Cambodia: Five Actions to Improve the Business Climate for Renewable Energy Investment

International investments  Asia  Climate  Energy  Governance
Written by

Indra Overland

Research Professor, Head of Research group on climate and energy


Haakon Fossum Sagbakken

Former employee


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
  • Full version:
  • Publisher: ASEAN Centre for Energy (ACE)
  • Page count: 3
  • Language: English
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