[CDx Launch Session Summary] Welcome Introduction and Special Address

Written by
The CDx Team
Published on
November 26, 2024

The opening session of the Southeast Asia Corporate Decarbonization Exchange (CDx) emphasized both engagement and knowledge exchange. Speakers talked about the importance of corporate-university collaboration, the goal of carbon neutrality by 2040, and the need for innovative approaches.  

Dr Kanyawim Kirtikara, Senior Vice President Research and Innovation, King Mongkut University of Thailand Thongburi (KMUTT), highlighted Thailand’s pledge to achieve carbon neutrality by 2050 and net zero by 2065. Mark Lister, co-CEO of Asia Clean Energy Partners, discussed the CDx’s interactive format and the need for broader outreach.  

In his special address, Dr. Twarath Sutabutr from the Office of Knowledge Management and Development (OKMD) of the Thai Prime Minister’s Office stressed the urgency of climate change, the necessity of market mechanisms in decarbonization, and the role of education in fostering decarbonization efforts.

Key Takeaways

  • Thailand’s Decarbonization Commitments and Government Measures: Thailand is committed to carbon neutrality by 2050 and net-zero emissions by 2065. This includes implementing mandatory decarbonization measures for key industries and introducing carbon trading and a carbon tax to incentivize action.
  • Role of Education in Decarbonization: Engaging the education sector is vital, including curriculum updates, leveraging technology, and raising awareness to prepare future generations for decarbonization challenges.
  • Corporate Sector Leadership: Companies must lead by upskilling staff, deploying resources, and collaborating across supply chains to drive decarbonization at scale.
  • Regional Climate Action: Thailand’s and Malaysia's efforts can serve as models for the ASEAN region, positioning Southeast Asia as a leader in global climate action.
  • Carbon Pricing and Market Mechanisms: Establishing market mechanisms, including a carbon price of USD100–200 per ton, is crucial to incentivizing emissions reductions.
  • Engagement and Knowledge Exchange: Platforms like CDx are key to fostering collaboration across businesses, governments, and universities to accelerate decarbonization efforts regionally.

CDx newsletter
Receive the latest updates and insights on corporate decarbonization in Southeast Asia.
Subscribe
Read about our privacy policy.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.