On April 3, 2025, Climate Finance Network Thailand (CFNT) hosted a webinar titled “Phasing out coal: Case studies from Germany” The webinar featured Suchart Klaikaew, Program Lead for Innovation Regions for a Just Energy Transition (IKI JET) Thailand and an experienced Just Energy Transition Expert at GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit), Germany’s main development […]
Thailand is taking a significant step towards renewable energy, targeting half of its electricity generation from renewable sources by 2037 under the recently drafted Power Development Plan 2024 (PDP2024). However, achieving this goal is dependent on the Asean Power Grid, a region-wide initiative first proposed in 1997 to interconnect the electricity infrastructures of Asean member […]
For those who advocate for more timely and meaningful climate finance commensurate with the increasingly cataclysmic impact of climate change, the year 2025 seems to begin on a rocky start. Early last month, 11 large US and Canadian banks exited the Net Zero Banking Alliance (NZBA), the UN-backed coalition of banks that claim their dedication […]
Thailand’s rising electricity costs are not just a concern for businesses; they are placing a financial burden on schools. In 2023, a local business daily, Bangkok Biz, reported that many schools were struggling with high electricity liabilities. For example, Mahidol Wittayanusorn School, located on the Salaya Campus of Mahidol University in Nakhon Pathom province, faces […]
On Jan 10, the World Meteorological Organization (WMO) announced that 2024 was the warmest year on record, likely the first year with a global mean temperature of more than 1C above the 1850-1900 average. Despite the alarming fact, the year 2025 is not off to a good start. The same week that WMO made that […]
On February 28, 2025, Climate Finance Network Thailand (CFNT) hosted a webinar titled “Can Green Bonds Accelerate Climate Action?” The webinar featured Rahul Sheth, Managing Director of Debt Capital Markets & Global Head of Sustainable Bonds at Standard Chartered Bank, who shared insights into the evolving landscape of green bond financing. Discussions covered the global […]
Article by: Thanakon Sukuman Green bonds have become a powerful financial instrument in the global fight against climate change, yet not all deliver on their promises. Despite global green bond issuance reaching a record $269.5 billion in 2020, concerns over greenwashing—where financial instruments claim environmental benefits without real impact—continue to grow. Understanding the difference between […]
Last year turned out to be one of the most expensive on record in terms of insurance payments resulting from natural disasters. In 2024, financial claims made to insurance companies reached copy40 billion, the third most expensive year for insurers in the last four decades, according to Munich Re’s report, titled “Climate change is showing […]
🌱 Join CFNT Webinar Series: Can green bonds accelerate climate action? 💡 Green bonds are gaining momentum as a climate finance tool—but are they truly accelerating climate action? Join CFNT’s exclusive webinar featuring Rahul Sheth, Managing Director, Debt Capital Markets and Global Head, Sustainable Bonds at Standard Chartered Bank, as we explore the evolving landscape […]
By many accounts, Thailand consistently ranks among the most vulnerable countries in the world to climate change. The oft-cited Global Climate Risk Index by GermanWatch ranked Thailand’s long-term climate risk in 2021 as 9th in the world. Thailand is one of the 10 most flood-affected countries in the world, and the risks it faces are […]