Financing
Are there any public or private “green” financing initiatives for sustainable real estate projects?

Green finance has recently been introduced in Thailand. More and more stakeholders have started looking into it with no doubt that it will play a significant role in the future as part of the nation’s sustainability efforts.

From the financial market side, the Bank of Thailand regards green finance as a key tool for addressing environmental problems and promotes it as part of sustainable finance. Some commercial banks have launched green finance products in the market — for example, green bonds for afforestation projects, green finance for renewable energy projects and other environmental projects, and lower interest rates for home loans if solar panels are installed.

From the capital market side, the Stock Exchange of Thailand (SET) encouraged all players to adopt green finance. Listed companies are required to disclose their ESG practices in Form 56-1 (One Report), and investors can access information about green investments through the SET’s website. In addition, the SET also provides services and information to support listed companies in achieving their sustainable goals.