Sevea

Sevea

Business Consulting and Services

Boosting Your Ethical Ventures

About us

Sevea is a Consulting Company, based in Cambodia, providing strategical & operational support to corporates, organizations and social enterprises in the development of their social impact strategies in emerging markets worldwide. Sevea operates mainly in clean energy sector or for energy related issues in the sectors of water, health & agriculture - www.seveaconsulting.com

Website
http://www.seveaconsulting.com
Industry
Business Consulting and Services
Company size
11-50 employees
Headquarters
Phnom Penh
Type
Privately Held
Founded
2011
Specialties
Social Entrepreneurship, Clean & Renewable Energies, Water, BOP market, Strategic & Operational Consulting, and Emerging Markets

Locations

  • Primary

    #540, Lots H2a & H8a Aquation Building, Koh Pich Street

    Phnom Penh, KH

    Get directions

Employees at Sevea

Updates

  • 𝗛𝗲𝗿𝗲’𝘀 𝗪𝗵𝘆 𝗥𝗮𝗶𝘀𝗶𝗻𝗴 𝗔𝘄𝗮𝗿𝗲𝗻𝗲𝘀𝘀 𝗔𝗯𝗼𝘂𝘁 𝗪𝗮𝘀𝘁𝗲 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗠𝗮𝘁𝘁𝗲𝗿𝘀 𝗠𝗼𝗿𝗲 𝗧𝗵𝗮𝗻 𝗘𝘃𝗲𝗿 ✅Read Sreyleak San's insights from her year of working in the #waste sector! #sevea #wastemanagement #sustainability #circulareconomy #cambodia

    𝗛𝗲𝗿𝗲’𝘀 𝗪𝗵𝘆 𝗥𝗮𝗶𝘀𝗶𝗻𝗴 𝗔𝘄𝗮𝗿𝗲𝗻𝗲𝘀𝘀 𝗔𝗯𝗼𝘂𝘁 𝗪𝗮𝘀𝘁𝗲 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗜𝘀 𝗦𝘁𝗶𝗹𝗹 𝗖𝗿𝘂𝗰𝗶𝗮𝗹   After spending the past year working in 𝗪𝗮𝘀𝘁𝗲 𝘀𝗲𝗰𝘁𝗼𝗿 𝗶𝗻 𝗖𝗮𝗺𝗯𝗼𝗱𝗶𝗮 𝘄𝗶𝘁𝗵 Sevea, I’ve gained some important insights that I’d like to share:   1️⃣Many people still believe they don’t need to take responsibility for their 𝘄𝗮𝘀𝘁𝗲 𝗱𝗶𝘀𝗽𝗼𝘀𝗮𝗹 𝗮𝗻𝗱 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁, seeing it as someone else’s job. 2️⃣The 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝗹 𝘄𝗮𝘀𝘁𝗲 𝘀𝗲𝗰𝘁𝗼𝗿, despite its vital role in recycling and collection, is often overlooked and underappreciated. 3️⃣There is significant potential to enhance both our 𝗶𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 and 𝗮𝘄𝗮𝗿𝗲𝗻𝗲𝘀𝘀-𝗿𝗮𝗶𝘀𝗶𝗻𝗴 efforts to better address the scale of waste management challenges. 4️⃣The true impact of waste disposal in landfills is often ignored because these sites are located far from urban areas. However, for poor communities living near these "mountains of waste," the effects are immediate and devastating.   Last week, I sought out a 𝗻𝗲𝘄 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲 by participating in a 𝗽𝗼𝗹𝗶𝗰𝘆 𝘄𝗮𝗹𝗸 𝘀𝗲𝘀𝘀𝗶𝗼𝗻 𝗯𝘆 GGGI Cambodia. My goal was to listen to and observe the perspectives of the 𝗻𝗲𝘄 𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝗼𝗻 on waste management. To my surprise, many young people volunteered to attend the session, driven by curiosity and concern about this critical issue.   One of their main suggestions stood out to me: 𝗿𝗮𝗶𝘀𝗶𝗻𝗴 𝗮𝘄𝗮𝗿𝗲𝗻𝗲𝘀𝘀 𝗮𝗻𝗱 𝘀𝘂𝗽𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗳𝗼𝗿 𝗿𝗲𝗰𝘆𝗰𝗹𝗶𝗻𝗴 𝗮𝗻𝗱 𝗰𝗼𝗺𝗽𝗼𝘀𝘁𝗶𝗻𝗴 𝗶𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲𝘀. This resonated deeply because it reflects the need for actionable, community-driven solutions to tackle the waste crisis.   For me, this experience reaffirmed that change starts with awareness and collaboration. The passion and ideas of these young participants were a reminder that we all have a role to play in building a more sustainable future.   💬 𝗛𝗼𝘄 𝗱𝗼 𝘆𝗼𝘂 𝘁𝗵𝗶𝗻𝗸 𝘄𝗲 𝗰𝗮𝗻 𝗯𝗲𝘁𝘁𝗲𝗿 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝗿𝗲𝗰𝘆𝗰𝗹𝗶𝗻𝗴 𝗮𝗻𝗱 𝗰𝗼𝗺𝗽𝗼𝘀𝘁𝗶𝗻𝗴 𝗶𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲𝘀? I’d love to hear your thoughts! #WasteManagement #Sustainability #PersonalReflections #CircularEconomy 

