Thailand NDC target through incentivizing use of EV

Project Dates: March 2023 - March 2025
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Thailand NDC target through incentivizing use of EV
PROJECT OBJECTIVE

This project was funded by the Government of Japan to explore barriers and enhance enabling conditions to incentivize customers to drive EVs. The objective of the project is to establish the SDG & EV Climate Credit Programme to support the country’s vision on the NDC target and Sustainable Development Goals (SDG) by incentivizing local electric vehicle drivers/organizations to earn credit for driving clean.

PROJECT DESCRIPTION

Thailand is among the countries with the most likelihood of being severely impacted by natural disasters and pollution. For instance, the major flood in 2011 caused a total loss and damage of 1.4 trillion Thai Baht, while Thailand’s capacity in handling natural disasters is quite low, ranking 39th out of 48 countries. If Thailand does not adapt, it is projected that climate change may cause the country’s Gross Domestic Product (GDP) to decline by 43.6 percent by 2048. In order to cope with such risks, Thailand had recently submitted its national pledges (Nationally Determined Contribution: NDC) aiming to reduce its greenhouse gas emissions by 30 percent from the projected business-asusual (BAU) level by 2030 and could increase up to 40 percent, subject to adequate and enhanced access to technology development and transfer, financial resources and capacity building support. Thailand is now in the implementation phase, translating these pledges into concrete action. To support the country’s vision on the new National Economic and Social Development Plan as well as the NDC target and Sustainable Development Goal (SDG) localization, UNDP is proposing to catalyse and support Thailand to establish the SDG & EV Climate Credit Programme. The concept aims to incentivize local electric vehicle drivers/organizations earning a credit for driving clean as a reward for adopting clean transportation to help reduce air pollution and greenhouse gas emissions. This will also support the country’s EV production via increasing the domestic demand for EVs to Thailand’s Net Zero Emission ambition. The project will partial contribution to national economy wide NDC target. Beneficiaries from the project include EV owner, Thailand Carbon markets Club, Electric Vehicle Association of Thailand (EVAT), EV related private business. In addition, the project will also benefit to 280,000 indirect beneficiaries who are pedestrian in Bangkok area where project site of most EV adoption located.



Region/Location

BUDGET

USD 1,374,560

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. Government of Japan
IMPLEMENTING AGENCY OR AGENCIES

GOVERNMENT PARTNER
  1. Not Available
ADDITIONAL INFORMATION

The program is implemented in collaboration with the private sector, including a partnership with the Electric Vehicle Association of Thailand (EVAT). EVAT is a network of academic and private sector stakeholders dedicated to promoting the adoption of EVs.


BUDGET

USD 1,374,560

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. Government of Japan
IMPLEMENTING AGENCY OR AGENCIES

GOVERNMENT PARTNER
  1. Not Available