Ministry aims to accelerate net zero goal by 15 years

According to the Ministry of Natural Resources and Environment, Thailand wants to postpone its efforts to achieve net zero emissions 15 years earlier than originally planned.

Talerngsak Petchsuwan, the agency’s deputy continuous secretary, stated yesterday that the organization is confident it will be possible by 2050 with improved stakeholder cooperation.

The past administration made the international commitment to achieve net zero emissions by 2065 and carbon neutrality by the year 2050 two years ago. Net zero requires reducing emissions, whereas coal independence requires compensating for emissions with balances.

During COP26 in Glasgow, Scotland, in November 2021, the original Prayut Chan-o-cha administration made the commitment.

According to Mr. Talerngsak,” We now have strong information about the nation’s ability to reach the goal earlier than scheduled.”

If we get help from abroad, particularly with cutting-edge technology, we can shorten the timeline, he said. ” Partners have made significant efforts to show that they are prepared to adapt to the tightening of international laws related to climate change mitigation ,” particularly in the business sector.

Mr. Talerngsak used the EU’s Carbon Border Adjustment Mechanism ( Cbam ) as an example. This mechanism will require Thai producers of cement, fertilizer, energy, and steel to include a greenhouse emission cost for goods entering the market.

According to him, nearby businesses need to invest more in natural systems in order to meet the demands of the EU market. In the near future, he said, Cbam might be expanded to include agrarian, textile, and other materials.

The Thailand Climate Action Conference, which will be presided over by Prime Minister Srettha Thavisin tomorrow at the Queen Sirikit National Convention Center, was organized by the government and its partners as portion of its efforts to combat climate change, according to Mr. Talerngsak.