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  • On November 25th, 2024, Sevea had the privilege of participating in and presenting at the third 𝐂𝐚𝐦𝐛𝐨𝐝𝐢𝐚 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐢𝐚𝐥 𝐄𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦 𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧𝐢𝐧𝐠 𝐂𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞 (𝐂𝐀𝐌𝐄𝐒𝐂𝐎𝟐𝟒). Focused on the theme “𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐈𝐦𝐩𝐚𝐜𝐭,” this event brought together nearly 200 key players, including investors, entrepreneurial support organizations (ESOs), and government representatives, to drive innovation and systemic change. At the event, our senior consultant, Agnès LACHAISE , presented the initial findings from a social network analysis (SNA) conducted on behalf of and in collaboration with Swisscontact and Khmer Enterprise. The study, based on detailed data from nearly 𝟒𝟎𝟎 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 and more than 𝟒𝟎 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐬𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬, sheds light on: ✅ How connected the entrepreneurial ecosystems are in Phnom Penh, Siem Reap, and Battambang. ✅ Highlights the key support services SMEs need, and how entrepreneurs share knowledge and rely on mentors. ✅ What can be done to strengthen and improve these ecosystems. We want to sincerely thank all the respondents and entrepreneurs who took the time to share their experiences and insights. Your valuable input helps us better understand the ecosystem and find ways to make it even stronger.   𝐓𝐡𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐫𝐞𝐥𝐞𝐚𝐬𝐞𝐝 𝐢𝐧 𝐞𝐚𝐫𝐥𝐲 𝟐𝟎𝟐𝟓—𝐬𝐭𝐚𝐲 𝐭𝐮𝐧𝐞𝐝!   The event featured many speakers from 𝐂𝐚𝐦𝐛𝐨𝐝𝐢𝐚 𝐚𝐧𝐝 𝐛𝐞𝐲𝐨𝐧𝐝, including representatives from the 𝐉𝐚𝐩𝐚𝐧 𝐅𝐮𝐧𝐝𝐫𝐚𝐢𝐬𝐢𝐧𝐠 𝐀𝐬𝐬𝐨𝐜𝐢𝐚𝐭𝐢𝐨𝐧, Mekong Strategic Capital, Instellar Indonesia, Malaysia Impact Alliance (MyImpact), Aquarii BD Cambodia, 𝐒𝐚𝐬𝐚𝐤𝐚𝐰𝐚 𝐏𝐞𝐚𝐜𝐞 𝐅𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧 (𝐒𝐏𝐅), Aspen Network of Development Entrepreneurs (𝐀𝐍𝐃𝐄), and Swiss EP - Swiss Entrepreneurship Program.   Key conference highlights included: ✅ The pre-launch of Global Steering Group for Impact (GSG Impact) Cambodia National Partner to enhance impact investments, inspiring regional stories about impact investment growth. ✅ Insights on strategies to strengthen collaboration among ESOs. ✅ Emerging trends in the role of AI and ESG to support entrepreneurship.   𝐂𝐀𝐌𝐄𝐒𝐂𝐎𝟐𝟒 proved to be an excellent platform for exchanging ideas and delivering value to the entrepreneurial ecosystem. We look forward to participating again next year! #EntrepreneurshipEcosystem #CAMESCO24 #SEVEA #SustainableDevelopment #ImpactInvestment #EntrepreneurialSupport #SMESupport #CambodiaInnovation

