We are pleased to announce that the UK Partnering for Accelerated Climate Transitions (UK PACT) programme has launched a new funding opportunity in Thailand in the green finance, carbon pricing and disclosures sectors.
Thailand UK PACT is seeking to extend its support to Thailand’s climate actions in green finance, carbon pricing and disclosures through technical assistance and capacity-building projects. The deadline for applications is 25 September 2024, 18:00 ICT/ 11:00 UTC.
What are we looking for?
We are looking to award grant funding to initiatives that enhance green finance, carbon pricing and disclosures in Thailand, with a particular focus on reducing carbon emissions. These projects should be in line with government strategies and policies, provide benefits to the private sector and the wider public, and contribute synergistically to development and implementation of climate-related policies and strategies. The overarching goal is to mitigate carbon emissions and contribute positively to scaling financing and investment into green and transition activities. the focus will be on three intervention areas:
Area of intervention 1: Green and transition finance with interventions on taxonomy, sovereign and sub-sovereign thematic bonds and transition finance.
Area of intervention 2: Carbon pricing with interventions on carbon tax, mandatory Emissions Trading System (ETS) scheme and Carbon Border Adjustment Mechanism (CBAM) impact mitigation.
Area of intervention 3: Non-financial reporting and disclosures with interventions on strengthening readiness to adopt and report in line with International Sustainability Standards Board ISSB sustainability and climate-related disclosure standards.
Who can apply?
All organisations that consider themselves capable of delivering the project activities presented may submit proposals, considering aspects such as cost-effectiveness, project management, impacts on GEDSI (Gender Equality, Disability and Social Inclusion), technical capacity of the organisation or proposing consortium. For-profit organisations can apply, but all projects must be delivered on a not-for-profit basis. Government agencies and/or departments are not eligible to apply either as a lead organisation, or as a partner organisation within consortium.
For full details on how to apply and to access application documents click the button below.
