Bangkok (VNA) – Thai small and medium-sized enterprises (SMEs) are being encouraged to adopt more eco-friendly practices to obtain loans under a new financial assistance scheme worth 5 billion THB (150 million USD), according to the Federation of Thai Industries (FTI).
This green loan scheme was allocated for SMEs facing difficulties accessing financial sources, as they need to pay greater attention to environmental issues. The scheme, initiated through cooperation between the FTI and the Thai Bankers' Association, aims to help SMEs carve out a smaller carbon footprint.
FTI Vice Chairman Chaiwat Kovavisarach said Thailand emits roughly 350 million tonnes of carbon dioxide equivalent annually, with the energy and industrial sectors accounting for more than 75% of this amount. Though this volume represents just 1% of global emissions, the Thai Government is eager to achieve carbon neutrality, a balance between carbon dioxide emissions and absorption, by 2050.
Encouraging companies to adopt eco-friendly manufacturing is part of the FTI's "Four Goes" campaign to help businesses survive and grow amidst economic uncertainties, said FTI Chairman Kriengkrai Thiennukul. The campaign comprises: Go Green, Go Digital, Go Innovation and Go Global./.
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