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  • 𝐀𝐝𝐯𝐚𝐧𝐜𝐢𝐧𝐠 𝐄𝐧𝐞𝐫𝐠𝐲 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐢𝐧 𝐂𝐚𝐦𝐛𝐨𝐝𝐢𝐚: 𝐀 𝐌𝐢𝐥𝐞𝐬𝐭𝐨𝐧𝐞 𝐟𝐨𝐫 𝐒𝐄𝐕𝐄𝐀 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐄𝐧𝐞𝐫𝐠𝐲 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐏𝐥𝐚𝐧  ⚡🌿 On December 4th, Sevea proudly marked a significant step forward in our commitment to supporting the Government of Cambodia in implementing 𝐭𝐡𝐞 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐄𝐧𝐞𝐫𝐠𝐲 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐏𝐥𝐚𝐧 (𝐍𝐄𝐄𝐏). With our extensive experience in the 𝐞𝐧𝐞𝐫𝐠𝐲 𝐬𝐞𝐜𝐭𝐨𝐫 and expertise in designing action-oriented energy efficiency programs, the Ministry of Mines and Energy (𝐌𝐌𝐄) has entrusted Sevea to help drive the implementation of the NEEP. This initiative will foster collective action and engagement across educational institutions, government agencies, and the corporate sector. Through collaboration with MME, 𝐏𝐫𝐨𝐯𝐢𝐧𝐜𝐢𝐚𝐥 𝐃𝐞𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭𝐬 𝐨𝐟 𝐌𝐢𝐧𝐞𝐬 𝐚𝐧𝐝 𝐄𝐧𝐞𝐫𝐠𝐲 (𝐏𝐃𝐌𝐄), sub-national authorities, tertiary institutions, and private sector stakeholders,Sevea will provide technical assistance, capacity-building services, and awareness-raising programs to promote energy efficiency nationwide. To achieve meaningful energy savings, we will leverage our success with the Cambodia Energy Efficiency Competition (CEE Comp) to launch targeted, action-driven challenges for government agencies and universities in Phnom Penh and selected Provinces. For the private sector, Sevea will introduce a new energy efficiency challenge program designed to engage more participants, deliver greater results and maximize impact. We’re proud to be part of this journey! Stay tuned for updates on this project and new energy efficiency initiatives. #Cambodia #Sustainability #CapacityBuilding #NEEP #ClimateAction #EnergyEfficiency

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  • 🌍 𝗗𝗿𝗶𝘃𝗶𝗻𝗴 𝗚𝗿𝗲𝗲𝗻 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗶𝗻 𝗖𝗮𝗺𝗯𝗼𝗱𝗶𝗮   The transition to a green economy is not just an option—it's essential. Yet, Banking and Financial Institutions (BFIs) in Cambodia often face significant hurdles, from grasping the complexities of green economy sectors to creating impactful green financial products and accessing environmental funds.   ✅As a leading and trusted consulting firm in Green Finance, Sevea empowers BFIs with the knowledge, strategies, and tools to drive positive change. Our expertise spans Sustainable (Green & Climate) Finance, ESG implementation, and capacity building, enabling us to deliver actionable and customized solutions that empower organizations to lead the green transition.   Sevea, in partnership with Cambodia Microfinance Association (CMA) and Oxfam, conducted a workshop for over 35 microfinance and leasing companies, providing insights into Green Finance (GF), ESG-aligned product design, sustainability, and key green economy trends, empowering participants to drive meaningful change.   Training sessions covered sustainability and climate concepts including the latest analysis from #COP29, GF’s role in achieving Cambodia's Sustainable Development Goals and NDCs, key trends and opportunities in green finance sectors, and practical advice on developing targeted GF products/instruments.   Key insights for BFI's seeking to design green finance products:   1️⃣ Act Now—Inaction is Costly. BFIs that delay embracing Green Finance risk missing out on a $3 billion market opportunity by 2030, facing higher non-performing loan (NPL) rates, and losing access to critical upstream funding streams. 2️⃣ Leverage Your Strengths - Identify opportunities that align with your unique capabilities and market positioning. Promising sectors like clean transportation (EV) and renewable energy are ripe for growth, but competition will be intense. 3️⃣ Build Organizational Capacity - A successful green transition requires a shift in mindset and practices across all organizational levels—from the boardroom to loan officers. 4️⃣ Incorporate ESG Principles - Under the "Do No Significant Harm" (DNSH) principle, financial products are only "green" if they avoid significant negative social or environmental impacts. Implementing robust ESG due diligence is essential for designing credible green products. 5️⃣ Educate Your Clients - Green Finance is new territory for many clients. BFIs will play a critical role in guiding them to understand and maximize the opportunities it offers.   💡Looking for expertise in Green Finance, ESG implementation, and capacity building with tailored, impactful solutions for financial institutions? 𝗢𝘂𝗿 𝗲𝘅𝗽𝗲𝗿𝘁𝘀 𝗮𝗿𝗲 𝗵𝗮𝗽𝗽𝘆 𝘁𝗼 𝗵𝗲𝗹𝗽 𝘆𝗼𝘂! Cécile Dahome, Wilson Soo, Mon Sreyleak, Ph.D., Irénée Vallettem, Thomas Corolleur, Christy Davis, Jean Pinat #greenFinance #esg #sevea #cambodia #sustainability #bestconsulting #expert #sustainablefinance #climateAction #environment

