Abstract
Research Title Institutional preparation and capacity building for Thailand’s adoption of Clean Development Mechanism (CDM) ProjectResearcher Suthawan Sathirathai, et al.Funding Health Systems Research InstituteYear 2004AbstractThe objective of the research report entitled “Institutional Preparation and Capacity Building for Thailand’s Adoption of Clean Development Mechanism (CDM) Project” is to present Thailand’s strategy for implementing the CDM project especially in the field of laws and regulations. This will be used as the main database for negotiations and a basis for decision-making concerning the selection of the projects for the benefit of the people and country. To carry out the study, the researchers organized fora for the exchange of views and knowledge on CDMs both in the public and private sectors. Other research methods used consist of the review and analysis of related laws as well as the collection of data on CDMs in industrialized countries. The outcome of the study shows that the implementation of CDM has enabled Thailand, which enjoys great potential for attracting foreign investments, to increase her capability of achieving sustainable development in line with the requirements of the Kyoto Protocol. Two main issues to be considered are, firstly, the fact that Thailand may have legally-binding targets for reducing greenhouse gas emissions in the future; secondly, the country may also lose other opportunities, should it expedite the implementation of CDM without careful consideration. It is therefore imperative to establish a basic guideline relating to the selection criteria for CDM projects to ensure that there are sound modalities and procedures as well as clear rules on the rights to issue Certified Emission Reductions (CERs) as far as national entities and CDM project owners are concerned. Besides, these rules should enhance the reliability and transparency of the CDM implementation process as well as provide the CDM process with institutional mechanisms to check the performance of related agencies and organizations.
