PUBLISHED: 22 Mar 2024 at 04: 00
The country’s initial- always climate change expenses is expected to be submitted for the coalition’s concern by June.
According to the Department of Climate Change and Environment, it aims to serve as a tool to reduce the country’s loss caused by global warming while strengthening its capacity to adapt and be more stable in times of crisis.
The invoice was drafted in response to international issue about increased temperatures damaging healthy ecosystems, people’s nicely- becoming, and the economy.
The 2016 Paris Agreement, which mandated participating nations to report the amount of greenhouse gases they release into the environment and make plans to adapt to climate change, was the inspiration for the bill’s design.
Pavich Kesavawong, the agency’s assistant captain, said a public hearing may be held in Bangkok next week before the last type is submitted to the government by June.
He claimed that the bill includes steps to collect data on greenhouse gas emissions and submit a report to the Office of Natural Resources and Environmental Policy and Planning ( ONEp ) for stakeholders in major sectors, such as energy, transportation, agriculture, and industrial sectors.
The main point is that we want all parties involved to get decisive steps to reduce greenhouse gas emissions. The costs will also provide financial aid, including smooth loans from banks and setting resources, to help them invest in alternative technology”, Mr Pavich said.
A method to identify how Onep and the Meteorological Department can predict long-term climate changes is included in the expenses.
According to Mr. Pavich, the office has also taken into account the coal tax issue. Further investigation will be conducted with the Department of Income and the Tax to determine whether the measures are practicable without harming companies, he said.