In an interview with Eco-Business in his Phnom Penh office – his first with a foreign media outlet, Eang Sophalleth acknowledges that the problem of deforestation does not go away with just tree-planting campaigns. But at the heart of these initiatives is the political leadership’s desire to change international perception and crowd in capital, he said. “We want guests and investors to see Cambodia is not a dirty country.”
However, the stock exchange, which was Asia’s first to have its targets validated by the climate action group, will continue to support carbon credit projects via its carbon exchange.
Three companies that manage pulpwood plantations in Indonesia are facing a citizen lawsuit over repeated fires on their concessions that have been blamed for illnesses and other disruptions.