Thailand to declare “Bangkok Goals” at APEC Economic Leaders’ Meeting

[webfact]

 

by Namo Vananupong
    
BANGKOK (NNT) - Thailand is preparing to announce a set of “Bangkok Goals” at the APEC Economic Leaders’ Meeting in November. The “Bangkok Goals on BCG Economy will become a “landmark” for APEC 2022, reflecting Thailand’s drive for Bio-Circular-Green Economy.

 

Department of International Economic Affairs Director-General Choetchai Chaiwaiwit said the declaration will consist of 4 main agendas. It will call for targets to be met, including in the aspects of carbon neutrality, net zero emissions, natural resources management, and biodiversity management. The declaration will also contain an agenda on the management of waste generated from trade and investment.

 

Mr. Choetchai said that once the Bangkok Goals are declared, the business sector will need to apply ethics to trade and investment. This effort must be measurable and regulated. For example, the APEC finance ministers’ meeting will discuss “Green Bonds” which will only be issued to businesses that operate with the environment in mind.

 

The director-general added that APEC’s concrete work results are not limited to establishing agencies or centers. APEC must be a point that fosters the driving of the various agendas present. This is especially true for the climate change issue, which Thailand previously only had 3 laws that enabled relevant efforts to be taken.

 

Mr. Choetchai said achieving the Bangkok Goals require a dedicated master law on climate change. Singapore, Japan, the Philippines and the United States already have this law but Thailand does not. He said Thailand would also need an “environmental care measures” bill.

 

Mr. Choetchai added he hoped the APEC meetings will promote an explosion of ideas in Thailand, as the state sector alone cannot handle all problems.

 

Source: https://thainews.prd.go.th/en/news/detail/TCATG221016101119241

 

-- © Copyright NNT 2022-10-17

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more!

 

[2baht]

Green, green, it's green they say, on the far side of the hill

Green, green, I'm goin' away to where the grass is greener still! 

 

[RichardColeman]

Looking at that poster, I keep thinking there must be an up and coming Thai version of 'My Name Is  Earl'

[proton]

“environmental care measures” bill.

 

Never mind the carbon neutral drivel and the other buzz phrases, just get rid of most soi dogs and road side rubbish tips.

[Partenavia]

All sounds good, however, nothing will happen. It's just the way things are here.