Green Economy in Thailand: There’s No Shortcut for Sustainability
The transition to a green economy represents a fundamental shift in economic thinking, responding directly to urgent global environmental challenges such as climate change, resource scarcity, and pollution. These interconnected issues have intensified with the growing global population and the expanding footprint of industrialization and urbanization.
As economies strive for growth, the traditional approach often neglects environmental consequences, leading to the depletion of natural resources and the degradation of ecosystems. Continued …
Uncovering circular economy opportunities in Thailand
Developing a circular economy is central to Thailand’s future growth strategy. The government’s ambition is to leave the middle-band GDP bracket by 2037, but it must balance planned growth against strict environmental targets.
Arup, a global collective of designers, engineers and technical experts, was asked by the Thai government to work with the International Finance Corp. (IFC), an organization providing national governments with analysis on driving private sector growth. Our remit was to study the possibility of a circular economy across three of the country’s most strategic sectors: food and agriculture, electrical and electronic equipment, and construction. Continued …
Ajinomoto’s secret to doubling Thai farmers’ yields
Ajinomoto FD Green (Thailand) Co. (Ajinomoto FD Green), a leading eco-friendly enterprise and subsidiary of the Ajinomoto Group, is making waves in sustainable agriculture by empowering Thai farmers. Through their innovative Thai Farmer Better Life Partner project, now in its fourth year, they aim to revolutionize cassava and coffee farming.
Ajinomoto’s initiative, part of its global 2030 sustainability strategy, seeks to foster a thriving social and environmental ecosystem via the Ajinomoto Biocycle initiative. The core of this project is the Farm School model, designed to educate cassava and coffee growers with cutting-edge cultivation techniques and knowledge. Continued …
Sustainability Forum propels Thai business sector toward Net-Zero
SET hosted the Sustainability Forum 2/2024 to propel Thai businesses toward net-zero goals. Experts discussed global GHG emissions crisis solutions and ways to increase business integrity and competitiveness.
The forum focused on empowering Thai businesses’ readiness to navigate uncertainties, foster robust growth, accelerate their science-based journey toward achieving net zero targets, and pursue long-run resilience. By aligning the quality of ESG data with international standards, the SET Sustainability Forum aims to unleash the potential of the Thai business sector and secure a prominent presence on the global stage, enabling the environment to compete on a global scale. Continued …
A closer look at Thailand’s new energy plan
The revised version of the power development plan (PDP), which went through a week-long public hearing ending on June 19, is ready to be forwarded for approval by energy authorities, who expect to implement the plan within this year.
The plan is expected to pave a clearer path for Thailand to shift toward cleaner energy, central to government efforts to cut carbon dioxide emissions. Continued …
No plans to cease production of Mirage and Attrage eco-cars: Mitsubishi
Mitsubishi Motors Thailand, on Tuesday reaffirmed its commitment to establishing Thailand as a strategic growth hub and stated categorically that there were no plans to stop producing Mitsubishi Mirage and Attrage.
In a statement, the leading automaker and exporter in Thailand said it was serving as a strategic growth center for Mitsubishi Motors Corp. With an annual production capacity exceeding 400,000 units, Mitsubishi Motors Thailand’s manufacturing facility is the largest outside of Japan, exporting over 80% of its production volume to 120 countries worldwide. Continued …
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