each energy field such as oil, electricity supply, renewable energy, energy efficiency, energy security, and the energy outlook.
The sector assessment, strategy, and road map is aligned with ADB''s Strategy 2030 and will inform its country partnership strategy for Cambodia, 2019–2023, which is currently under development. It seeks to help provide sector background information for investment and technical assistance operations.
As a leading international research organization, ERIA is actively conducting quality research on numerous issues. With its partnership network of organizations and strong relations with governments in the region, ERIA is well positioned to support regional initiatives for sustainable growth and quality of life for the people in ASEAN and East Asia
ERIA is an international organisation established in Jakarta, Indonesia, in 2008 through a formal agreement amongst the leaders of 16 East Asian countries. Its mission is to conduct research and provide policy recommendations to advance economic integration across the region.
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