Thailand’s Hope for a Low-Carbon Economy
The Draft Climate Change Act is anticipated to become the “policy infrastructure” that will drive Thailand toward Net Zero, a robust carbon market system, protection for those affected by global warming, and climate risk management at all levels, from local to national.
Many private sector entities are focused on how the new Act will define obligations concerning MRV, Scope 1–3 (An organisation’s greenhouse gas emissions are categorised into three international standards to measure and manage environmental impacts.), and market mechanisms.
The public is primarily interested in measures for disaster prevention, early warning systems, and the protection of vulnerable groups.
November 25: A Step Toward Thailand’s First Climate Law
If the Cabinet approves the draft, it will only mark the beginning of the legislative process.
It must then undergo public hearings, Parliament review, and multiple voting stages before it can be officially promulgated.
This entire process is a crucial pathway toward the formal implementation of “Thailand’s first climate law” in the future.
Given that Thailand faces multiple challenges, including smog, extreme weather disasters, economic risks from the Carbon Border Adjustment Mechanism (CBAM), and global green regulations, this Act is more than just a piece of legislation.
It is the start of establishing a “new framework for stability,” enabling the country to adapt and compete sustainably in a post-global warming world.