Thailand Country Programme on Climate Change
Summary
The Thailand Country Programme (TCP) 2024 outlines a framework to align national climate strategies with GCF funding for the 2024-2027 programming cycle. Thailand aims for carbon neutrality by 2050 and net-zero emissions by 2065, with the energy sector identified as the largest GHG contributor. The programme identifies five priority areas: mitigation strategies and technologies, knowledge enhancement in agriculture and waste, advanced adaptive technologies, strengthening climate financing mechanisms, and awareness raising. To meet its Nationally Determined Contributions (NDC), Thailand estimates a need for THB 5,000 billion for unconditional targets and THB 7,000 billion for conditional targets. The TCP also details a readiness plan to strengthen National Designated Authority (NDA) capacity and accredit Direct Access Entities (DAEs) such as Kasikorn Bank and the Environment Fund.
Key insights
- Thailand's long-term climate goals are to reach carbon neutrality by 2050 and net-zero greenhouse gas (GHG) emissions by 2065, with emissions expected to peak at 388 MtCO2e in 2025.
- The energy sector is the primary source of Thailand's GHG emissions, accounting for 69.06% of the total emissions recorded in 2018, which totaled 372,648.77 GgCO2eq (excluding LULUCF).
- Substantial funding is required to meet Thailand's NDC targets: approximately THB 5,000 billion for the unconditional target and THB 7,000 billion for the conditional target.
- Thailand identifies four primary barriers to climate investment: policy and regulation (lack of clarity and incentives), technological (lack of confidence and access), financial (infeasibility of CCS and small-scale RE & EE projects), and capacity (insufficient data and low public awareness).
- The TCP defines five key priority areas for GCF support from 2024 to 2027: (1) Mitigation Strategies, Technologies, Systematic Planning, and Best Practices; (2) Knowledge and Database Enhancement in Agriculture and Waste; (3) Advanced Adaptative Technologies and Crosscutting Area; (4) Strengthening Climate Financing Mechanism; and (5) Knowledge Sharing and Awareness Raising.
- Thailand is pursuing the accreditation of several Direct Access Entities (DAEs) to accelerate financial access, including the Environment Fund, Kasikorn Bank, the Mekong River Commission, and the Export-Import Bank.
- Specific prospective GCF funding proposals include an electrified intercity bus project, a Circular Economy Financing Facility (T-CEFF) managed by KBank, a Climate Technology Private Equity Trust Fund, and a project for climate-resilient healthcare facilities.
- The National Adaptation Plan (NAP) focuses on six key sectors: water management, agriculture and food security, tourism, public health, natural resources management, and human settlements and security.
Cite the original document
- APA
- Green Climate Fund (2024). Thailand Country Programme on Climate Change. https://www.greenclimate.fund/sites/default/files/document/thailand-country-programme_0.pdf
- Chicago
- Green Climate Fund. Thailand Country Programme on Climate Change. 2024. https://www.greenclimate.fund/sites/default/files/document/thailand-country-programme_0.pdf.
- Wikipedia
- {{cite report |author=Green Climate Fund |title=Thailand Country Programme on Climate Change |date=8 October 2024 |url=https://www.greenclimate.fund/sites/default/files/document/thailand-country-programme_0.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{greenclimatefund2024thailand, author = {{Green Climate Fund}}, title = {{Thailand Country Programme on Climate Change}}, institution = {Green Climate Fund}, year = {2024}, month = oct, url = {https://www.greenclimate.fund/sites/default/files/document/thailand-country-programme_0.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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