Ministry of Economy and Finance (MEF) and the National Council for Sustainable Development (NCSD) launched a report on the “Modelling of Climate Change Impacts on Growth” on Friday 27th April 2018 at Ministry of Economy and Finance.
The report shows that climate change could reduce Cambodia’s GDP in 2050 by almost 10% (and GDP in 2030 by 2.5%). The main impacts are due to reduced productivity of workers because of temperature increases, followed by impacts of extreme events on infrastructures, both of which affect all key sectors of the economy. Reduced income due to loss of crops in agriculture is the third largest impact for the period between now and 2050.