Thai economy must accelerate decarbonisation as global restrictions rise: NESDB

The National Economic and Social Development Council (NESDB) has issued a warning that Thailand must take more decisive actions to turn its carbon reduction plans into reality.The country is facing mounting regulatory pressure from export markets and foreign investors, necessitating a proactive response.Danucha Pichayanan, the ...

The Nation Reporter

Cooperation key to fighting climate change, says Prayut at Escap meeting

Thailand emphasised the importance of cooperation in the Asia Pacific to combat climate change during the annual regional meeting “79th Commission Session [CS79]” last week.The meeting on “Accelerating climate action in Asia and the Pacific for sustainable development” was held at the United Nations Conference ...

The Nation Reporter

Excise Department to impose a carbon tax on 3 sectors

Carbon tax imposed by the Excise Department should help Thailand achieve its goals of carbon neutrality by 2050 and net zero greenhouse gas emissions by 2063.The Excise Department plans to impose a carbon tax on the energy, transport and industrial sectors to help Thailand achieve ...

The Nation Reporter

Region told to rev up decarbonisation

Southeast Asia needs to accelerate decarbonisation of its global value chains (GVCs) as the region could face up to a 30% loss of GDP annually by 2100 due to climate change, according to the Asian Development Bank (ADB). Speaking at a conference in Bali, ADB deputy ...

Bangkok Post Reporter

Thailand sees slight uptick in CO2 emissions following end of pandemic restrictions

Thailand emitted 247.7 million tonnes of carbon dioxide (CO2) last year, up 1.5% year on year as the country’s economy recovered from the pandemic, the Energy Policy and Planning Office said on Sunday.The slight increase in carbon dioxide emissions was caused by increased demand for ...

The Nation Reporter

2023 General Election: Which political party is ‘greenest’?

As the May 14 general election is approaching, most political parties have come up with environmental policies. Here The Nation looks into what eight leading parties are offering.Droughts, floods and forest fires can all be put down to climate change. Extreme weather last year served ...

The Nation Reporter

Thailand ups effort to classify economic activities based on environment impact

The Bank of Thailand (BOT) says it is accelerating issuance of standards to classify economic activities based on their environmental impact, to help the country cope with climate change.The so-called Thailand Taxonomy standards will aid green financing as companies transition to the government’s BCG (Bio-Circular-Green) ...

The Nation Reporter

Collaboration for the climate

A commitment to cooperation between countries in Southeast Asia remains the key to tackling climate change as its impact continues to take a greater toll on the region’s economy and people, say experts.The mutually beneficial results of such a commitment are clear, one of them ...

Bangkok Post Reporter

Thai PTTEP to debut nation's first carbon capture project by 2026

A unit of Thai state oil and gas group PTT aims to put the country’s first carbon capture and storage project into operation by 2026, a key step toward Thailand’s goal of achieving carbon neutrality by 2050.PTT Exploration and Production intends to sequester carbon dioxide ...

PM to present net-zero goal at COP26

Prime Minister Gen Prayut Chan-o-cha will attend the 26th UN Climate Change Conference (COP26) in the United Kingdom next week where he will formally announce Thailand’s new pledge to achieve carbon neutrality by 2065.Natural Resources and Environment Minister Varawut Silpa-archa said Thailand’s delegates to the ...

Bangkok Post Reporter

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