Carbon Registry Thailand (CRT), ESG Planet and Wei Heng Law Firm co-organized the Asia Carbon Neutral Investment Forum under the concept of “Towards Carbon Neutrality”. This is an important step in Thailand’s sustainable development, highlighting Thailand’s proactive measures to address climate change and promote practices towards carbon neutrality.
With participants including the Ambassador of Malaysia, the Chairman of Wei Heng Law Firm, the Chairman of the Thai-China Chamber of Commerce, as well as investors, entrepreneurs, government organizations and business sectors.
H.E. Datuk Jojie Samuel, Ambassador of Malaysia to Thailand, opening remarks commends the event’s commitment to carbon neutrality and reiterating Malaysia’s dedication to the 2030 Sustainable Development Goals.
Mr. Pongpanu Sawatarun, the Chairman of the Board of Directors of the Greenhouse Gas Management Organization (TGO), expressed his gratitude and praised the organizers for realizing that the offsetting of greenhouse gas emissions of the event reduces the impact on the environment and strengthens the reputation of the organization. Thereby, attracting environmentally conscious participants and setting a good example for a sustainable future.
This commitment to carbon neutrality is a proactive step in the fight against climate change and preserving the planet for future generations. This event has been certified for carbon offsetting activities by the TGO by offsetting greenhouse gas emissions of approximately 43,000 kgCO2eq using carbon credits from the T-VER project.
Mr. Pongpanu emphasized the urgent need to solve this problem and take clear action to deal with the climate change crisis, putting into perspective the progress of CRT in developing carbon measurement technology with long-distance satellite surveying that has the potential to transform the clean energy technology industry. Cooperation and strategic investment are an important mechanism in order to unlock the green economy of the ASEAN region. Especially in Thailand, which has abundant natural resources and the determination of entrepreneurs.
This forum is not just a platform for investment opportunities. It is also a catalyst for dialogue, exchange and promoting cooperation between stakeholders in both the public and private sectors. By presenting an overview of the green economy of the ASEAN region, reveals significant investment opportunities, with investment forecasts including US$1.5 trillion by 2030, green investment inflows in ASEAN to reach US$6.3 billion in 2023, and potential new revenues to reach US$300 billion by 2030. This “demonstrates the economic feasibility and environmental imperatives of the transition to a low-carbon future.”
Moreover, affirming TGO’s commitment to lead Thailand to a low-emission development economy. It promises to have sustainable returns and a long-term legacy for future generations. It hopes that the valuable discussions from this forum can connect and strengthen partnerships to work together to achieve the environmental and sustainable development goals.