However, that belief comes with a proviso: Progress is possible, the Centre says, with the establishment of a new government and the introduction of policies promoting various dimensions of greenhouse gas reduction, including private sector engagement.
Looking ahead, challenges in developing a significant sustainable financial market in Thailand arise from complexities and higher costs compared to regular debt issuance. Moreover, there are limited projects falling within the scope of interest, resulting in a lower proportion of sustainable financing in Thailand.
Despite being less extensive compared to the global scale, the presence of a suitable taxonomy and support from the government can accelerate the development and transition towards sustainable goals for both businesses and the country.
This aligns with the Bank of Thailand’s policy of supporting the economy towards…
