Green Growth Planning – Thailand
The Global Green Growth Institute (GGGI) supports emerging and developing countries that seek to develop rigorous green growth economic development strategies. It places the best available analytical tools at the countries’ disposal, building their institutional capacity to apply these tools for their own purposes, and engaging them in an international process of mutual learning with other countries on a similar journey. The program also supports the implementation of green growth plans by advising on their institutionalization in governmental structures and policy as well as by engaging private investors and public donors in their successful execution.
The work will include macro- and micro-economic analyses of low-carbon development options, as well as policy and carbon finance recommendations. The goal is to develop a comprehensive green growth strategy focused on rural electrification, management of forests, water scarcity and agricultural productivity – the key elements of which will be included in the government’s new Plan for Accelerated and Sustained Development to End Poverty (PASDEP).
GGGI will also identify the long term institutional requirements to implement the plan and to embed green growth planning in the country.
Activities in Thailand
Thailand’s average growth rate over the past three decades has lifted the country out of poverty. This economic growth, however, has come at a cost to Thailand‘s environment. Water shortage, drought, flood, and severe coastline erosion, compounded due to the effects of climate change, pose significant threats to both the country’s environment growth.
Recognizing these challenges, the Royal Thai Government (RTG) is taking steps to mitigate climate change. The Climate Change Master Plan, developed for the period of 2014-2050, is one the RTGs key initiatives and aims to lead the country to a low carbon society by 2050 by reducing greenhouse gas (GHG) emissions within a sustainable growth framework.
GGGI is supporting Thailand to implement the Master Plan by developing a GHG reduction roadmap for the country’s industrial sectors. In 2014, GGGI started implementing the project by conducting comprehensive analysis and stakeholder consultations, with the automotive parts, palm oil, and frozen food industry sub-sectors being selected as the focus of the study.
GGGI’s partners in this project include the German Federal Ministry for Environment (BMU), the Office of Natural Resources and Environment Policy & Planning and the Ministry of Natural Resources and Environment.