Thailand recently announced it will participate in the Internationally Transferred Mitigation Outcomes (ITMO), a legal agreement between any two countries to market greenhouse gas (GHG) mitigation outcomes.
Speaking at the 27th Conference of the Parties (COP27) in Sharm el-Sheikh, Egypt, Varawut Silpa-archa, the Natural Resources and Environment Minister who led Thai delegates to join the event, conveyed the kingdom's position on climate change. He said Thailand was ready to support the cooperative approaches instilled under the Paris Agreement that allow for carbon credit transfers between two countries.
