Mr. Asset Kongsiri, Director and Manager of the Stock Exchange of Thailand, stated that the collaboration on developing a carbon credit trading system is a key strategic initiative of the Stock Exchange of Thailand. This effort aims to drive Thailand and other Asian countries toward a low-carbon economy, aligning with the government’s policy on climate change.
This policy focuses on implementing a carbon pricing mechanism, incorporating a greenhouse gas emission system, carbon credits, and carbon taxes. By utilizing the expertise of the Intercontinental Exchange (ICE), which manages some of the world’s most active carbon markets, the Stock Exchange of Thailand can gain valuable insights. These insights will support the creation of a carbon market framework customized to Thailand’s unique needs.
This initiative plays a pivotal role in helping Thai businesses reduce greenhouse gas emissions while boosting their competitiveness in an increasingly eco-conscious global market. ICE emphasized its two decades of expertise in financial technology and carbon market development, showcasing its commitment to supporting Thailand in building a strong and efficient carbon market framework. This effort aims to drive sustainable development and solidify Thailand’s standing in the global environmental arena.
