The country has a target to achieve net zero emissions by 2065. THAILAND is considering proposals to allow businesses to offset as much as 15 per cent of their greenhouse gas pollution with carbon credits in a planned emissions trading system.
The strategy is intended to help stimulate development of the nation’s voluntary carbon market, said Suraphon Buphakosum, vice-president and head of the sustainability service development at the Stock Exchange of Thailand, which is involved in the market’s development. “Thailand wants to support and promote the country’s voluntary carbon market, especially for forestry projects,” Buphakosum said on Tuesday (Mar 4). “While it’s still subject to government approval, the scheme will only allow credits from nature-based projects.”
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March 18, 2025
