The cabinet on Tuesday approved an action plan to drive bio-, circular and green (BCG) economic development between 2022 and 2027 with a total budget of almost 41 billion baht.
Government spokesman Thanakorn Wangboonkongchana said the action plan is based on the ambition to implement sustainable economic growth and generate more income, using technology and innovation to upgrade the quality of life for Thais and rehabilitate natural resources and biodiversity.
He said the action plan comprises four strategies, with the first meant to build sustainability among natural resources, biodiversity and culture, given a budget of 2.29 billion baht. Significant projects include the Thailand biodiversity genome project and natural resource rehabilitation.
