Climate Finance in Thailand
Recognizing the pivotal role of the financial sector in combating climate change, CFNT’s primary objective is to help catalyze impactful climate finance through solution-based research, stakeholder engagement, and network building. Our ultimate goal is to assist Thailand’s financial sector to be more responsive to the challenges of climate change. By uniting forces with like-minded partners, CFNT endeavors to help shape a financial landscape that aligns with global sustainability goals and fosters a resilient, green, and inclusive economy.
Articles
Navigating Thailand’s energy transition
In Thailand’s National Energy Plan (NEP) — a blueprint outlining the country’s energy strategy from 2023 to 2037 — a small portion of nuclear energy is included as one form of alternative energy. The NEP has set the goal that 50% of energy for consumption must come from clean and renewable sources like wind, solar, […]
Energy shift calls for open markets, more renewables
The awaited new Power Development Plan (PDP) will be finalised by the second quarter of this year. The PDP— which is scheduled to be implemented between 2024 and 2037, will focus more on renewable energy. Prasert Sinsukprasert, the permanent secretary of the Ministry of Energy, says the new PDP aligns with Thailand’s climate change goal […]
Taking steps towards climate action
In response to escalating global concerns over climate change, Thailand has taken a stride by drafting its Climate Change Act that, if enacted, will be the country’s first climate change law. However, critics have raised doubts about whether this draft will help the country reduce emissions and cope with climate change in a sustainable manner. Some wonder whether it is just a paper tiger.
Thailand’s LNG addiction derails its climate actions
Despite commitments to increase the share of renewable energy to combat climate change and promises to adhere to the 1.5°C target outlined by the Paris Agreement, Thailand’s appetite for liquefied natural gas (LNG) tells a different story, putting the country’s sustainable future in jeopardy. In 2023, Thailand experienced a notable surge in LNG imports, reaching […]
Thailand at a Methane Crossroads: Global Pledges and Local Hesitation
In the global discourse surrounding greenhouse gases (GHGs), carbon dioxide has traditionally been the focal point. However, it’s the less-discussed methane that presents an insidious challenge. Methane, comprising over 70% of natural gas, is accountable for nearly half of the current rise in global average surface temperature. In the past two-decade, methane has proven to […]
Climate Finance Landscape in Thailand
On Febuary 5, 2024, Climate Finance Network Thailand (CFNT) hosted its inaugural webinar, providing an overview of the climate finance landscape. The event featured a lecture by Dr. Ornsaran Pomme Manuamorn, CFNT Technical Advisor. Dr. Ornsaran is an accomplished development practitioner and researcher, specializing in climate change, sustainable development, and sustainable finance. She has over […]
Media
Community Adaptation Strategies in Forest Carbon Credit Trading
On March 11, 2024, the Sustainable Development Foundation (Northern Thailand), in partnership with the Department of Climate Change and Environment (DCCE), hosted a webinar focused on community adaptation and negotiation strategies within the forest carbon credit trading mechanism. The webinar showcased a presentation by Sarinee Achavanuntakul, Director of the Climate Finance Network Thailand (CFNT). Sarinee […]
CFNT Webinar 1 Climate Finance Landscape Thailand and Global
Climate Finance Network Thailand (CFNT) on 5th January 2024 held its inaugural webinar, offering insights into the climate finance landscape. The webinar featured a presentation by Dr. Ornsaran Pomme Manuamorn, a distinguished specialist in climate change and environmental governance affiliated with the World Bank. With over 17 years of international experience, Dr. Ornsaran is recognized […]