Delegates from countries across the Asia-Pacific region agreed on the need to integrate environmental sustainability into development policy, including through Green Growth. This was one of the outcomes of the first session of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Committee on Environment and Development, which ended today in Bangkok.
The three-day meeting drew together delegates from across the region to review current issues in the field of environment and development including presentations on real world projects.
The final day of the meeting brought together 10 successful ongoing.
One project presented from Thailand was the Eco-Village, where all resources – solid, liquid and gas – are recycled and reused. This includes sequestering CO2 emissions for the growth and production of algae biomass which is then used to generate energy and produce fertilizer. This process, which targeted reducing the village’s overall energy consumption by 40 per cent, now produces excess energy which is sold for a profit.
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Thai Government to issue Bt50 bln ( $1.57 bln)Savings Bonds to fund COVID-19 Relief Measures
The special savings bonds are available via the “Sasom Bond Mung Kung” e-wallet, abbreviated to “Sor Bor Mor” in Thai on Krungthai Bank’s Pao Tang mobile app, and through four dealer banks. The minimum purchase of these bonds is 1,000 baht, without no maximum. Interest is paid twice a year.
BANGKOK (NNT) – Thailand’s Public Debt Management Office (PDMO) plans to issue “Ying Aom Ying Dai” (the more you save, the more you earn) government savings bonds, worth 50 billion baht, next month, aiming to use the funds to finance state projects to ease the impacts of the pandemic.(more…)
Thai Government Plans to Increase 2022 Investment Budget by 90 Billion baht ($2.84 bln)
According to the 2022 fiscal budget bill, which has public spending set at 3.1 trillion baht, accounting for 17.9% of GDP, the government would need to borrow 700 billion baht to offset the deficit.
BANGKOK (NNT) – The Budget Bureau notes that the Thai government plans to increase its investment budget by 90 billion baht in the fiscal year 2022, in compliance with a law related to state financial and fiscal discipline.(more…)
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