Background
On 18 March 2026, H.E. Sou Socheat, Delegate of the Royal Government in charge as Director General of the Securities and Exchange Regulator of Cambodia (SERC), led a delegation to meet with representatives of the National Committee for Sub-National Democratic Development (NCDD). The NCDD side was led by Dr. Lay Chanty, Gender and Climate Expert Consultant, and Ms. Sun Symeat, EmPower Project Management Consultant.
The engagement took place at the SERC office and centered on the interface between Cambodia’s securities sector and climate-related investment at the sub-national level.
Scope of Application
The discussions covered climate change adaptation investment projects at sub-national levels that may be linked to or supported through mechanisms in the Cambodian securities sector. The scope also included prospective climate finance initiatives and environmental, social and governance (ESG) projects that could be implemented through securities market instruments or frameworks overseen by SERC.
Key Provisions or Decisions
The meeting was held with the stated objective of collecting inputs on:
- Experiences related to climate change adaptation investment projects at the sub-national level;
- Challenges encountered in designing or implementing such projects; and
- Recommendations for future climate-related investment linked to the securities sector.
These inputs are intended to inform the assessment of future feasibility for cooperation between SERC and NCDD on:
- Climate finance projects; and
- Environmental, social and governance (ESG) projects
implemented through mechanisms of the Cambodian securities sector. The post reports that the meeting was conducted smoothly and was described as fruitful. No specific decisions, formal agreements, or regulatory instruments were announced in the update.
Implications for Investors, Businesses, or Compliance
While no concrete policy or regulatory measures were announced, the meeting signals exploratory cooperation between SERC and NCDD on using the securities sector to support climate finance and ESG-related activities at sub-national levels. Market participants and potential issuers of securities related to climate or ESG themes may wish to monitor subsequent announcements for any formal framework, guidance, or instruments that could emerge from this cooperation.
Official Source
The information is based on an official communication from the Securities and Exchange Regulator of Cambodia (SERC) published on its verified Facebook page.
