Sunday 15 January 2023

Cambodia SDG Investor Map launched to accelerate sustainable development

1. New market intelligence tool identifies 15 Investment Opportunity Areas guiding the private sector to focus on SDG priority sectors that could benefit from expanded financing options.

2. The Cambodia SDG Investor Map, a market intelligence tool that identifies viable Investment Opportunity Areas aligned with the Cambodia Sustainable Development Goals (SDGs), was launched by the Royal Government of Cambodia (RGC), United Nations Development Programme (UNDP) with the support of the Centre for Impact Investing and Practices (CIIP) established by Temasek Trust. 

3. It is anticipated that by 2025 the funding available for development in Cambodia will reach US$23.4 billion, or 69.8% of GDP, driven mainly by domestic resource mobilization, Foreign Direct Investment, and remittances (UNDP, 2021). As such, the Map was created to identify investment opportunities in priority sectors that have both strong financial and development impact potential. The Cambodia Map is added to another 22 country SDG Investor Maps, accessible on the SDG Investor Platform.

4. It highlights 15 Investment Opportunity Areas that cover business models across six SDG priority sectors, namely, agriculture and allied industries, financial services, infrastructure, renewable energy, education, and healthcare. The Map also identifies another 10 ‘white spaces’ aligned with national development needs that have potential for growth but would require more private sector participation or a scope for more policy support. 

5. As a clear goal to drive the economy towards upper-middle-income country status by 2030 and high-income country status by 2050. The private sector will play a large and significant role in this journey. The Map not only showcases the sectors that have potential for sustainable development but will also serve as the foundation for discussions on policy-level measures to strengthen an ecosystem that is attractive for private investors.

6. The business case for achieving the Sustainable Development Goals is strong worldwide and particularly in Asia, where an estimated 40 percent of the $12 trillion worth business opportunities are estimated. The market intelligence generated by the Map will guide private sector investors looking to invest sustainably, profitably and with the confidence that the sectors identified respond to the national development priorities.

7. Following the launch of the SDG Investor Map, UNDP Cambodia and its partners will bring together potential investors, investee companies, and policymakers for partnership building and boosting investments in the Cambodia SDG priority areas identified in the Map. 

8. UNDP supports the Royal Government of Cambodia in its efforts to catalyze blended finance for the achievement of the 2030 Agenda and the CSDGs as part of an Integrated National Financing Framework for green, inclusive and resilient development.




















Source:

https://www.undp.org/cambodia/press-releases/cambodia-sdg-investor-map-launched-accelerate-sustainable-development