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    ♻️ 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗮𝗻 𝗜𝗻𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗮𝗻𝗱 𝗖𝗶𝗿𝗰𝘂𝗹𝗮𝗿 𝗧𝗲𝘅𝘁𝗶𝗹𝗲 𝗪𝗮𝘀𝘁𝗲 𝗩𝗮𝗹𝘂𝗲 𝗖𝗵𝗮𝗶𝗻 𝗶𝗻 𝗖𝗮𝗺𝗯𝗼𝗱𝗶𝗮   On 28 November, Sevea facilitated the second session of the Textile Waste Handlers Training as part of Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH’s project to advance sustainable textile waste management in Cambodia. Hosted by the CGTI, this session focused on compliance, communication strategies, and business development.   ✅Building on the first session held on 17 October—which explored garment production cycles, recycling processes, and traceability—this training equipped participants with actionable skills to align with labor laws and international standards.   We wholeheartedly believe in the power of collective learning and action. The energy, curiosity, and ideas shared by our participants inspire us to continue shaping meaningful change.   📗This training is only the beginning. We are excited to release a comprehensive handbook soon, summarizing the learnings from both training sessions, which will be available on The Asia Garment Hub.   Together with GIZ Cambodia, Sevea remains committed to advancing sustainable textile waste management and fostering circularity in Cambodia's garment sector.   Interested in discussing textile waste management or exploring collaboration opportunities?  ✅Reach out to us—we’d love to connect, and our experts are here to help you.   Thanks to our Sevea team: Lucas Gauthier, Sota Horl, Sreyleak San   #TextileWasteManagement #CircularEconomy #SustainableFashion #GarmentIndustry #Cambodia #CapacityBuilding #Sustainability #CircularTextiles #Sevea #GIZ #Consulting #Environment #leadingconsulting

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    𝗦𝗲𝘃𝗲𝗮'𝘀 𝗖𝗵𝗮𝗻𝗴𝗲 𝗖𝗮𝘁𝗮𝗹𝘆𝘀𝘁𝘀: 𝗠𝗲𝗲𝘁 𝘁𝗵𝗲 𝗧𝗲𝗮𝗺   🌿 Let us introduce you to Irénée Vallette, one of Sevea’s passionate consultants helping to shape Cambodia’s sustainable future!   With expertise in sustainable finance and a deep understanding of emerging markets, Irénée Vallette is passionate about empowering the private sector to tackle #climate #challenges—turning this pivotal transformation into a real opportunity for #growth and #innovation.   ▶️▶️▶️Swipe to read about his journey, insights, and aspirations!   #seveateam #purpose #passion #meettheteam #meetourteam #whoworkatsevea #sevea #teamatsevea #changemakers #developmentconsultant #cambodia #sustainability #climateaction #consulting #expert #senior #staffs #cambodia

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    𝗗𝗶𝗱 𝘆𝗼𝘂 𝗸𝗻𝗼𝘄 𝘁𝗵𝗮𝘁 𝗖𝗮𝗺𝗯𝗼𝗱𝗶𝗮’𝘀 𝗚𝗮𝗿𝗺𝗲𝗻𝘁, 𝗙𝗼𝗼𝘁𝘄𝗲𝗮𝗿, 𝗮𝗻𝗱 𝗧𝗿𝗮𝘃𝗲𝗹 𝗚𝗼𝗼𝗱𝘀 (𝗚𝗙𝗧) 𝘀𝗲𝗰𝘁𝗼𝗿 𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗲𝘀 𝟭𝟯𝟲,𝟭𝟱𝟭 𝘁𝗼𝗻𝘀 𝗼𝗳 𝘁𝗲𝘅𝘁𝗶𝗹𝗲 𝘄𝗮𝘀𝘁𝗲 𝗮𝗻𝗻𝘂𝗮𝗹𝗹𝘆?   With the #GFT sector being a cornerstone of Cambodia’s economy—providing critical #employment and export #revenue—it’s clear that addressing textile waste is not just an #environmental necessity but also a key #economic opportunity.   The Sustainability Recommendation Paper by GIZ Cambodia sheds light on actionable steps to transition the GFT sector toward a circular economy. In short, this paper is a vital resource for anyone interested in sustainable practices within the textile industry.    📥 Get your copy now in the post below!   At Sevea, we can support you with your: ✅Strategy Design ✅Capacity Building ✅Partnership Facilitation ✅Sustainability Reporting Let us help you lead the way in sustainable transformation! #Sevea #Strategy #Cambodia #Consulting #GFT #Textile #Sustainability #Paper #GIZCambodia

