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October 03.2025
3 Minutes Read

Thai Industry Calls for Urgent Climate Policies to Unlock Sustainable Growth

Panel on sustainability discussing climate change in Thailand.

Thai Industry Awaits Action on Climate Policies

As Thailand welcomes its new government, industry experts are hopeful for swift implementation of crucial regulatory frameworks aimed at combating climate change. The urgency for these regulations cannot be overstated, as they are seen as essential to unlocking financial resources necessary for sustainable development and projects focused on climate adaptation. Industry representatives at the Unlocking Capital for Sustainability summit emphasized that regulatory clarity will pave the way for corporate decarbonization efforts.

Unlocking Capital Flow for Decarbonization

"We are ready to invest in sustainable solutions, but regulatory uncertainty continues to hinder our progress," stated Dr. Thanyaporn Krichtitayawuth, executive director of the United Nations Global Compact Network (UNGC) Thailand. Although there is ample financial support for teams ready to adopt sustainable practices, the lack of clear guidelines limits access to these funds. Currently, of UNGC's 20,000-plus member organizations, only a fraction—1,400—have committed to carbon neutrality, highlighting the gap between ambition and action in the decarbonization agenda.

The Power Development Plan and Climate Change Act

Key regulations such as Thailand’s Power Development Plan (PDP) and the anticipated Climate Change Act offer a glimmer of hope. Dr. Krichtitayawuth indicated that these frameworks could significantly boost the adoption of renewable energy strategies. Notably, the Climate Change Act will introduce an emissions trading scheme (ETS), akin to systems used in Europe, and a carbon tax intended to drive environmental accountability among corporations.

Public-Private Collaboration: A Path Forward

Experts argue that effective collaboration between the public and private sectors will be essential to navigate the complex transition to sustainability. "With banks increasingly supportive of credible transition plans, the onus lies on businesses to present reliable strategies for their decarbonization efforts," said Somruedee Chaimongkol, a leading figure in Thailand’s integrated energy sector. This partnership aims to liberalize the energy market, enabling more competitive pricing for renewable energy, thus making it easier for companies to integrate green practices into their operations.

Structure and Pursuit of a Carbon Neutral Future

Thailand’s current government is actively pursuing an enhancement of its climate commitments, including moving its target for achieving net-zero emissions from 2065 to 2050. The recent appointment of Prime Minister Anutin Charnvirakul also marks a shift towards emphasizing environmental issues among the main threats facing the nation.

Lasting Institutional Reforms Needed

Implementing the proposed Climate Change Act effectively will require significant institutional reforms and robust legislative support. Experts have noted that while the government’s vision is commendable, the institutions that will enforce these regulations must be fortified for the framework to truly facilitate Thailand's journey towards a sustainable economy.

Conclusion: The Road Ahead for Sustainability in Thailand

The path to a sustainable future for Thailand hinges on timely and effective implementation of necessary regulatory frameworks. In seizing the opportunity for innovation through the establishment of a Climate Fund, fostering public-private collaboration, and ensuring legal compliance with the forthcoming Climate Change Act, Thailand can look forward to transforming its environmental landscape. To truly make a difference towards sustainable practices, we must advocate for informed governance and accountability, laying the groundwork for future generations to thrive in harmony with their environment.

If you're interested in making a positive impact for the planet, consider integrating eco-friendly practices into your daily life. This could be anything from supporting sustainable businesses to implementing a personal carbon footprint reduction plan.

