In the global race to mitigate climate change, carbon markets have emerged as a pivotal, if complex, economic tool. They create a framework for buying and selling credits that represent measurable reductions or removals of greenhouse gas (GHG) emissions. These markets are broadly split into two distinct streams: Voluntary Carbon Markets (VCMs), driven by corporate sustainability goals and private initiatives, and Compliance Carbon Markets (CCMs), which are legally mandated by governments to enforce emission reduction targets on major polluters.

In a bold move toward a greener future, the Royal Government of Cambodia has approved 24 renewable energy projects across the country, totaling a massive 5,950 megawatts. This marks one of the most ambitious clean energy pushes in Cambodia’s history, with a mix as diverse as it is powerful:

☀️ 13 solar power plants across 8 provinces, adding nearly 2,000 MW to the grid

💨 6 wind farms in Mondulkiri, totaling 900 MW

Consider this all-too-familiar scenario, a common peril in our profession: a critical Shareholders’ Agreement, a deadline breathing down your neck. Suddenly, MS Word seizes up mid-clause. Tables, meticulously constructed, disintegrate with a single keystroke. Crucial annotations — perhaps a query from a partner or an internal note — vanish into the digital margins moments before a pivotal filing. This isn’t merely inefficient; it’s an unacceptable risk in a field where precision is paramount.

Building a power plant in Cambodia? It’s a long game involving massive investment, complex construction, and critical agreements like the PPA with EDC. Securing your finance is vital, and how and when you secure different assets matters immensely!

Picture this:

“Khmer Solar One,” a project company (SPV), is set to build a major solar farm. Funding is sought from two lenders, “InfraLoan Capital” and “AsiaDev Finance.” Both want a comprehensive security package over: