Report
Published:
Cambodia: Five Actions to Improve the Business Climate for Renewable Energy Investment
Written by
Roman Vakulchuk
Senior Research Fellow, Head of Research group on climate and energy
Indra Overland
Research Professor
Haakon Fossum Sagbakken
Former employee
Hoy-Yen Chan
Muhammad Rizki Kresnawan
Monika Merdekawati
Ed.
Summary:
Cambodia has not attracted significant investment in renewable energy until mid-2020 and, unlike other ASEAN countries, has not set exact renewable energy targets. Despite this, the country is viewed as a model to learn from for other ASEAN countries implementing solar power auctions. In order to keep up this momentum and attract more investment, Cambodia needs to address a number of persistent gaps in its investment climate. We propose five actions that may have strong immediate benefits and make Cambodia’s business climate for renewable energy more attractive: prioritise renewables in the energy governance system; request support from IRENA for capacity building; adopt targets and develop a regulatory framework; enhance project bankability; improve market entry for foreign investors.
- Published year: 2020
- Publisher: ASEAN Centre for Energy (ACE)
- Page count: 3
- Language: English
- URL 1: https://www.researchgate.net/publication/341793835
- URL 2: https://www.academia.edu/43231168/Cambodia_Five_Actions_to_Improve_the_Business_Climate_for_Renewable_Energy_Investment
- URL 3:
Written by
Roman Vakulchuk
Senior Research Fellow, Head of Research group on climate and energy
Indra Overland
Research Professor
Haakon Fossum Sagbakken
Former employee
Hoy-Yen Chan
Muhammad Rizki Kresnawan
Monika Merdekawati