Heavy outbound traffic on Vibhavadi Rangsit Road. The government aims to reduce carbon dioxide emissions from cars by encouraging motorists to use more electric vehicles.
Thailand is intensifying its efforts to combat global warming by steering investment towards green manufacturing.At the centre of this strategy is the bio-, circular and green (BCG) economic model -- a framework that aims to balance growth with sustainability.
Though it no longer commands the same spotlight it did when first introduced several years ago, BCG remains crucial to Thailand's ambition of achieving a net-zero target by 2050, 15 years earlier than its original target.
The Explainer examines how BCG is evolving under the current government, its role in Thailand's economic revival and whether businesses are truly embracing the model.
Did BCG lose steam as a key government policy?