Sustainability and Green Business

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12.06.2025

How Climate Disasters Are Deepening Food Insecurity in Punjab Region

Update Unpacking the Climate Crisis: Food Insecurity in PunjabThe Punjab region, straddling both India and Pakistan, has long been regarded as a vital agricultural hub capable of sustaining millions. However, recent climate disasters have plunged this fertile ground into a state of crisis. Following devastating floods in August 2025, farmers like Gurpreet Singh and Tariq Mahmood recount their heart-wrenching losses as crops drown and livelihoods are wiped away.The floods wreaked havoc; Singh, a farmer from India, lost an entire season's yield, a catastrophic event echoed by Mahmood across the border in Pakistan, where the rapidly rising waters threatened his family's sugarcane and rice crops just before harvest. Reports indicate that approximately 1.12 million hectares were impacted in Pakistan alone, leading to fears of escalating food shortages in both nations. With more than 174,000 hectares of agricultural land being washed away in India, the crisis is anticipated to affect food supply and economic stability across the region.Historical Context: A Growing Pattern of DistrustThe Punjab region is no stranger to severe flooding; the current situation highlights a disturbing trend of worsening climatic events influenced by climate change. As scientists point out, the increasing frequency and intensity of extreme weather events are linked to human-induced climate change, signaling a future burden that farmers and communities may have to endure. Flooding in 1988 is often cited as the worst event in modern history for agricultural losses in Punjab; the devastation seen this year has similarly led to unsustainable conditions for those who work the land.Addressing Immediate Needs: The Role of Aid and GovernanceDespite the magnitude of the crisis, immediate governmental responses have been inadequate. Farmers lament the lack of preparedness from officials who are expected to safeguard agricultural stability and food security. Experts warn that the current state reflects poor governance and a failure to adapt farming practices to mitigate disaster risks. “There have been floods every two years, but there’s no readiness,” Singh emphasizes, calling for climate adaptation strategies.The Social Impact: A Collapse of Farmer WelfareThe psychological toll of these disasters extends beyond the financial losses. Farmers express heightened anxiety and desperation as they face an uncertain future filled with hard labor and little reward. Children, such as Singh's five-year-old daughter, begin to bear the emotional weight of their families' struggles, demonstrating that food insecurity seeps into childhood innocence, altering the fabric of community life. For many families, hopes for educational advancements are dashed as resources dwindle.Global Response: Time for Collective ActionThe need for a comprehensive, international response to the climate crisis is increasingly critical. The plight of Punjab's farmers illustrates a direct link between environmental stewardship and food security, emphasizing that sustainable practices must be prioritized to prevent future catastrophes. Organizations and governments must unite in tackling urgent climate action initiatives while promoting food sovereignty, resilience against natural disasters, and community-led agricultural practices.As we move forward, fostering awareness about sustainable living, renewable energy options, and regenerative agriculture can help communities like those in Punjab navigate the challenges they face. Such methods not only combat climate change but also empower farmers, ensure food security, and alleviate poverty.Conclusion: Past Lessons for a Resilient FutureThe crisis unfolding in Punjab serves as a glaring reminder of the interconnectedness of climate change, governance, and food security. Addressing these issues holistically will require collaboration across borders, investment in sustainable agricultural practices, and enhanced disaster readiness. As climate change continues to challenge traditional farming methods, it’s imperative that farmers and communities adapt, fortify their resilience, and mobilize efforts toward sustainability. By doing so, they can safeguard their future against the catastrophic cycles of food insecurity influenced by climate crises.

12.06.2025

Ocean Pledges Fall Short: Where Are the Concrete Commitments?

Update Analyzing the Efficacy of Ocean Pledges in Climate ActionIn advance of the COP30 conference held in Belém, Brazil, nations across the globe scrambled to submit their climate commitments, many of which incorporated ocean initiatives aimed at addressing climate change. However, a critical examination reveals that these ocean-based pledges lack concrete targets, particularly concerning the vital issue of fossil fuel phase-out, raising concerns among activists and climate scientists alike.The overall observation from analysts, including those from the University of New South Wales (UNSW), is that while there has been a significant increase (82%) in the incorporation of ocean-related actions in Nationally Determined Contributions (NDCs), only a small fraction is both specific and actionable. According to researcher Eliza Northrop, the majority of these pledges prioritize conservation over complete systemic change, highlighting a pattern that skews towards adaptation instead of taking substantive steps toward emissions reductions.The Underfunding of Ocean-Based InitiativesExperts have pointed out that the recent trends in NDC submissions exhibit an overwhelming focus on preserving marine ecosystems like mangroves and seagrasses. While protecting these biodiverse habitats is critical for enhancing their ability to sequester carbon, the underlying issue remains unaddressed: the necessity to phase out offshore fossil fuel extraction. Bruna Campos from the Center for International Environmental Law emphasizes that without addressing the root causes—namely fossil fuels—genuine progress in combating climate change is tenuous at best.Marine Lecerf from the Ocean & Climate Platform reiterates that urgent funding is needed to operationalize specific goals rather than vague promises of ecological protection. “Right now, ocean solutions are extremely underfunded,” Lecerf states, suggesting that clear commitments to phase out fossil fuels would not only enable better funding opportunities but also align commitments with global climate objectives.The Pressure for Stronger CommitmentsIn light of inadequacies in current ocean pledges, there is a palpable demand for countries to commit to tougher targets. Despite a reported increase in ocean-focused actions, the International Energy Agency indicates that global leaders are, at times, losing sight of the transition away from fossil fuels. Research findings indicate that fossil fuel commitments are still prevalent, even among nations that are part of the UN climate accords.As we look toward future climate negotiations, including COP30's goals, the pressure mounts on both nations and regional coalitions to forge stronger commitments. The push for a fossil fuel phase-out resonates not only with environmentalists but also with business groups. In fact, a coalition of over 100 businesses has openly called for a robust roadmap to transition away from fossil fuels, underscoring the economic imperative of adopting sustainable practices.The Role of the Private Sector in SustainabilityDuring COP30, the strong presence of fossil fuel lobbyists raised significant concerns about their influence on climate discourse, with more than 1,600 fossil fuel representatives reportedly attending the sessions. However, business leaders from other industries are advocating for a shift towards sustainability. The We Mean Business Coalition, for example, includes signatories from companies committed to clean energy transitions and environmental stewardship.This duality underlines an evolving narrative: while fossil fuel interests seek to maintain the status quo, there is a growing recognition within the private sector that transitioning to green energy is not only possible but necessary. Maria Mendiluce, CEO of the We Mean Business Coalition, articulates that “clean energy is accelerating fast, and fossil fuels can be phased out,” highlighting the need for policies that align with real-world shifts towards renewable sources.Future Predictions and OpportunitiesMoving forward, nations will need to craft NDCs that not only embrace but aggressively promote the shift away from fossil fuels. Predictions indicate that the global energy landscape will continue to evolve, with a marked increase in the adoption of renewable energies like solar and wind. Analysts suggest that countries, especially those rich in renewable resources, should leverage this momentum to turn commitments into tangible operational strategies that include the phase-out of fossil fuels.In summary, as we approach critical discussions within COP30, the emphasis should remain on calling for concrete actions, enhanced commitments to marine and atmosphere protection, and the sustainable future of our oceans. The increased attention on ocean health, coupled with a push for stronger fossil fuel phase-out commitments, can serve as catalysts for meaningful climate action. This aligns with global sustainability practices, encouraging readers to embrace eco-friendly options in their own lives.Call to Action: Commit to living sustainably—consider using renewable energy sources, supporting circular economies and businesses that prioritize eco-friendly practices. Together, we can reduce our carbon footprints and make a meaningful impact on the fight against climate change.

