The RAC NAMA Project, together with The Creagy Company Limited, has conducted a study on effective and innovative financial instruments for upscaling investments on energy efficiency (EE) in Thailand. The study is a background research aiming to review EE financial mechanisms in Thailand and to identify opportunities for additional innovative financial scheme for the market introduction of EE technologies and investment promotion.
On 25 January 2019, the RAC NAMA Project together with the Office of Natural Resources and Environmental Policy and Planning (ONEP) and the Department of Alternative Energy Development and Efficiency (DEDE) held a stakeholder engagement workshop “Innovative Financial Mechanisms to scale up EE investment in Thailand” to convey results from preliminary researches of the study and to serve as an exchange platform among representatives from public and private agencies and EE finance experts. They discussed about EE financial mechanisms and explored opportunities and challenges on how to improve current financial mechanisms and drive forward innovative financial mechanisms in Thailand.
One of the highlights of the workshop was the experience sharing session with Mr. Kamaradzaman Mohd Bakri from Malaysian Green Technology Corporation, an EE expert on energy policy who presented the credit guarantee mechanism to mitigate the risk of ESCO project and to improve access to finance for EE.
Documents from the workshop can be viewed here: https://goo.gl/tw6hco