How is the Thai government supporting green cement production?

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The Thai government is accelerating support mechanisms for green cement production through legislation, incentives, and financial tools.

The Thai government is actively fostering the transition towards sustainable cement production by expediting crucial support mechanisms. This includes the rapid advancement of climate legislation, the introduction of enhanced green investment incentives, and the deployment of financial tools specifically designed to bolster low-carbon technologies, notably carbon capture, utilization, and storage (CCUS). These measures are intended to facilitate new investment models and underwrite the long-term transformation of the industrial sector.
Government Action to Accelerate Climate Initiatives

The Department of Climate Change and Environment, represented by Dr. Kittisak Prukkanone, Director of the Division of Strategy and International Cooperation, highlighted the government's commitment to expediting legislative frameworks, green investment incentives, and financial instruments. This accelerated approach is crucial for supporting the development and adoption of low-carbon technologies within the cement industry. The government's focus is on creating an environment that encourages innovation and investment in sustainable practices.
Financial Tools and Investment Support

A key component of the government's strategy involves providing financial tools to support low-carbon technologies. This includes specific provisions for carbon capture, utilization, and storage (CCUS), a critical area for reducing emissions in hard-to-abate sectors like cement manufacturing. These financial mechanisms are designed to unlock new investment models, making it more feasible for companies to adopt cleaner production methods and contribute to the nation's climate goals.
Encouraging Business Adaptation and Investment

Businesses are being urged to proactively prepare for the evolving regulatory landscape and the increasing demand for sustainable products. This preparation involves strategic investments in new technologies, the enhancement of data management systems to track and report environmental performance, and the adaptation of operational processes to align with future climate regulations. The emphasis is on viewing the transition to a low-carbon economy not as a burden, but as an investment in future competitiveness.

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How is the Thai government supporting green cement production?

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