The Cambodia Securities Exchange (CSX) will welcome the listing of green and sustainability bonds from three companies that will raise funds from the stock market in 2025.
Sou Socheat, Director-General of the Securities and Exchange Regulator of Cambodia (SERC) shared the information during a capacity-building workshop held in Phnom Penh.
The Cambodia Sustainable Bond Accelerator (CSBA) was launched in 2023 and through this program, last year, the selected company, Royal Group Phnom Penh Special Economic Zone, issued and listed its green bond on the CSX, raising $10 million, he said.
In 2024, SERC launched the CSBA Phase 2 and 3 companies were selected, he said.
“One of the companies which were selected will also list their green bond at the end of this month and the company raised around $40 million while the other two companies are in the process of issuing their sustainability bond,” Socheat said.
Since the establishment of the SERC and the Cambodia Securities Exchange (CSX), Cambodia’s securities sector has experienced steady growth.
As of today, CSX has 24 listed companies with a total fund raised of approximately $473 million.
Among these 24 companies, there are three companies listed green and sustainability bonds, which comply with ASEAN Green Bond Standards and International Capital Market Association (ICMA) principles.
SERC remains committed to working closely with development partners to mobilize resources that support sustainable bond issuance, he added.
The transition to green and sustainable investment is a collective responsibility that extends beyond SERC to all stakeholders, including governments, businesses, investors, and issuers, he said.
“Achieving meaningful progress requires a coordinated effort to align financial markets with sustainability objectives. As a securities regulator, SERC collaborates with government entities to establish clear policy frameworks, and regulatory mechanisms that promote sustainable investment while discouraging environmentally harmful practices,” he said.
The National Bank of Cambodia (NBC), along with relevant ministries, institutions, and banking and financial institutions in Cambodia, has been actively involved in promoting green finance to support sustainable and low-carbon economic growth.
NBC has discussed with the Inter-Ministerial Green Finance Working Group to formulate policies, strategies, initiatives, and mechanisms in consultation with relevant ministries to support green financing and accelerate green investment activities in Cambodia.
NBC has shared updates on the Cambodian Government’s strategies, action plans, and initiatives, to gather additional input on the development of Cambodia’s Sustainable Finance Roadmaps and Green Finance Taxonomy, and to define the roles and responsibilities of the working group, as well as to discuss its priorities and future work plan.
