- Find out how an enabling environment can attract investments into the Thai blue economy: www.adb.org/publications/road-map-private-sector-financing-blue-economy-thailand #thailand #blueeconomy #oceanhealth
- What are the barriers to investing in the Thai blue economy and how do we surmount them? Find out: www.adb.org/publications/road-map-private-sector-financing-blue-economy-thailand #thailand #blueeconomy #oceanhealth
- Let’s explore ways to bring in more investments in a sustainable Thai blue economy: www.adb.org/publications/road-map-private-sector-financing-blue-economy-thailand #thailand #blueeconomy #oceanhealth
The video summarizes and promotes the publication A Road Map for Scaling Up Private Sector Financing for the Blue Economy in Thailand: Investment Report which outlines solutions for mobilizing private sector investment in Thailand’s sustainable blue economy.
The road map explains why several factors serve as barriers to attracting investors into blue finance, such as limited awareness of blue opportunities, a lack of investment-ready projects, and insufficient monitoring. It also outlines how decision makers can drive investment flows to the sector and safeguard Thailand’s blue economic growth by creating an enabling environment and developing financing mechanisms such as blue bonds, loans, and grants.
Transcript
The ocean economy constitutes almost one-third of Thailand’s GDP, and its 23 coastal provinces support the livelihoods of a quarter of the country’s population.
But Thailand’s ocean economy is under threat by climate change, pollution, and unsustainable practices.
Coastal erosion causes Thailand to lose approximately 30 square kilometers of land every year, and over 70% of coral reefs in the country have already been lost.
As a coastal nation, Thailand must ensure the sustainable use of ocean resources to safeguard future economic growth.
But this transition requires financing, from public and private sources.
“A Roadmap for Scaling Up Private Sector Financing for the Blue Economy in Thailand” identifies opportunities, barriers, and solutions to increasing investments from financial institutions toward a sustainable blue economy in the country.
The publication features a 4-quadrant matrix which prioritizes blue economy sectors in Thailand, based on sector attractiveness and interest from financial institutions.
The roadmap identifies seven key barriers to scaling up private sector financing for the Blue economy in Thailand.
To address these barriers, the investment brief presents ten recommendations, grouped into six product design solutions and four recommended Policy actions and incentives.
For each quadrant and sector, the road map provides solutions corresponding to identified barriers.
For financial institutions, both local and foreign, Thailand’s blue economy presents significant opportunities for growth and socioeconomic impact.
For more detailed information, read or download the publication now.
Go to www.adb.org/acgf or scan this QR code.
