Showing 1 - 4 of 4
Urgent push for fair climate finance
Oped, Sarinee Achavanuntakul, Published on 01/04/2026
» Ever more visible, the various impacts from climate change are eroding both Thailand's economic competitiveness and the livelihoods of its people: season by season, in heat waves that flatten productivity, floods that swallow farmland, and coastal erosion that is slowly reclaiming communities.
Transition-finance for a green economy
Oped, Sarinee Achavanuntakul, Published on 05/03/2025
» For those who advocate for more timely and meaningful climate finance commensurate with the increasingly cataclysmic impact of climate change, the year 2025 seems to begin on a rocky start. Early last month, 11 large US and Canadian banks exited the Net Zero Banking Alliance (NZBA), the UN-backed coalition of banks that claim their dedication to advancing global net zero goals through financing activities.
The twin challenges of 'climate finance'
Oped, Sarinee Achavanuntakul, Published on 07/08/2024
» As I am writing this in early August, climate finance is becoming a trendier topic in Thailand's financial and business sector. I suspect this is partly due to two recent developments: the upcoming Climate Change Act (the draft of which is making the rounds via public hearing sessions), and the Excise Department's announcement in June 2024 that Thailand aims to become the second country in Asean, after Singapore, to collect carbon tax, which is slated to start at 200 baht per metric ton of CO₂ equivalent (tCO₂e).
No sign of a 'just' energy transition
News, Sarinee Achavanuntakul, Published on 10/07/2024
» As multiple impacts of climate change become more severe worldwide, including in Thailand, the need for an energy transition becomes ever more paramount. To that end, the latest draft of the Power Development Plan (draft PDP2024), which was unveiled in June, is touted by the Ministry of Energy as being consistent with Thailand's goals of reaching carbon neutrality by 2050 and net zero by 2065 -- goals that already lag behind those of most countries.