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Saturday, April 27, 2024

Thailand’s First Climate Change Bill to be Submitted for Approval

Introduction

Thailand, as a signatory to the Paris Agreement, actively promotes measures to fight against climate change. The main goal of the Paris agreement is to limit global heating to below 2 degrees Celsius above pre-industrial levels, while pursuing efforts to stay within the lower and safer threshold of 1.5 degrees Celsius. Countries set out targets to stay within those limits in the form of nationally determined contributions (“NDCs”). Thailand has set NDCs to reduce carbon emissions by 20 to 25 percent from its business-as-usual levels by 2030. The Paris Agreement contains a mechanism by which every five years countries must return to the negotiating table with fresh commitments. During the United Nations Climate Change Conference of the Parties (the “COP 26”), Thailand further pledged to aggressively tackle climate change by setting a goal for carbon neutrality by…

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