Phnom Penh, Oct. 29 -- Cambodia has approved a 690 million USD investment framework to reduce land and forest fires, curb harmful open burning and tackle seasonal haze pollution by 2035, the Ministry of Environment announced on October 27.
Minister of Environment Eang Sophalleth approved the Investment Framework for Haze-Free Sustainable Land Management 2026-2035, which proposes 15 projects with a combined estimated investment of 690 million USD, reported The Phnom Penh Post.
Funding sources could include state budgets, concessional climate finance, blended financing instruments, commercial loans, carbon credits and nature-based solutions.
Despite stronger environmental management and fire prevention over the past decade, seasonal haze r...