Country Regulations and Standard

This PDF introduces Do No Significant Harm (DNSH) and Minimum Social Safeguards (MSS) as essential criteria underpinning Thailand’s sustainable finance taxonomy. DNSH ensures that any activity advancing one environmental objective doesn’t significantly damage others (e.g., climate change, water, pollution, biodiversity). MSS requires adherence to international labor and human rights standards throughout taxonomy application.

The Thailand Taxonomy provides a framework to classify economic activities by environmental impact using a green–amber–red system. It defines six environmental objectives: climate change mitigation & adaptation, marine/water resource protection, circular economy, pollution control, and biodiversity restoration. It aims to guide sustainable finance and support Thailand’s transition to a low-carbon economy.

The NDC Action Plan on Mitigation (B.E. 2564 – 2573, or 2021 – 2030) has been developed to serve as a framework for sectoral greenhouse gas mitigation efforts, aligning with the country’s Nationally Determined Contribution (NDC). The plan aims to achieve a greenhouse gas reduction target of 30 – 40 percent below the Business as Usual (BAU) scenario by the year 2030 (B.E. 2573). This will be accomplished through actions across five key sectors: Energy, Transport, Industrial Process and Product Use (IPPU), Waste and Industrial Wastewater Management, and Agriculture.

Note: Available in Thai only.