Thailand to launch green investment trusts for forestry initiatives

Thai regulatory bodies are paving the way for the establishment of investment trusts dedicated to forestry and tree-planting initiatives. These new financial products, dubbed green investment trusts, are part of an effort to diversify the capital markets and provide financial support to sectors that align with carbon neutrality goals.

Pornanong Budsaratragoon, the secretary-general of the Securities and Exchange Commission (SEC), stated that the green trusts would be initially restricted to investments in projects yielding income from carbon credits. She added that the comprehensive rules and guidelines for these green funds are set to be finalised by the middle of the year, following consultations with a range of stakeholders.

In a recent discussion, the SEC head pointed out that the new category of trusts will cater to the rising appetite…