The Cambodia Australia Partnership for Resilient Economic Development (CAPRED) is Australia's flagship economic development program in Cambodia. Through CAPRED, Australia is supporting Cambodia to achieve resilient, inclusive and sustainable economic growth and development.
CAPRED works to ensure that all Cambodians can participate in and benefit equitably from this growth, by addressing barriers that exclude women, people with disabilities and other marginalised groups.
We improve both enabling policies and financial incentives for investment in water and energy infrastructure, especially benefitting women-led enterprises and marginalised groups.
Australia through CAPRED promotes investment in high-value-added agriculture and – as with all Australia’s economic development initiatives – mitigates against emerging climate change threats to protect the environment for future generations.
Funded by the Australian Government, CAPRED is an A$87 million five-year initiative (2022-2027).
CAPRED’s work aligns with Invested: Australia’s Southeast Asia Economic Strategy to 2040, a practical roadmap to increase Australia's two-way trade and investment with Southeast Asia.
CAPRED will scale its work (interventions) to achieve transformation; use knowledge and evidence strategically; be adaptive and take risks; build lasting partnerships; make gender equality, disability and social inclusion (GEDSI) core to everything the program does; and integrate climate resilience throughout the program.
Our vision of the future is optimistic and challenging but realistic, and it guides everything we do.
We work closely with the Royal Government of Cambodia and development and private sector partners to build coalitions for change. We find a market niche, remain nimble and flexible, provide additionality, and work in areas not covered by other partners. This additionality often involves assuming risk and leveraging others’ capital or procedures.
In our view, genuine transformation is inclusive and empowering and prepares future generations to adapt to and mitigate climate change risks.
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