In a firm declaration of commitment to combat climate change, the Thai government underscored its dedication during the 2nd Thailand Climate Action Conference (TCAC 2), emphasizing the transformative potential of active collaboration to attain their set objectives.
Prime Minister and Finance Minister, Srettha Thavisin, made a resounding proclamation of Thailand’s steadfast commitment to achieving the Sustainable Development Goals (SDGs) outlined by the United Nations during the Climate Ambition Summits. Among the 38 nations chosen to present their action plans and commitments, Thailand aspires to attain carbon neutrality by 2050 and achieve net-zero greenhouse gas emissions by 2065. These ambitious targets are deeply ingrained in the nation’s fundamental policies, notably the 20-year national strategy and the 13th National Economic and Social Development Plan.
Furthermore, Prime Minister Thavisin elaborated on the significant financial backing towards sustainable endeavors, with more than 100 companies comprising the Global Compact Network Thailand (GCNT) pledging a substantial investment of $43 billion in projects aligned with the SDGs by the year 2030.
“In this decade, we need transformative actions. We need to foster effective multilateralism and a strong multilateral architecture, which will allow us to accelerate the implementation of the SDGs,” Mr. Thavisin emphasized.
Emphasizing the critical role of “opportunity” in propelling Thailand towards a balanced and sustainable trajectory of growth, the Prime Minister highlighted ongoing efforts to reshape societal attitudes and behaviors, promoting sustainable production and consumption.
Acknowledging the pressing need to address climate change, the government has taken tangible steps by establishing the “Department of Climate Change and Environment” and advancing the Climate Change Act, a pivotal piece of legislation aimed at mandatorily regulating greenhouse gas emissions, a foundational step towards fostering a low-carbon society.
Looking ahead to the upcoming COP28 meeting, Prime Minister Thavisin reiterated Thailand’s unwavering dedication to providing multi-dimensional support, encompassing access to technology, financial aid, and capacity-building in the global fight against climate change.