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BOI announces initiatives for measures to support carbon credits, clearing the path to achieve 'Net Zero' goals

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Thailand Board of Investment (BOI) prepares to implement measures to support carbon credits, paving the way toward achieving 'Net Zero' and providing additional special benefits. The organization is also progressing in its collaboration with the Pollution Control Department to encourage the private sector to assist the agricultural industry in reducing burning practices, ultimately mitigating PM2.5 dust pollution.

Narit Therdsteerasukdi, BOI Secretary General, revealed that BOI is actively preparing to launch a series of persuasive measures along with the existing ones aimed at bolstering carbon credit support.

These measures are set to drive the industrial sector's transition towards carbon neutrality and 'net zero' emissions. This will include overhauling machinery and organizational processes to clean energy, enforcing green energy adoption such as CCUS (Carbon Capture, Utilization, and Storage) or environmental-friendly cooling systems in certain business sectors, as well as implementing equipment modifications designed to reduce greenhouse gas emissions, a practice that has long been in place. However, none of the current policies fully encompass carbon credits yet.

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