The Asian Development Bank (ADB) has approved a $82.5 million financing package for the second phase of Cambodia’s Energy Transition Sector Development Program (ETSDP) — a transformative initiative designed to accelerate the country’s clean energy transition through policy reforms, institutional strengthening, and targeted investments in new technologies.

The program, cofinanced by the ASEAN Infrastructure Fund , the Asia–Pacific Climate Finance Fund , the Green Climate Fund (GCF) , and the United Kingdom through the ASEAN Catalytic Green Finance Facility (ACGF) , represents a crucial step in helping Cambodia achieve its ambitious goal of reaching 70% renewable energy in its power mix by 2030 .

Building on the Success of Phase One

The first subprogram , approved in

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