20% > 25% Emission Reduction against Business Aas Usual (BAU) by 2030, depending on international support
Agriculture, Coastal Zone, Disaster Risk Management (DRM), Environment, Health, Water, LULUCF/Forestry, Tourism
NDC IMPLEMENTATION PLAN
Yes (endorsed April 2017)
PARIS AGREEMENT RATIFICATION
Financing & Investment, Private Sector Engagement
NDC PARTNERSHIP MEMBER
Office of Natural Resources and Environmental Policy and Planning, Ministry of Natural Resources and Environment
Context and Objectives
As one of the top 10 countries in the world facing climate risk, Thailand has taken proactive and urgent steps to address climate change. Thailand’s INDC prioritizes adaptation efforts in key sectors such as agriculture and water management, while committing to a 20-25% greenhouse gas (GHG) emissions reduction compared to BAU by 2030. Primary target sector for mitigation is energy, which, together with transport, is responsible for more than 70% of GHG emissions. Proposed mitigation actions in the NDC include feed-in tariffs, tax incentives, and access to investment grants/venture capital to promote renewable energy.
In 2017, the Thai Cabinet endorsed an NDC Roadmap (2021-2030) to deliver on the country’s NDC targets. Developed through a national consultative process which identified a set of mitigation actions in the energy, transport, waste management, and industrial processes and product use sectors, the NDC Roadmap constitutes a tangible action plan to achieve ambitious goals.
The NDC Support Programme will look specifically at how best to finance these action in the energy and transport sector and create an enabling environment for future investment. The project is being jointly implemented with a regional project on public finance, funded by Sweden, that builds on an earlier Climate Public Expenditure and Institutional Review, a UNDP biodiversity financing strategy and a UNDP-FAO cost-benefit analysis for climate change adaptation in the agriculture sector.
Investment and Climate Change Benefits Analyses
- Two public investment analyses will be conducted to assess current investment trends in the energy efficiency and transport sectors, as well as the leveraging effects of policies and financial instruments, including the Energy Efficiency Plan and the Master Plan for Sustainable Transportation.
- Analyses will complement an assessment of private finance flows in the renewable energy sector, as well as a Climate Change Benefits Analysis (CCBA) carried out jointly with other UNDP projects and FAO.
- Using a participatory approach, CCBA builds accountability for the impact of public investments on vulnerable groups and the poor and will be piloted for the agriculture sector.
Private Sector Engagement
- Facilitate a working group, comprising industry and private sector trade, government agencies, to recommend de-risking measures and incentive structures based on findings of investment analyses.
- The working group also provides a forum for more sustained public-private engagement and trust-building on NDC implementation.
Climate Change Financing Framework
- The dual workstreams will dovetail at the end of the project with the design of a blueprint and recommendations for a climate change financing framework for priority NDC actions.
Thailand has developed sound policy frameworks including an Alternative Energy Development Plan, an Energy Efficiency Plan, and a Power Development Plan (2015-2036) to enhance energy security. These sectoral policies are complemented by a Climate Change Master Plan (2015-2050), which is the country’s first comprehensive, long-term strategic framework to address climate change. Climate change has also been mainstreamed into Thailand’s 20-year National Strategy (2017-2036) and the 12th National Economic and Social Development Plan (2017-2021).
Achievements through Low Emission Capacity Building (LECB) Programme:
- Enhanced national GHG inventory system for the transport and waste sectors through capacity development, data mapping and gap filling, improvement in inventory data estimates through application of the IPCC 2006 Guidelines and improved institutional coordination.
- Thai cement and steel firms were sensitized to the opportunities for mitigation actions within the sectors and baselines for NAMA roadmaps were improved with access to proprietary data. Lessons were learned on best methods of engaging private sector.
- Identified key private investment gaps in the renewable energy sector that could be addressed through public policies and improved financial instruments.
The Programme links closely with complementary projects including the UNDP-Sweden regional project on public finance, BIOFIN – a biodiversity financing strategy, and a joint UNDP-FAO cost-benefit analysis for climate change adaptation. Other collaborations include the Energy Research Centre of the Netherlands and NewClimate Institute for support on an energy sector NDC roadmap, and GIZ for support on Thailand’s climate change policy.
At the global level, the Programme is engaged in a range of strategic partnerships including the IKI NDC Support Cluster and NDC Partnership.
The Office of Natural Resources and Environmental Policy and Planning (ONEP) together with the United Nations Development Programme (UNDP), today launched a new project to support Thailand in making progress on its commitments under the Paris Agreement, the so-called Nationally Determined Contributions, or NDCs.
Posted on June 29, 2019