Some startups have had to trade clean energy on a smaller scale “behind-the-meter” without the support of government policies. A key barrier is Thailand's centralised energy system which is in need of a reform, say experts.
The Thailand Taxonomy, now under development, should be integrated into disclosure regulations and these reporting rules need to be made mandatory, say financiers and experts at the inaugural Unlocking capital for sustainability Thailand forum.
The city's plans to halve emissions by 2035 and achieve net zero by 2050 may be ambitious. But NGOs tracking its policy direction over the years are not convinced and demand a more measurable roadmap with interim goals – not just long-term pledges.