Cambodian Climate Financing Facility

The Cambodian Climate Financing Facility (CCFF) is a US$ 109 million initiative designed to accelerate Cambodia's transition to a low-carbon, climate-resilient economy. It consists of a US$ 100 million Lending Facility and a US$ 9 million Technical Assistance (TA) Facility. The program targets high-priority sectors including energy, transport, agriculture, forestry and other land use (AFOLU), and water. The Lending Facility, hosted by the Agricultural and Rural Development Bank (ARDB), provides wholesale and direct green loans to local financial institutions and private sector actors. The TA Facility, managed by Mekong Strategic Capital (MSC), focuses on institutional capacity building, project preparation, and the development of climate finance policy frameworks. The program expects to reduce 11.1 million tCO2e of greenhouse gas emissions and benefit 1.3 million people.

• The CCFF program is structured as a US$ 109 million facility, comprising a US$ 100 million Lending Facility and a US$ 9 million Technical Assistance (TA) Facility.
• The program's total expected climate impact is the reduction of 11.1 million tCO2e of greenhouse gas emissions and the provision of improved adaptive capacity for 1.3 million direct and indirect beneficiaries.
• The GCF is requested to provide US$ 54.96 million, consisting of a US$ 50 million senior loan to the Lending Facility and a US$ 4.96 million grant for the TA Facility.
• The Lending Facility will be established within the Agricultural & Rural Development Bank (ARDB), a state-owned commercial bank, with the goal of transitioning ARDB into a national climate development bank with direct GCF access.
• The program targets five key sectors for mitigation and adaptation: energy (renewable energy and energy efficiency), transport, agriculture, forestry and other land use (AFOLU), and water infrastructure.
• The Lending Facility employs two primary mechanisms: wholesale green lending to local financial institutions (LFIs) and direct green lending to private sector entities.
• The TA Facility, managed by Mekong Strategic Capital (MSC), focuses on strengthening climate finance frameworks, providing project preparation assistance, and building the institutional capacity of borrowers.
• The program aims to mobilize a total of US$ 347 million in investments into Cambodia's NDC priority sectors over its 20-year implementation period.
• Gender mainstreaming is a core component, with a target that 30% of loan proceeds finance women-led businesses or those promoting women's economic empowerment, and 20% of grant funding supports gender-mainstreamed activities.
• The program identifies significant barriers to climate finance in Cambodia, including insufficient public resources, a lack of local capacity to design climate finance vehicles, and risk-averse local financial institutions.

APA

Green Climate Fund (2024). Cambodian Climate Financing Facility. https://www.greenclimate.fund/sites/default/files/document/fp228-kdb-cambodian-climate-financing-facility.pdf

Chicago

Green Climate Fund. Cambodian Climate Financing Facility. 2024. https://www.greenclimate.fund/sites/default/files/document/fp228-kdb-cambodian-climate-financing-facility.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Cambodian Climate Financing Facility |date=4 April 2024 |url=https://www.greenclimate.fund/sites/default/files/document/fp228-kdb-cambodian-climate-financing-facility.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2024cambodian, author = {{Green Climate Fund}}, title = {{Cambodian Climate Financing Facility}}, institution = {Green Climate Fund}, year = {2024}, month = apr, url = {https://www.greenclimate.fund/sites/default/files/document/fp228-kdb-cambodian-climate-financing-facility.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }