As part of the global efforts to support partner countries around the world, Team Europe is mobilising 443 million euros in grants and loans to work with Cambodia in fighting the global COVID-19 pandemic, and mitigate its socio-economic effects.
According to a press release AKP received this afternoon, Team Europe is the combined effort of the European Union, its Member States and their financial institutions and implementing agencies. Together, they provide significant financial and technical support to help Cambodia address immediate needs, protect the most vulnerable, mitigate the socio-economic impact of the coronavirus crisis and prepare for recovery. In Cambodia, Team Europe works together with its European partner Switzerland.
All Team Europa programmes and projects contribute to enhancing democratic principles, promoting and protecting human rights and strengthening gender equality.
“The coronavirus pandemic demands cooperation and solidarity. Team Europe stands together with Cambodia in these challenging times. We have to work together to ensure a sustainable and strong economic recovery, and to help mitigate the impact of this pandemic on human lives, jobs and livelihoods. To this purpose, we combine our resources and join efforts with the Government, the people of Cambodia and civil society, in response to this global challenge,” EU Ambassador to Cambodia H.E. Ms. Carmen Moreno said.
The support of the European partners to Cambodia focuses on three essential priorities, in line with the country COVID-19 Master Plan.
In Supporting health, Team Europe contributes to expand research and testing capacities in Cambodia, supports the implementation of the COVID-19 National Action Plan and strengthens the health system. European partners are reinforcing and reorienting their programs on nutrition as well as hygiene, access to clean water and sanitation, to be more responsive to the pandemic needs. Team Europe strongly supports the World Health Organisation and contributes to finance its programmes in Cambodia.
At a time when jobs, livelihoods and food security are in danger, European partners contribute to support people, livelihoods and employment; reaching out to the most vulnerable population through social protection programmes, scholarships, improved access to education, assistance to workers and returned migrants. Team Europe’s programmes sustain livelihoods through aquaculture and fisheries, rural infrastructures development and they contribute to address the challenges related to microfinance crisis management.
Europe will work with Cambodia to support economic recovery and job creation. Team Europe support will contribute to strengthen key areas of the economy and involve public investments for economic development, energy efficiency and green recovery. European programmes and projects will contribute to build resilience in the private sector and to support job creation, to ensure a robust recovery and a more sustainable, inclusive and resilient economy, in keeping with the Agenda 2030 and the Paris Agreement.
This EURO 443 million support (equivalent to US$ 483 million and KHR 1,990 billion) combining new allocations, funds already programmed and redirected funds, is channelled through the Royal Government institutions and partner organisations, including civil society organisations.
Source: Agency Kampuchea Press