# SEC approves Green Investment Trust to support national sustainability goals

- Link: https://www.thailand-business-news.com/markets/155136-sec-approves-green-investment-trust-to-support-national-sustainability-goals
- Published: 2024-08-06T18:42:23+07:00
- Author: SiamNews PR

**The SEC has approved revisions to the regulations supporting the establishment
of the Green Investment Trust in Thailand. This is aimed at funding environmental
projects in the forestry and agriculture sectors to help maintain greenhouse gas
levels. Additionally, the SET has amended its securities trading regulations.**

---

The Securities and Exchange Commission (SEC) Board, at its meeting No. 9/2024 on
1 August 2024, has passed a resolution approving the proposed revision to the principles
for the issuance of regulations to support the establishment and management of Green
Investment Trust (GIT) to allow such investment product to facilitate  and support
investment in environmental projects to maintain greenhouse gas in activities in
forestry or agricultural sectors. This is one of the mechanisms supporting the environmental
sustainability development goals and promote creation of biodiversity in Thailand.

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GIT is a trust for capital market transactions with the objectives of investing 
and seeking benefits from environmental projects to alleviate or maintain greenhouse
gas according to the criteria as specified by the Capital Market Supervisory Board(
CMSB), which includes the investment policy, the seeking of benefits, and the types
of investors. Furthermore, GIT does not seek benefits specifically from managing
private assets of any persons or groups of persons (private trust), nor does it 
aim to evade compliance with any relevant laws.  

Key products for GIT investment in environmental projects are: (1) ownership or 
land leasing right only for activities in forestry and agricultural sectors to keep
carbon volume sufficient for complying with the criteria of Thailand Greenhouse 
Gas Management Organization (Public Organization) (TGO), and (2) rights under the
contract for future revenue sharing of the projects under (1), in which case the
land must be located in Thailand and at least is registered in the Verified Carbon
Standard Project with TGO or complies with other international carbon credit standards
widely recognized. 

In this regard, the SEC will draft relevant regulations for the establishment and
management of GIT and conduct a public hearing on this matter to seek comments and
suggestions from stakeholders and the general public.  

Concurrently, the SEC Board’s meeting has also approved the amendments to the securities
trading regulations to enhance market orderliness, as proposed by the Stock Exchange
of Thailand (SET), with the key points as follows: (1) Increasing  the Dynamic Price
Band on a per-security basis, (2) Implementing an Auction trading method for securities
under Trading Alert, Level 2 or higher, and (3) Implementing an Auto Pause on a 
per-security basis upon an abnormally high volume of trading orders.  

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Due to these amendments to the relevant regulations involving the implementation
of entirely new measures, it becomes appropriate for the SET to communicate those
newly deployed measures to investors before launching them to the public and to 
monitor their effectiveness in the next six months after their implementation. This
is to ensure that the measures are suitable and conducive to orderly trading activities.

**Source** : [SEC Board approves establishment of Green Investment Trust to support national sustainability goals and regulatory amendments to enhance trading orderliness measures](https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=10988&rand=113627)
