Chandler MHM

Newsletter

Bio-Circular-Green - New Opportunities in Thailand

At the end of 2021, an urgent global action plan to limit global warming from rising beyond 1.5 degrees Celsius was announced. During the 26th Conference of Parties (COP26), Thailand pledged to increase its nationally determined contributions to cut its emissions by 20 to 25 percent by 2030 with the aim to reach carbon neutrality by 2050 and reach a net-zero goal by 2065. Among many steps to be taken, the Thai Government has announced that a Bio-Circular-Green (BCG) Model will be part of the national agenda for the country’s development. A BCG Model Framework will be in effect from 2021 to 2026. The framework places a focus on farming and food, healthcare and pharmaceuticals, bioenergy and biomaterials, tourism, and creative economy sectors.