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Opinion / #carbon tax
As national systems rapidly expand in the region, the challenge and opportunity is to align them into an interoperable network that can unlock efficient, trusted, and scalable global climate finance.
Thailand’s Climate Change Act is timely and responsive to public concern, but the current version is a frail gesture addressing a complex problem.
Should regulators consider the impacts of climate change on people living outside their national borders, and on future generations, when putting a price on carbon?
By postponing the start of enforcement until 2028 and redirecting revenues towards international capacity building, CBAM can be made a more equitable catalyst for the climate transition.
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