Varawut accelerates LCC for Thai carbon credits to go global
Thansettakij•Economy•
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Source: Thansettakij (Original)
Key Quotes
"The carbon finance ecosystem is a first for Thailand, receiving international recognition."
ระบบนิเวศการเงินคาร์บอน ถือเป็นครั้งแรกของไทยซึ่งได้รับการยอมรับในระดับสากล
"This financial innovation will elevate Thai carbon credits to high-quality credits, enabling sales to global markets."
นวัตกรรมทางการเงินดังกล่าวจะช่วยยกระดับคาร์บอนเครดิตของไทยให้เป็น เครดิตคุณภาพสูง สามารถจำหน่ายไปยังตลาดโลกได้
Key Entities
Person
Minister of Industry, who is leading the acceleration of the LCC project for Thai carbon credits.
Sumet Tangprasert(สุเมธ ตั้งประเสริฐ)
Governor of the Industrial Estate Authority of Thailand (IEAT) who reported on IEAT's participation in the LCC project.
Organization
Government ministry participating as a pilot public sector organization in the LCC project.
Department of Climate Change and Environmental Conservation(กรมการเปลี่ยนแปลงสภาพภูมิอากาศและสิ่งแวดล้อม)
Government department collaborating on the LCC project, responsible for standards and climate change mitigation.
International financial institution partnering in the LCC project to support clean energy investments.
Export-Import Bank of Thailand (EXIM Bank)(ธนาคารเพื่อการส่งออกและนำเข้าแห่งประเทศไทย (EXIM Bank))ℹ️
Financial institution involved in the LCC project for supporting clean energy investments and providing loans to Energy Service Companies (ESCOs).
Public Debt Management Office(สำนักงานบริหารหนี้สาธารณะ)
Government office contributing to the LCC project by overseeing financial aspects and establishing a Digital MRV system.
Verified Emission Reductions Monetization Facility (VERMF)
Facility established as part of the LCC project to verify, certify, and monetize greenhouse gas emission reductions in the international carbon market.
Authority that is a pilot public sector organization and will receive investment support for industrial estates under the LCC project.
Energy Service Companies (ESCOs)(บริษัทจัดการพลังงาน (ESCOs))
Companies that will utilize loans from EXIM Bank to implement energy-saving mechanisms within industrial estates under the LCC project.
Bank that will manage the Coordinating and Managing Entity (CME) for IEAT and the VERMF fund under the LCC project.
Exchange where carbon credits will be monetized in both spot and futures contract formats.
Project
Low Carbon Cites & Carbon Market Development (LCC)
A national strategic project focused on reforming financial and energy infrastructure to build a carbon finance ecosystem and develop the Thai carbon market.