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11 Nov 2024

Thai Economy

Highlights of sustainability policies at COP29 (Current Issue No.3534 Full Ed.)

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Highlights of sustainability policies at COP29

The 29th  Conference of the Parties to the UN Framework Convention on Climate Change (COP29) is being held from November 11 to 22, 2024, in Baku, Azerbaijan.
  • Various countries will present their updated Nationally Determined Contributions (NDCs) and consider a New Collective Quantified Goal (NCQG) on climate finance, alongside  other initiatives of the host nation. These measures aim to provide financial tools and standards to support countries that are significantly impacted by climate change.
  • Meanwhile, Thailand will introduce its new NDC 3.0, which outlines strategies for greenhouse gas reduction leading up to 2035, along with a review of past climate actions.

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Thai Economy