On Monday, 5 October, EuroCham Cambodia and the Global Green Growth Institute (GGGI) brought together nearly 100 developers, financial institutions, government officials and members of EuroCham’s Real Estate & Construction and Green Business Committees at the Hyatt Regency Phnom Penh.
The workshop, “Advancing Low-Carbon, Bankable Buildings in Cambodia: From Design Assessment to Investment Pipeline,” marked the public release of findings from the Asia Low Carbon Buildings Transition (ALCBT) project.
- Energy benchmarks: Retail tops the Energy Performance Index at 205.5 kWh/m²/year, followed by hospitality (171.0) and commercial offices (131.6), while education (64.6) and industrial warehouses (61.0) are the most efficient.
- Practical savings: 12 energy conservation measures are already available locally, from raising air conditioning temperatures by three degrees for 10% savings at no cost, to LED retrofits that can cut energy use by up to 50%.
- Investment potential: GGGI estimates more than $10 million in identified investment potential across the buildings sampled.
The afternoon also turned to financing, with presentations covering the NBC’s Sustainable Finance Taxonomy for the Cambodian Banking Sector, Mekong Strategic Capital’s Cambodia Climate Finance Facility offering loans of $1 million to $10 million for qualified green building projects, FTB’s Energy Efficiency Financing Scheme providing loans from $50,000 to $1 million at 5.5% interest, and ALCBT’s no-cost support for building owners including investment-grade energy audits and introductions to banks and energy service providers.