Advancing Thailand´s Access to GCF

To continue the momentum from GCF Readiness support in 2016, Thailand has successfully developed its Country Program, criteria for no objection procedure, and other necessary elements. With these necessities in place, the country would be in a better position to pursue opportunities working more closely and collaboratively with GCF. Nonetheless, there are few key challenges preventing the country to effectively access to GCF resources. These are a) limited technical capacity of NDA in assessing potential GCF projects; b) unidentified priority sector for project pipeline development; and c) the need for private sector engagement in developing the sector investment plan. The project aims to address the above challenges with the expected result that Thailand will be ready to access GCF’s resources and will be on track to achieve its NDC targets of reducing GHG emissions by 20.00- 25.00% from BAU by 2030.