12.06.2025

Why Supply Chain Impacts Must Feature in Climate ‘Loss and Damage’ Discussions

Update Understanding Climate Loss and Damage: A New PerspectiveThe recent COP30 meeting has reignited a deeply important discussion regarding climate change funding. Nations have made strides in addressing immediate climate issues, yet many experts suggest that the definition of 'loss and damage' must expand to include the ripple effects on supply chains. The Significance of Supply Chain ResilienceClimate-driven disasters such as extreme weather events are increasingly affecting global supply chains. With significant impacts documented in the manufacturing, agriculture, construction, and transport sectors, it’s clear that climate change poses a real threat to business resilience and economic stability. A recent study showed that up to $125 billion in annual losses attributed to human-induced climate change occur due to both direct and indirect impacts. Why Expanding Loss and Damage Definitions MattersBy broadening the current definitions of loss and damage to encompass indirect losses related to supply chain disruptions, financial assistance from climate funds can more effectively reach those nations that bear the brunt of climate crises. The recent $250 million fund initiated at COP30 aims to support the most vulnerable developing countries; however, this figure pales in comparison to the over $100 billion in annual climate-induced expenses these nations face. The Economic Implications of Ignoring Indirect LossesThe steep costs of disaster recovery are exacerbated when critical supply chains are disrupted. Companies in developed nations may struggle to source materials and sustain production, leading to higher prices and diminished trust among consumers. For example, climate events in the past year alone have shown how quickly supply disruptions can cause financial turmoil across sectors. Implementing Adaptive StrategiesIt’s imperative for businesses to adopt strategies that enhance climate adaptability and resilience across their supply chains. This may involve investing in technology, diversifying supply sources, and implementing sustainable practices that minimize environmental footprints. As noted in the World Economic Forum’s study on climate risks, every dollar spent on resilience measures can yield up to $19 in avoided losses, underscoring the financial benefits of adaptation. Current Trends and Future PredictionsAs climate change continues to escalate, businesses may experience steep rises in operating costs due to disruption-related losses. Projections for the coming decades indicate that fixed asset losses could reach up to $1.1 trillion annually alongside a corresponding decline in average corporate earnings. Thus, early adoption of climate resilience is not merely beneficial; it's essential for long-term viability. A Call to Action: Redefining Climate FinancingThe time is now for policymakers and industry leaders to come together to redefine climate financing. By understanding loss and damage from a holistic perspective that includes supply chain impacts, we elevate the discourse on climate resilience and ensure that the most vulnerable nations receive support that reflects the actual costs of climate change. As consumers, it's vital for us to demand transparency and responsibility from businesses regarding their supply chains and environmental practices. Engage in sustainability initiatives, choose eco-friendly products, and advocate for policies that prioritize climate action.

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