Criminal networks across Southeast Asia have increasingly exploited Americans online, resulting in significant financial losses. In 2024, U.S. citizens lost an estimated $10 billion to scam operations based in the region, highlighting the scale and severity of these fraudulent activities. In response, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed… [Read More]
Cambodia
ADB Approves $50 Million Reform Program to Strengthen Equitable and Resilient Public Services in Cambodia
The Asian Development Bank (ADB) has approved a $50 million Subprogram 1 of the Strengthening Governance for Service Delivery policy-based loan, aimed at supporting Cambodia’s efforts to improve governance and public financial management systems, enabling equitable and resilient public service delivery. The initiative builds on the fourth phase of Cambodia’s Public Financial Management Reform Program,… [Read More]
Cambodia Prepares Next Generation of Skilled Workers for ASEAN Skills Competition
Cambodia’s next generation of construction professionals has gained international exposure and advanced technical skills ahead of the ASEAN Skills Competition, thanks to intensive training supported by the ILO/China Partnership Programme. Five trainees and students completed a two-week wall and floor tiling programme at China’s Zhejiang Construction Technician College (ZCTC) from 30 July to 9 August… [Read More]
GCF Hosts Learning Exchange in Korea to Boost Cambodia’s Climate Finance Access
Learning Exchange on Climate Finance in Korea The Green Climate Fund (GCF) recently held a significant Learning Exchange in Korea, aimed at enhancing access to climate finance for Cambodian partners. This event was part of the GCF's Readiness Programme, which focuses on building the capacities of developing countries to better engage with climate financing mechanisms…. [Read More]
GCF Invests $103.2M in Early Warnings for All Initiative Across Seven Countries
Introduction to the Early Warnings for All Initiative The Green Climate Fund (GCF) has made a significant commitment by investing USD 103.2 million in the Early Warnings for All initiative. This ambitious project aims to enhance multi-hazard early warning systems across seven countries: Antigua and Barbuda, Cambodia, Chad, Ecuador, Ethiopia, Fiji, and Somalia. These investments… [Read More]
GCF Approves Project FP258 to Boost Climate Resilience with UNDP Partnership
Introduction The Green Climate Fund (GCF) Board has recently taken significant steps towards strengthening climate resilience in various regions by approving adaptation project FP258. This initiative, in collaboration with the United Nations Development Programme (UNDP), focuses on enhancing multi-hazard early warning systems and impact-based forecasts across seven countries. The Importance of Early Warning Systems Early… [Read More]
