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Thailand Taxonomy Phase 2: GHG Emissions Focus - News Directory 3

Thailand Taxonomy Phase 2: GHG Emissions Focus

May 31, 2025 Catherine Williams Business
News Context
At a glance
  • The Thailand Taxonomy Board, comprised of representatives from key agencies including the Department of Climate Change and ⁣Environment, the Bank of thailand,‍ and the Securities and Exchange commission,...
  • This second phase of the Thailand Taxonomy builds upon Phase 1 by addressing agriculture, construction and real estate, manufacturing, and waste management.
  • The development of this sustainable taxonomy involved extensive stakeholder consultations,⁣ beginning in February 2024 and followed by a ⁢public consultation period from late October 2024 to⁤ early January...
Original source: thailand-business-news.com

Thailand Taxonomy Phase 2 has been unveiled, marking a crucial advancement in classifying environmentally sustainable activities, with a primary focus on sectors with high greenhouse gas emissions. This vital initiative, developed⁢ by agencies like the Department of Climate Change and Environment, aims to refine how Thailand approaches ⁢sustainability. Building upon Phase 1, this phase encompasses agriculture, construction, manufacturing, and waste management, outlining key objectives such as climate change mitigation ⁣and water resource sustainability. Stakeholders,including government bodies,the private sector,and international organizations,actively shaped ‍the final taxonomy. News Directory 3 is keeping a close eye⁣ on Thailand’s efforts. A seminar on May 27, 2025, will promote understanding. Discover⁤ what’s next as Thailand ‍moves toward promoting sustainable economic practices.

Key Points

  • Thailand Taxonomy Phase 2 targets high greenhouse‍ gas-emitting sectors.
  • Stakeholder input shaped the final taxonomy.
  • The taxonomy is available May 27,2025.
  • A seminar will promote understanding of enduring activity ⁣classification.

Thailand Taxonomy Phase 2 Unveiled⁢ to Boost Sustainable Activities

Updated May 31, 2025
⁣

The Thailand Taxonomy Board, comprised of representatives from key agencies including the Department of Climate Change and ⁣Environment, the Bank of thailand,‍ and the Securities and Exchange commission, has released Thailand Taxonomy Phase 2. This initiative aims to define and classify environmentally sustainable ⁣activities, ‍focusing on sectors with high greenhouse gas emissions.

This second phase of the Thailand Taxonomy builds upon Phase 1 by addressing agriculture, construction and real estate, manufacturing, and waste management. Phase 1 ⁣concentrated‍ on ‍the energy and ⁢transportation sectors. The new phase outlines six key objectives,including climate change mitigation and adaptation,sustainable use of water resources,and pollution prevention.

The development of this sustainable taxonomy involved extensive stakeholder consultations,⁣ beginning in February 2024 and followed by a ⁢public consultation period from late October 2024 to⁤ early January 2025.Input from government agencies,the ⁣private sector,academia,and international organizations was carefully considered and integrated into the final document.

to promote understanding and use of the Thailand ⁣Taxonomy, the Board is co-organizing a seminar titled “Thailand Taxonomy 2.0: driving the Thai economy towards⁢ sustainability” on May 27, 2025. The seminar will be livestreamed on the official Facebook pages of the DCCE, BOT, SEC, and ⁢SET.

What’s next

The Thailand ⁤Taxonomy Board plans to announce additional ⁣access channels for the taxonomy in the future,continuing its efforts to⁤ promote sustainable economic activities across Thailand.

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