Climate Policy Engagement Analysis
Climate Policy Engagement Overview: The Federation of Thai Industries (FTI) shows broadly positive support for climate change policy in Thailand, albeit with limited engagement. The association appears supportive of the development of an emissions trading scheme in Thailand and engages broadly positively with policy related to the energy transition.
Top-line Messaging on Climate Policy: The Federation of Thai Industries (FTI) appears somewhat supportive of action on climate change in its top-line messaging in 2021-23. In a November 2022 news article, the Chairman of FTI, Mr. Kriengkrai Thiennukul, stated support for Thailand’s carbon neutrality and net-zero targets. However, in a May 2023 news release, the association stated support for government climate policy although with some unspecified qualifications. Similarly, in a March 2023 news release, FTI took unclear positions on the EU Green Deal and associated policies.
Engagement with Climate-Related Regulations: The Federation of Thai Industries (FTI) appears to have limited yet broadly positive engagement with climate change policy in Thailand in 2021-23. The association was supportive of emissions trading in an August 2022 news release in which it described developing a carbon credit trading platform alongside the Thailand Greenhouse Gas Management Organization. In a March 2022 news release, the FTI supported policy to make agricultural production more efficient, but was unclear in its position on the dietary transition. The association took an unclear position on the EU Carbon Border Adjustment Mechanism in a March 2023 news release.
Positioning on Energy Transition: The Federation of Thai Industries (FTI) has limited but broadly positive engagement with policy related to the energy transition. In a March 2023 news release, the chairman of FTI, Mr. Kriengkrai Thiennukul, appeared supportive of a move towards the decarbonization of the economy. Furthermore, the association supported reducing the role of fossil gas in the national energy mix in a December 2022 news release.