The Asian Development Bank yesterday arranged a workshop on Future and Foresight Learning focused on supporting the implementation of strategies by the Royal Government in Sofitel Phnom Penh Phokeethra.
Attended by representatives from various ministries and organisations in Phnom Penh, the workshop in Sofitel Phnom Penh Phokeethra was facilitated by Dr Sohail Inayatullah, Unesco Chair in Future Studies.
Future studies are the study of possible, probable and preferable futures and the worldviews and myths that underlie them.
Mr Inayatullah said future studies seek to understand what is likely to continue and what could plausibly change. Future Studies and Strategic and Transformational Foresight offer tools to manage the increasing uncertainties and the rapid change of our times.
“Last year, ADB approved a new corporate strategy 2030, with the vision to achieve a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty,” Sunniya Durrani-Jamal, Country Director of ADB Cambodia, said at the event.
In the context of Cambodia, ADB aims to advance the policy dialogue to accelerate the country’s ability to leverage innovative approach for inclusive and sustainable economic growth, driven by increasing Cambodia’s competitiveness.
The bank believes that the learning strategy will highly benefit the citizens of the Kingdom as the futures and foresight tools are highly participatory.
“It is different from traditional forecasting and planning which often happens among a small group of people,” Ms Sunniya noted.
ADB will first begin with familiarising counterparts such as government, the public sector and civil society in Cambodia with the methodology. The bank will then apply the technique in project design and in supporting longer-term sector developing planning, depending on the interest shown.
The future and foresight methodology has been applied in countries such as Finland, Malaysia, Singapore and the United Arab Emirates aiding and encouraging governments in those countries to encourage long range strategic societal planning.