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ADB Launches Climate-Finance Program/Sustainability: Sustainable tourism vision for Nakhon Si Thammarat/Energy: Thailand’s new energy roadmap/Recycling: Real World Asset Partners with Udon Thani/Air: Transboundary Haze in Southeast Asia/Renewables: Solar Rooftop Power/Electric vehicles: EV insurance in the driver’s seat/Wildlife: Salween dam’s impact on fish stocks/
ADB Launches Climate-Finance Program With Thailand
Asian Development Bank (ADB) VicePresident for East and Southeast Asia and the Pacific Scott Morris, along with ADB Country Director Anouj Mehta, launched a new climate finance-focused program in Thailand with Ministry of Natural Resources and Environment’s Department of Climate Change and Environment (DCCE) Director General Phirun Saiyasitpanich during Morris’ visit to the country in June.
The technical assistance project — Accelerating Climate Finance in Thailand — supports Thailand to accelerate finance flows from all sources — public, private, and capital markets — to achieve its net-zero targets. Continued …
Urasaya Property leads sustainable tourism vision for Nakhon Si Thammarat
Urasaya Property Co., the real estate company and developer of Banyan Tree Residences Sichon, came together with local tourism leaders, key stakeholders and the business community in Nakhon Si Thammarat to discuss and share its vision for creating a bright and sustainable future for this southern Thai province.
Under the Thai government’s “Ignite Thailand” initiative, which was unveiled in June, 55 second-tier provinces with high potential for tourism will be promoted under five “must-do” categories: Must Eat Local Food, Must See Local Culture, Must Seek Unseen Attractions, Must Buy Local Arts and Crafts, and Must Beat Local Sports. Within this framework, this collaborative meeting aimed to create a collaborative plan for the development and promotion of tourism in Nakhon Si Thammarat. Continued …
Thailand’s new energy roadmap: a path to eco and economic crisis?
Thailand is set to boost renewable energy used in electricity production from 36% to 51% in its latest power-development plan (PDP). Yet, many experts argue that the plan is a blueprint for failure in meeting emissions targets and ensuring energy security.
Prepared by the Energy Ministry, the PDP is the country’s master plan for power production based on forecasts of rising demand over the next 15 to 20 years. The PDP was aired at a week-long public hearing and will be submitted to the Cabinet for approval soon, said Veerapat Kiatfuengfoo, director of the Energy Policy and Planning Office (EPPO). Continued …
Real World Asset Partners with Udon Thani on Waste Recycling
Real World Asset (RWA) is taking the lead in establishing a circular economy through recycling in collaboration with district offices in Udon Thani Province. RWA recently secured partial equity rights to a landfill in Udon Thani, a result of close cooperation with the Thai government. This project is expected to serve as an important foundation for sustainable environmental projects within Thailand.
The current landfill managed by RWA has the capacity to handle approximately 670,000 tons of waste, ensuring stable revenue. Additionally, RWA plans to gradually expand its landfill project rights in cooperation with various cities and districts in Thailand. The company aims to utilize various types of waste to create new materials and renewable energy, generating additional income. Continued …
The Pressing Issue of Transboundary Haze in Southeast Asia
Air pollution has long been a significant health concern in Southeast Asia, with the issue of transboundary haze taking center stage in recent years. This environmental challenge knows no borders, as smoke from wildfires and land-clearing activities in one country can easily drift across national boundaries, blanketing entire regions in a thick, hazardous haze.
One of the main causes of transboundary haze pollution in the ASEAN region is peatland fires. The ASEAN region is home to 56% of the global tropical peatlands, yet more than 3 million hectares of peatlands in Southeast Asia have been destroyed by fire. Continued …
SCG Cleanergy Collaborates With Seagate Thailand for Solar Rooftop Power
SCG Cleanergy Co. and Seagate Technology (Thailand) Co. have signed a contract to purchase electricity from clean energy. This agreement involves the installation of a 20.96-megawatt solar rooftop system at Seagate’s factory in Nakhon Ratchasima Province.
This project marks the largest solar initiative since SCG Cleanergy began operations, highlighting a commitment to sustainable energy and the movement toward a low-carbon society. Continued …
EV insurance in the driver’s seat
Electric vehicle insurance has emerged as a crucial factor that could shape the future of Thailand’s burgeoning EV industry.
Although a recent report suggesting two insurance companies have ceased insuring electric cars remains unconfirmed, it has prompted insurers, automakers and bankers to seriously consider insurance and various issues that could impact EV sales. Continued …
Experts warn of Salween dam’s impact on fish stocks
Experts are concerned that the diversion of water from the Salween River to the Ping River could lead to a decline in fish stocks due to competition from invasive species and genetic contamination.
Fisheries biologist at Maejo University, Apinan Suwannarak, on Sunday said the Nam Yuam Dam project – which could divert up to 1.8 billion cubic meters of water from the Salween River basin along the Thai-Myanmar border to the Ping River, which is located further inside the country – could threaten the survival of up to 98% of the species found along the Ping River. Continued …
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