Thailand Voluntary Emissions Trading Scheme

A market-based approach designed to help organizations in Thailand manage and reduce their greenhouse gas (GHG) emissions. Unlike mandatory emissions trading systems, T-ETS operates on a voluntary basis, allowing businesses and other entities to participate in carbon trading to offset their emissions. Participants can buy and sell carbon credits or allowances representing a certain amount of GHG emissions reduced or avoided. The scheme aims to incentivize emission reductions by providing financial rewards for achieving lower emissions and by fostering a market for carbon credits, thereby supporting Thailand's broader climate goals and sustainable development objectives.