International delegates learn about the "Low Carbon City" model on the sidelines of the ESG Symposium. This is an urban development model that focuses on reducing greenhouse gas emissions and supporting trade promotion with environmentally friendly products.
At the ESG (environment, society and governance) Symposium with the theme "Promoting comprehensive green transformation" held at the Queen's National Convention Center (Thailand) on the afternoon of September 30, Mr. Prasert Jantararuangthong - Deputy Prime Minister of Thailand - said that this country will promote the green economy, by taking advantage of its geographical location near the equator with year-round solar energy potential.
The Government will support the country to develop into a clean energy production center, including solar energy and other alternative energies, as well as promote a free electricity market and carbon credit trading.
Mr. Prasert Jantararuangthong emphasized that the Government aims to make Thailand an ASEAN hub for carbon credit trading through the Stock Exchange of Thailand, creating a new form of energy security for domestic consumption and energy exports within ASEAN.
“This initiative will put Thailand at the forefront of ASEAN in reducing carbon emissions, opening the door to global trade and providing a competitive advantage for domestic producers of goods and services,” the Thai deputy prime minister said.
In addition, the Thai deputy prime minister also said that the Government has integrated environmental issues into its policies and outlined a roadmap for "Nationally Determined Contributions (NDCs)" to reduce greenhouse gas emissions.
Meanwhile, Mr. Thammasak Sethaudom - President and CEO of SCG Group - said that the Thai Government needs to accelerate the process of liberalizing clean energy trade through modernizing the power grid, allowing all sectors to access clean energy more easily.
Regarding the carbon market, Mr. Thammasak Sethaudom suggested that the country should support and allocate budget for human resource development in enterprises to help them achieve international carbon certification standards. In addition, it is necessary to establish agencies in the country to certify standards, helping to reduce costs related to carbon credits.
In addition, Mr. Thammasak Sethaudom also proposed a series of policies to increase use and develop energy storage systems to use more renewable electricity.
The ESG Symposium is organized annually by SCG Group, bringing together international delegates and experts from many fields to promote the transition to a low-carbon society.
Within the framework of the conference, Sustainability Expo 2024 (SX 2024) - the largest sustainable development exhibition in Southeast Asia - also took place at the Queen's National Convention Center, bringing together leading sustainable development businesses in the world.
More than 600 speakers and experts, along with a network of more than 400 sustainable businesses, also shared their experiences on sustainable development.
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Two projects "Obstacle warning device for the visually impaired" and "Enzyme from organic waste" by Vietnamese students received funding to implement the project and were honored to be awarded the title of "ESG Ambassador" in the ASEAN region.
For the first time in the history of the "ESG Ambassador" program, both teams from Vietnam have set a proud milestone by winning the final round.
At the ESG Conference, Vietnamese students representing two teams impressed the delegates by presenting their creative ideas with high applicability.
Source: https://tuoitre.vn/thailand-want-to-be-the-central-center-of-carbon-news-transaction-of-east-nam-a-2024093015553695.htm
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