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    📣 𝐓𝐡𝐞 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐑𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧 𝐏𝐚𝐩𝐞𝐫 𝐨𝐧 "𝐏𝐫𝐨𝐦𝐨𝐭𝐢𝐧𝐠 𝐓𝐞𝐱𝐭𝐢𝐥𝐞 𝐖𝐚𝐬𝐭𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐚𝐧𝐝 𝐑𝐞𝐜𝐲𝐜𝐥𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐚𝐫𝐦𝐞𝐧𝐭, 𝐅𝐨𝐨𝐭𝐰𝐞𝐚𝐫, 𝐚𝐧𝐝 𝐓𝐫𝐚𝐯𝐞𝐥 𝐆𝐨𝐨𝐝𝐬 (𝐆𝐅𝐓) 𝐒𝐞𝐜𝐭𝐨𝐫" 𝐢𝐬 𝐧𝐨𝐰 𝐚𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐟𝐨𝐫 𝐝𝐨𝐰𝐧𝐥𝐨𝐚𝐝! This paper outlines a comprehensive approach to building a circular ecosystem for textile waste recycling, helping the industry meet global sustainability demands while strengthening local practices. Key Findings: ✅ The GFT sector is vital for Cambodia's economy. As Cambodia nears its LDC graduation, circularity offers a path to maintain global competitiveness and environmental resilience. ✅ The industry generates over 136,000 tons of textile waste annually. Transitioning to recycling can minimize environmental impacts and transform waste into value. ✅ Local policies, combined with EU sustainability directives, highlight both challenges and opportunities for the sector to adopt responsible practices. ✅ A circular economy depends on coordinated efforts from government, industry players, buyers, and waste management experts. To create a circular textile waste ecosystem, stakeholders need to implement stronger policies, improve infrastructure, increase traceability, and collaborate on sustainable solutions. Check out the full paper to find out more about our actionable recommendations for the government, factories, buyers/fashion brands, and other relevant stakeholders in the industry. Download now ➡️ https://lnkd.in/gRQ4-t7n #CircularEconomy #Circularity #TextileWaste #TextileRecycling #Sustainability EuroCham Cambodia The RBH Network Global Fashion Agenda H&M Foundation

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    𝗪𝗵𝗮𝘁’𝘀 𝘁𝗵𝗲 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝘁𝗼 𝗔𝗱𝘃𝗮𝗻𝗰𝗲 𝗚𝗿𝗲𝗲𝗻 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗶𝗻 𝗖𝗮𝗺𝗯𝗼𝗱𝗶𝗮? ✅At the recent Annual Microfinance Conference organized by the Cambodia Microfinance Association (CMA), Wilson Soo, Head of Energy, SME & Sustainable Finance at Sevea, delivered an insightful presentation titled "Opportunities to Advance Green Finance in Cambodia."   Wilson Soo emphasized the critical need for financial institutions to go beyond merely developing green finance instruments and instead adopt a holistic approach to "greening" their operations. This involves embedding environmental considerations into their core strategies, decision-making processes, and day-to-day operations. 📍Such transformative shifts are essential to address the escalating risks to financial systems posed by environmental degradation. Notably, Cambodia stands to face a staggering 10% reduction in GDP by 2050 due to climate-related impacts, underscoring the urgent need for systemic change within the financial sector.   Despite these challenges, Wilson Soo highlighted substantial opportunities within Cambodia's green finance sector, estimated at $3 billion by 2030. Key areas for investment include clean transportation, renewable energy, energy efficiency, green buildings, climate-smart agriculture, and blue economy projects.   In the face of such threats and opportunities, early adopters will gain a significant competitive advantage while promoting a more sustainable and resilient future. Wilson insisted on the importance of a coordinated approach between government & public agencies, development partners, CSOs, private sector companies and financial institutions to overcome the challenges to the development of green finance and unlock its potential in Cambodia. Interested in discussing further? ✅Connect and talk with our experts, Wilson Soo and Irénée Vallette #GreenFinance #CleanEnergy #SustainableFinance #ClimateChange #EnergyEfficiecny #Greenbuiliding #BlueEconomy #ClimateSmartAgriculture #CambodiaGreenEconomy #ClimateAction #Sevea #CMA #Sustainability

