Tue, October 26, 2021

business

Thailand network members set sights on net-zero emissions by 2070


Global Compact Network Thailand (GCNT) is determined to combat global warming, with the network’s members aiming to become net-zero emitters from 2050 to 2070 in a bid to urgently reduce greenhouse gas emissions.

Prime Minister Prayut Chan-o-cha emphasised that a zero-carbon economy will propel the country’s economy.

On Monday, the GCNT and the United Nations organised an online seminar titled GCNT Forum 2021: Thailand’s Climate Leadership Summit 2021 under the concept “A new era of accelerated actions” to prevent and solve problems emanating from climate change.

More than 800 leaders from various organisations and businesses attended the seminar.

Prayut, who was the keynote speaker, addressed the urgency to solve the escalating global climate crisis, setting net-zero greenhouse gas emission reduction targets and carbon-neutral goals.

The prime minister also said the government was in the process of drafting the Climate Change Act, and in November Thailand would attend the COP26 meeting in Glasgow, UK. Prayut hoped the meeting would reach a consensus on key issues, which would lead to actual implementation of the Paris Agreement.

Natural Resources and Environment Minister Varawut Silpa-acha said at the seminar that the new post-Covid-19 era should take into account environmental measures and apply them to every industrial and business process in order to move the economy forward.

But, Varawut added, this would require firm cooperation from the private sector.

Thailand network members set sights on net-zero emissions by 2070

GCNT president Suphachai Chearavanont said one-third of the network members have already proceeded with the Sustainable Development Goals by organising more than 500 projects valued at over THB4.2 billion.

Supachai said the projects would certainly help drive the country’s development.

Related news:

Published : October 13, 2021

By : THE NATION