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Global environmental measures squeeze Thai exports by 300 bn baht a year

Nation Thailand · last updated

While geopolitical factors have delayed full implementation in some cases, these measures are ultimately expected to be enforced in full.

Preparing in advance is therefore essential, as the transition will take time. Several countries have already developed transition finance mechanisms tailored to their contexts. 

Japan, for example, has issued its Basic Guidelines on Climate Transition Finance for industries still reliant on traditional energy but with long-term decarbonisation plans. 

The EU has introduced its Green Taxonomy alongside the Just Transition Mechanism, while Singapore offers its Green and Sustainability-Linked Loan Grant Scheme to accelerate business access to credit, particularly for SMEs.

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