An Institutional Analysis of Climate Finance in Thailand

Authors

Kanittha Tambunlertchai
Sujitra Vassanadumrongdee
Buntoon Srethasirote

Publication Date

2015-05-01

Abstract

While the institutional infrastructure to coordinate climate change policy in Thailand alreadyexists, previous studies have identified an important gap in this infrastructure. An institutional arrangement/coordinating mechanism is needed to oversee coordination of resource allocation and utilization among government agenciesin order to achieve the national goal of a low carbon and resilient society. This paper reviews current policies and institutions related to climate changeand recommends a new Sub-committee on Climate Finance be established under the National Climate Change Committee (NCCC). Alternatively, the existing sub-committee could be renamedas a Sub-committee on Climate Finance and Planning. Having a specific coordinating mecha-nism on climate finance would facilitate the government's oversight of allocation of financial resources, tracking and monitoring of resource use, and also serve as a check point for resource allocation to prevent redundancy in terms of activities and allocated climate change funds. Thisinstitutional proposal may also be relevant and applicable to other developing countries facing similar challenges.

First Page

59

Last Page

74

Recommended Citation

Tambunlertchai, Kanittha; Vassanadumrongdee, Sujitra; and Srethasirote, Buntoon (2015) "An Institutional Analysis of Climate Finance in Thailand," Applied Environmental Research: Vol. 37: No. 2, Article 5.
Available at: https://digital.car.chula.ac.th/aer/vol37/iss2/5