BCCT Pre-Connecting Bangkok Briefing on EU Green Deals

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Date & Time: Thu 23-Jan-2025 05:00   
Location: Grand Mercure Bangkok Atrium on New Petchaburi Road
Duration: 1 hour
Member Cost: THB 0.00
Details:

BCCT PRE-CONNECTING BANGKOK BRIEFING 
“The EU Green Deal and Its Implications for Thai SMEs.”

Date: Thursday 23rd January 2025 

Time: 
5.00 - 6.00 pm (immediately before the Connecting Bangkok

Venue: Grand Mercure Bangkok Atrium on Patchaburi road  

Purpose of the Event: To provide a high-level overview of EU Green Deal, Sustainable Finance Taxonomies, and its implications for Thai SMEs

SpeakerThomas Leonard, Head of Section, Supply Chain & Product Assurance of DNV (Thailand)

Cost: free of charge but you must book in advance 

RSVP: book onlineor email events@bccthai.com

*Non-members who would like to join this event should email - greg@bccthai.com


Introduction

The European Union's Green Deal is a comprehensive strategy to make Europe climate-neutral by 2050. This ambitious initiative has far-reaching implications for businesses worldwide, including Thai SMEs. This presentation will delve into the key aspects of the EU Green Deal and its potential impact including sustainable finance taxonomies on Thai businesses, particularly SMEs.

Key Topic

Key regulations include the Carbon Border Adjustment Mechanism (CBAM), which imposes carbon pricing on certain imports, potentially increasing costs for exporters, and the Corporate Sustainability Reporting Directive (CSRD), requiring detailed environmental reporting and alignment with the EU Taxonomy. Future directives, such as the Green Claims Directive, aim to prevent greenwashing, while value chain-focused regulations like the Corporate Sustainability Due Diligence Directive (CSDDD) and the EU Deforestation Regulation (EUDR) mandate addressing environmental and human rights impacts.

Conclusion

The EU Green Deal including sustainable finance taxonomies presents both challenges and opportunities for Thai SMEs. By understanding the key regulations, embracing green innovation, and building sustainable practices, Thai businesses can not only comply with EU standards but also position themselves for long-term growth and competitiveness in the global market.


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