Kasikorn Bank joins forces with Thailand Greenhouse Gas Management Organization (TGO) to sign a memorandum of cooperation on joint study and development of carbon credit exchange trading business. and management of carbon credits To encourage entrepreneurs and the general public to take part in sustainable greenhouse gas reduction.
Mr. Pipit Aneaknithi Managing Director Kasikorn Bank said that in the past, carbon credit trading in Thailand was limited to large organizations. But due to environmental awareness, the carbon credit market began to become more active. The volume and turnover of carbon credits only in the first 2 months of 2023 grew more than 5 times compared to the previous year. This will be an opportunity and incentive for those who are interested in the carbon credit market along with sustainable greenhouse gas reduction. The Bank has received cooperation from the Thailand Greenhouse Gas Management Organization. (Public Organization) or TGO. Come together to study and develop for Thai people access to carbon credit exchange trading to create a green society together.
Mr. Kiattichai Maitriwong, Director of Thailand Greenhouse Gas Management Organization (Public Organization) or TGO. Said the reason why carbon credit trading in Thailand is still limited. Because the needs of buyers and sellers are not balanced. It also lacks incentive benefits. And there are legal and regulatory limitations that may hinder the trading of carbon credits. Therefore, joining hands with Kasikorn Bank is another driving force that will actually help push for a low-carbon society. To support the country to move towards Net Zero
For this cooperation, Kasikorn Bank cooperates with Thailand Greenhouse Gas Management Organization. (Public Organization) entered into a Memorandum of Understanding on Cooperation Study and Development of Carbon Credit Exchange Trading Business and management of carbon credits To encourage entrepreneurs and the general public to participate in sustainable greenhouse gas reduction. by jointly studying and developing innovations Infrastructure related to carbon credit trading And developed to meet the needs of those who want to trade and exchange carbon credits. as well as studying the use of new technologies and innovations such as blockchain systems for infrastructure development To promote efficiency in registration, trading and transfer of carbon credits. To be suitable for all user groups, including large organizations SME business and the general public for easy access and practical use This collaboration will make carbon credit trading possible. in Thailand is more prevalent Stimulate social and economic change. which is a sustainable reduction of greenhouse gas emissions pushing Thailand forward towards Net Zero, achieving the goal.-Thai News Agency
Source: Thai News Agency