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    🌊✨អបអរសាទរពិធីបុណ្យអុំទូក បណ្តែតប្រទីប សំពះព្រះខែ និងអកអុំបុក!   ក្នុងឱកាសព្រះរាជពិធីបុណ្យអុំទូកខាងមុខនេះ 𝐒𝐞𝐯𝐞𝐚 សូមជូនពរអោយពុកម៉ែបងប្អូនប្រជាជនខ្មែរទាំងអស់ អោយជួបតែសេចក្តីសុខ និងសេចក្តីចម្រើន។   សូមឱ្យថ្ងៃឈប់សម្រាកនេះ នាំមកនូវភាពរីករាយនិងសាមគ្គីភាពដល់អ្នកក្រុមគ្រួសារមិត្តភក្តិនិងក្រុមការងាររបស់អ្នកទាំងអស់គ្នា។ . . . 𝐂𝐞𝐥𝐞𝐛𝐫𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐂𝐚𝐦𝐛𝐨𝐝𝐢𝐚𝐧 𝐖𝐚𝐭𝐞𝐫 𝐅𝐞𝐬𝐭𝐢𝐯𝐚𝐥!   In the approaching festival, 𝐒𝐞𝐯𝐞𝐚 wishes everyone a safe and festive celebration. May the festival bring joy and unity to you, your family, friends, and colleagues.   #WaterFestival #Cambodia #Sevea #TraditionAndUnity #Celebrating

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    🏭⚡️4 Key Insights from the Workshop on Energy Efficiency in Cambodia’s Garment Sector The National Energy Efficiency Policy (NEEP) was launched in 2022 with a clear and ambitious target: to reduce total national energy consumption by at least 19% by the year 2030, compared to a "Business-as-Usual" scenario. Within this framework, the industrial sector—one of Cambodia’s major energy consumers—aims for a 20% reduction in energy consumption. In Cambodia's fast-growing industrial sector, especially in the garment sector, reducing energy consumption is no longer just an option—it’s a necessity. Last week, at #CleanEnergyWeek2024 hosted by EnergyLab Cambodia, our Senior Energy Consultant, VERGENYLUNDY SONG, moderated a panel to explore the country’s progress and challenges in adopting energy-efficient technologies in the garment sector. The discussion also covered capacity-building initiatives and the skills needed to help Cambodia meet the goals outlined in NEEP. Industry experts from GGGI Cambodia, Geres Cambodia, and the Institute of Technology of Cambodia joined the conversation. Key insights: ▶️ NEEP Progress and Challenges: Although Cambodia’s National Energy Efficiency Policy (#NEEP) was launched in 2022, its implementation has initially been slow. However, the sector is now gaining momentum in adopting energy-efficient technologies, as seen in development projects like EU-Switch Garment and VETHIC. Government enforcement and guidance are needed for key industrial players, such as garment factories, to take appropriate action. ▶️ Collaboration is Crucial: Partnerships between government, industry, and development organizations are essential for Cambodia to meet its energy efficiency goals. These #collaborations bring technical expertise, financial support, and policy alignment, ensuring continued progress. ▶️ Communicating Cost Savings: Factories need clear communication about the long-term financial savings and sustainability benefits of energy-efficient solutions to drive wider adoption. Real case studies are also key motivators, as factories that have adopted energy-efficient practices report not only financial savings but also improved productivity and competitiveness. ▶️ Building a Skilled Workforce: Energy efficiency experts are essential for sustaining energy efficiency initiatives. The panel highlighted the need for partnerships with institutions like ITC to develop educational programs to train the next generation of energy experts. The message is clear—collaboration between government, industry, and development partners is vital to meeting Cambodia’s energy efficiency goals. With the right investments and strategies, a skilled workforce, and an industrial sector committed to change, Cambodia's garment sector can lead the way in energy efficiency. Ready to make your business more energy-efficient? 💡 Contact us today for expert advice and tailored strategies! #Sevea #CEW2024 #Garment #Geres #GGGI

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