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.
Event
Financing NDC 3.0.
Thailand has recently demonstrated a major step forward in climate ambition through its NDC 3.0, to transition toward a net-zero society and economy by 2050. However, ambition alone is not enough. Climate Finance Network Thailand (CFNT), in collaboration with UN Global Compact Network Thailand (GCNT), invites you to explore these issues in our webinar “Financing NDC 3.0.”
Research Highlights
Financing Managed Coal-Fired Power Plant Phaseout in Thailand
CFNT Report examines the feasibility of early phased out for a coal-fired power plant and proposes financial structuring options to support a just and practical transition for key stakeholders.
Financing NDC 3.0: Challenges and Opportunities Toward Net Zero 2050
CFNT examines financing gaps between Thailand’s NDC 3.0 commitments and actual investment flows using CFNT’s Climate Finance Tracker, highlighting sectoral mismatches in priority technologies and opportunities to mobilize finance and accelerate Thailand’s path to net zero.
Climate Finance Policy Recommendations for Thailand’s New Government in 2026
As the effects of global warming increasingly and adversely impact Thai society and the economy, Climate Finance Network Thailand (CFNT) and Fair Finance Thailand (FFT) propose 10 financial and finance-related policies to drive Thailand’s just transition by addressing 3 key problem areas.
Can Chinese EV InvestmentContribute to Thailand’s Green Transformation?
This report examines the governance structures and local implications of Chinese electric vehicle investment in Thailand. It intends to provide an evidence-based reference point for policymakers and stakeholders in both countries, for future research, analysis, and action towards a more inclusive, trusted, and equitable form of sustainable development.
Here Comes Everybody: Boosting Residential Solar Financing with Crowdfunding Models in Thailand
Thailand has abundant solar resources, but its utilization of solar energy falls short of its potential. This report explores crowdfunding as an alternative financing mechanism to bridge gaps in residential solar photovoltaic (PV) funding. We propose several financing models tailored to the Thai context, including Pay-As-You-Save (PAYS), which enables consumers to install solar PV systems […]
A Better Path is Possible Critique and Suggestions to Draft PDP2024
In this report, we critically analyze draft Power Development Plan 2024 (PDP2024), emphasizing its over-reliance on fossil fuels, particularly natural gas, and the high associated costs and risks. Despite Thailand’s commitment to achieving carbon neutrality by 2050, the plan prioritizes the development of new gas plants and unproven technologies such as Small Modular Reactors (SMRs) […]
Articles
Iran war exposes Thai energy fragility
Iran war is once again challenging the global economy. For Thailand, however, it exposes something deeper — an energy system that remains heavily dependent on imported LNG.
Why food waste composting may fail
On paper, Thailand’s T-VER composting projects appear capable of delivering emission reductions close to the waste sector target under NDC 3.0—within a single year. In reality, the impact may be far smaller.
Phasing out coal makes economic sense
Thailand’s Net Zero 2050 target under NDC 3.0 can be achieved depends largely on the energy sector. Rapeepat Ingasit explores 3 pathways for phasing out coal, drawing on international experience that is not only climate-friendly, but also economically viable.
Transfer Climate Risk Through Catastrophe Bonds
Governments have relied on reactive financial mechanisms to cope with unexpected disasters. In this article, Rapeepat would like to introduce a proactive financial instrument for disaster risk management: catastrophe bonds.
‘Room for the River’: The Dutch Flood-Management Policy Shaped by the State, Communities, and Nature
The 2025 southern flood crisis reflects Thailand’s continued failure in responding to water disasters. It may now be time to shift away from grey infrastructure to nature-based water management—just as the Netherlands has demonstrated through its “Room for the River” policy.
How climate fund can give justice for all
Thailand’s NDC 3.0 mentions “just transition” for the first time. But the question remains: how can we ensure that this becomes a real just transition and advances climate justice in practice? Sarinee proposes three recommendations to align Thailand’s Climate Fund with the principles referenced in NDC 3.0.
Media
CFNT Webinar Series: Financing NDC 3.0
Video recording: “Financing NDC 3.0” featuring CFNT’s research team and speakers from UNGCNT.
CFNT Webinar Series: Power Purchase Agreement: Impediment to Energy Transition?
CFNT webinar “Power Purchase Agreement: Impediment to Energy Transition?”, featuring Dr.Piti Eiamchamroonlarp, Director of the Energy Law Center and Assistant Professor at the Faculty of Law, Chulalongkorn University.
CFNT Webinar Series: Climate Finance Policies for the New Government
CFNT and Fair Finance Thailand (FFT) propose 10 climate finance policies for Thailand’s new governmen, based on research conducted by both organizations
CFNT Proposes 7 Climate Finance Policy Recommendations for Thailand’s Just Energy Transition
Sarinee Achavanuntakul, Director of CFNT proposes 7 climate financial policy for just energy transition in Thailand to political parties at JustPow event.