This strategic alliance between EXIM Thailand and Wave BCG underscores EXIM Thailand’s dedication to its role as a Green Development Bank, aligning with government policies and the sustainable development goals (SDGs) of the United Nations.
Wave BCG, a leading Thai provider of comprehensive RECs acquisition and trading services, boasts a substantial backlog of 8,000,000 RECs annually from renewable energy power plants, with aspirations to elevate this figure to a portfolio high of 15,000,000 RECs per year.
The company aims to empower Thai entrepreneurs in their pursuit of greenhouse gas (GHG) emission reduction and carbon offsetting targets, thereby enhancing their competitive edge on the global stage.
Additionally, Wave BCG is actively involved in the development of climate innovations and technologies, particularly in alternative wetting and drying (AWD) practices for rice farming. These initiatives have the potential to reduce GHG emissions from rice systems by up to 45%, promoting sustainable competitiveness and adding higher value to agricultural products and basic industries within the country.
