Carbon Markets Club Advances Regional Linkages for Carbon Credits from Thailand

Mrs. Gloyta noted that the initial recognition of Thailand's T-VER projects in overseas markets reflects the country's gradual progress towards greater regional integration of carbon markets. It also signals an opening for domestic standards to begin participating in broader market mechanisms, in line with government efforts to position Thailand within international carbon market frameworks. However, standards alone are not sufficient; they must be applicable across diverse contexts and gradually build mutual trust, which is fundamental to the long-term development of carbon markets. While T-VER remains a domestic standard, its emerging presence in international platforms—particularly through collaborative arrangements—highlights opportunities to expand market access and enhance liquidity for Thai carbon credits going forward.

CMC works across sectors to connect standards, markets, and demand, while advancing regional collaboration through the ASEAN Common Carbon Framework (ACCF). The focus is not only on alignment, but on enabling practical linkages that can work across different national contexts over time.

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