Fair Finance Cambodia-NGOF There were several developments in Cambodia’s financial sector during Phase 1 that the coalition will be able to leverage to improve sustainable finance in Phase 2. These include the National Strategic Plan on Green Growth 2013–2030, various policies by the Cambodian Government related to green financing and sustainable finance (e.g. Cambodia Climate Change Strategic Plan 2014–2023, the 2016 Cambodia National Biodiversity Strategy and Action Plan, draft laws on Environmental Impact Assessments, etc.), and the 2016 Cambodian Sustainable Finance Initiative (CSFI). These foundational policies will be used to engage with regulators and financial institutions. The NGO Forum on Cambodia (NGOF), a member of Fair Finance Cambodia (FFC) coalition wish to continueto influence the financial sector by aligning their national policies and regulations as described above.

For phase 2, NGOF will contribute to the 5 result areas of the project. The following are the detailed key activities of project implementation plan of NGOF.

Result Area 1 - Financialinstitutions (FIs) operating across the region increasingly adopt or improve sustainable finance policies, practices and public disclosure.

Key Activities:
To contribute to the result framework of improved policies and practices of financial actors, in FY 2023, the NGO Forum on Cambodia will finalize evidence based for multi-stakeholders’ dialogue through conducting two case studies  and onevideo documentary. Those include:
•  A follow up study on environmental and social impact assessment (ESIA) compliance by the finance and banking sector in Cambodia, focusing on policy gaps of Financial Institution (FI) comparing with the requirements of Environmental Impact Assessment (Sub-Decree No. 72).
• A study on the impact of extractive mining industry investments in Cambodia on human rights, land grabbing, labor rights, pollution of water sources, and climate/deforestation.
Based on the evidence of the above two case study reports (1)- environmental and social impact assessment (ESIA) compliance by the finance and banking sector in Cambodia, focusing on FIs' policy gaps with the requirements of Environmental Impact Assessment, and (2)- impact of extractive mining industry investments in Cambodia on human rights,land grabbing, labor rights, pollution of water sources, and climate/deforestation, the NGOFwill organize multi-stakeholders dialogue to improve policies and practices of financial actors. Those include;
• (1)- organizing ahalf day roundtable discussionwith multi-stakeholders including finance and banking sector (ABC and its members) and relevant government officials (Ministry of Economy and Finance, Ministry of Environment, National Bank of Cambodia, Agriculture and Rural Development Bank, Securities and Exchange Regulator of Cambodia) and FFC members on impact of environmental and social impact assessment (ESIA) compliance by the finance and banking sector in Cambodia, focusing on FIs' policy gaps with the requirements of Environmental Impact Assessment.
• (2)- organizing a half day roundtable discussion with multi-stakeholders including finance and banking sector (ABC and its members) and relevant government officials (Council for the Development of Cambodia, Ministry of Mines and Energy, Ministry of Economy and Finance, Ministry of Environment, Ministries of Labor and Vocational Training, National Bank of Cambodia) and FFC members on impact of extractive mining industry investments in Cambodia on human rights, land grabbing, labor rights, pollutionof water sources, and climate/deforestation.
• Finalize policy assessment of the five banks using the Fair Finance Guide International (FFGI) Methodology. The banks were assessed and monitored their financing operations using ESG and HR criteria and publicly disclosing their related policies. Those selected banks are ABA, ACLEDA, CAMPU, CANADIA, and CIMB. The assessment covered all nine mandatory themes including climate change, corruption, gender equality, human rights, labour rights, nature, tax, arms,transparency and accountability, and two sub-themes of financial inclusion and consumer protection. The assessment were completed late 2022 with the quality check by Profundo.


Result Area 2 - Regulators and governments increase independent monitoringof FI policy, practice and accountability and transparency, and improve the regulation of FIs, including through mandatory regulation.

Key Activities:
• (1)- Organize apolicy dialogue with policymakers and bankers, specifically focusing on the findings and recommendations from green finance study.
• (2)- Prepare a policy brief as a result of follow up study on compliance of environmental and social impact assessment (ESIA) to duty bearers (NBC and relevant ministries)
• And (3)- Prepare a policybrief as a result of case study of the mining extractive industry to duty bearers (NBC and relevant ministries)

Result Area 3 - Regional financial sector actors take increasing actions to require and enforce improved standards for FIs’ policies, practices, accountability and transparency.

Key Activities:
• (1)- Organize a multi-stakeholder consultative workshop to develop a position paper for ASEAN inclusive business summit in 2023 - focusing on green and climate finance in agriculture and extractiveindustry.
• (2)- Organizing a consultative workshop with FFA to develop a joint position papers for G-20 submit on green financing. This activity shall be based on the emerging joint opportunity with other countries and the FFA at the region.

ResultArea 4 - Strong and resilient civil society across the region effectively influences the sustainable finance agenda across the region, integrating a gender lens and community voice.

Key Activities:
- Attend training, follow up, mentoring and coaching
- Reporting about the progress of the training of FFC and FIs
Result Area 5 - Other actors (intermediary stakeholders) have increased awareness and take increased action to influence the sustainable finance agenda.

Key Activities:
- For increasing the awareness and citizen voice, the NGOF will work with its Communication and publication team and FFC coalition members to generate knowledge sharing via social media and website. Those include designing case study reports to be published on NGOF website and produce contents and infographics for posting on Facebook.
- The NGOF’s staff will embrace gender in every facet of its work. Atleast 40% of all network/working group member representatives will be women, and the chair of the network/NETWORK will rotate to a female staff member within the chair organization every other time. All our data and research that we conduct and monitor will be gender disaggregated. We will consistently strive to maintain high percentages of female participation (40%+) in all activities that are jointly funded and implemented by us.  Moreover, we will make sure that every project and proposal incorporates a gender analysisand gender sensitivity section to make sure we are addressing the needs of women, in particular younggirls, in our advocacy, dialogue, and project implementation efforts.