Dr. Rak Vorrakitpokatorn, President of Export-Import Bank of Thailand (EXIM Thailand), delivered a special lecture titled “Carbon Footprint Data: Unlocking the Potential of Climate Finance” at the “SET Carbon: Digital Solutions for Sustainable Business” event, jointly organized by the Stock Exchange of Thailand (SET), the Department of Climate Change and Environment, Ministry of Natural Resources and Environment, and EXIM Thailand, at SET on January 16, 2025. The event marked the official launch of SET Carbon, a digital platform designed to help businesses efficiently manage and calculate their organizational carbon footprint data, reduce costs, and enhance credibility.
In his speech, Dr. Rak emphasized the significance of Climate Finance as a key mechanism to drive balanced and sustainable economic, social, and environmental growth. He highlighted EXIM Thailand’s role as a Green Development Bank, working to strengthen Thailand’s Climate Finance ecosystem and encourage businesses to accelerate the green economy transition by aligning their carbon footprint reporting with international standards. This approach promotes greater transparency and credibility for projects and enterprises committed to reducing greenhouse gas emissions and achieving sustainable development across the value chain.
To alleviate potential financial burdens associated with carbon data management, EXIM Thailand provides financial support through working capital loans with a special interest rate starting at only 1.99% per annum for the first three months (with an average rate of 4.99% per annum over three years). This initiative aims to enable entrepreneurs to efficiently manage carbon footprint data.