Display mode (Doesn't show in master page preview)

6 Dec 2024

Thai Economy

Carbon credit price and challenges in developing Thailand's carbon market (Current Issue No.3537 Full Ed.)

คะแนนเฉลี่ย

Carbon credit price and challenges in developing Thailand's carbon market
  • As Thailand’s carbon credit market is classified as voluntary, there has been little incentive to buy carbon credit here. Relying on carbon credit demand to rise significantly to an extent that its price will increase is almost impossible, as well
  • According to a survey, there are only 20-25 percent of buyers and sellers who can successfully reach agreeable prices, which range between THB 51 – 200 per tCO2eq. This price range is relatively low compared to mandatory markets in other countries.
  • However, some projects can sell carbon credit at higher prices on par with those seen in international markets by creating additional value, such as generating co-benefits for local communities or directly addressing the specific needs of buyers. These factors are crucial considerations for project developers aiming to maximize value.

View full article


Thai Economy

ESG