[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-109139-en":3,"doc-seo-109139-105":30,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":13,"seo_description":14,"update_tm":28,"read_time":29},109139,687197100911,"Himbo","https://ap-avatar.wpscdn.com/avatar/a000239b6f1da00475?x-image-process=image/resize,m_fixed,w_180,h_180&k=1785132997149421697",8,"Research & Report","Climate and Environmental Risks and Opportunities for the Thai Financial Sector - Background Note for the Thailand Country Climate and Development Report (CCDR) - April 2026","Climate and environmental risks and opportunities for Thailand’s financial sector are analyzed to support the Thailand Country Climate and Development Report (CCDR). The background note frames climate physical risks and transition risks, then reviews measures strengthening the enabling environment for sustainable finance in Thailand. It covers roles of financial institutions, national development and climate policies, taxonomy and disclosure initiatives, and benchmarking progress. It also assesses sustainable finance market states, including banking, insurance, and carbon credits, and identifies key scaling challenges across demand and supply sides.","Public Disclosure Authorized Pub lic Disclosure Authorized  \nClimate and Environmental Risks and Opportunities for the Thai Financial Sector  \nBackground Note for the  \nThailand Country Climate and Development Report (CCDR)  \nApril 2026  \n© 2026 The World Bank  \n1818 H Street NW, Washington DC 20433  \nTelephone: 202-473-1000; [Internet: ](Internet: www.worldbank.org)[www.worldbank.org](Internet: www.worldbank.org)  \nSome rights reserved  \nThis work is a product of The World Bank. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of the Executive Directors ofThe World Bank or the governments they represent.  \nThe World Bank does not guarantee the accuracy, completeness, or currency of the data included in this work and does not assume responsibility for any errors, omissions, or discrepancies in the information, or liability with respect to the use of or failure to use the information, methods, processes, or conclusions set forth. The boundaries, colors, denominations, links/footnotes and other information shown in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. The citation of works authored by others does not mean the World Bank endorses the views expressed by those authors or the content of their works.  \nNothing herein shall constitute or be construed or considered to be a limitation upon or waiver of the privileges and immunities of The World Bank, all of which are specifically reserved.  \nRights and Permissions  \nThe material in this work is subject to copyright. Because The World Bank encourages dissemination of its knowledge, this work may be reproduced, in whole or in part, for noncommercial purposes as long as full attribution to this work is given.  \nAttribution—Please cite the work as follows: “World Bank. 2026. Climate and Environmental Risks and Opportunities for the Thai Financial Sector. Washington, DC.”  \nAny queries on rights and licenses, including subsidiary rights, should be addressed to World Bank Publications, The World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; [e-mail: ](e-mail: pubrights@worldbank.org)[pubrights@worldbank.org](e-mail: pubrights@worldbank.org).  \nContents  \nExecutive Summary ........................................................................................................................II  \n1. Introduction ............................................................................................................................. 1  \n2. Financial Sector Background................................................................................................... 3  \n3. Climate Related Risks for the Thai Financial Sector .............................................................. 6  \n3.1. Climate physical risks ..................................................................................................... 6  \n3.2. Climate transition risk ................................................................................................... 12  \n4. Recent Developments to Strengthen the Enabling Environment for Sustainable Finance in Thailand ........................................................................................................................................ 14  \n4.1. The roles of financial institutions in mobilizing capital for climate investment .......... 14  \n4.2. National development and climate policies .................................................................. 15  \n4.3. Key sustainable finance-related initiatives in the financial sector ................................ 16  \n4.3.1. Thailand Taxonomy .................................................................................................. 16  \n4.3.2. Supportive Strategy, Policy and Regulatory Frameworks ........................................ 17  \n4.3.3. Sustainability Disclosure Practices .","cbCailTPXPWB4Qdb","https://ap.wps.com/l/cbCailTPXPWB4Qdb","pdf",2081673,4,1,63,"English","en",105,"# Executive Summary\n# Introduction\n# Financial Sector Background\n# Climate Related Risks for the Thai Financial Sector\n## Climate physical risks\n## Climate transition risk\n# Recent Developments to Strengthen the Enabling Environment for Sustainable Finance in Thailand\n## The roles of financial institutions in mobilizing capital for climate investment\n## National development and climate policies\n## Key sustainable finance-related initiatives in the financial sector\n# State and Trends of Sustainable Finance Markets in Thailand\n## Banking and Capital Market (Green Debts)\n## Insurance\n## Carbon credit market\n# Benchmarking Sustainable Finance Progress in Thailand in the Global Context\n## SBFN Benchmarking\n# Challenges for Scaling Sustainable Finance\n## Demand-side challenges\n## Supply-side challenges","[{\"question\":\"What climate risks are assessed for Thailand’s financial sector?\",\"answer\":\"The note covers climate physical risks and climate transition risks that can affect financial institutions and market stability.\"},{\"question\":\"Which initiatives support the enabling environment for sustainable finance in Thailand?\",\"answer\":\"It reviews national development and climate policies, financial-institution roles, and key initiatives such as the Thailand Taxonomy and sustainability disclosure practices.\"},{\"question\":\"What are the main challenges to scaling sustainable finance?\",\"answer\":\"Challenges include limited ESG awareness and capacity among borrowers, weak incentives for green investment, limited pipeline of bankable projects, and on the supply side limited data availability and investor participation.\"}]",1784477223,159,{"code":4,"msg":31,"data":32},"ok",{"site_id":25,"language":24,"slug":33,"title":13,"keywords":34,"description":14,"schema_data":35,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":28},"climate-and-environmental-risks-and-opportunities-for-the-thai-financial-sector-background-note-for-the-thailand-country-climate-and-development-report-ccdr-april-2026","",{"@graph":36,"@context":85},[37,53,68],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,51],{"item":41,"name":42,"@type":43,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/document/","Document",2,{"item":49,"name":12,"@type":43,"position":50},"https://docshare.wps.com/document/research-report/",3,{"item":52,"name":13,"@type":43,"position":20},"https://docshare.wps.com/document/climate-and-environmental-risks-and-opportunities-for-the-thai-financial-sector-background-note-for-the-thailand-country-climate-and-development-report-ccdr-april-2026/109139/",{"url":52,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":24,"description":14,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":41,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-30","2026-07-19",true,{"@type":65,"interactionType":66,"userInteractionCount":20},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"What 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