Catalyzing finance and investment
for a sustainable and climate resilient future
Established in 2024, Climate Finance Network Thailand (CFNT) is a think tank and a network of like-minded individuals headquartered in Bangkok, devoted to propelling sustainable financial practices and assisting in Thailand’s transition toward a low-carbon economy.
Climate Finance in Thailand
Recognizing the pivotal role of the financial sector in combating climate change, CFNT’s primary objective is to help catalyze impactful climate finance through solution-based research, stakeholder engagement, and network building. Our ultimate goal is to assist Thailand’s financial sector to be more responsive to the challenges of climate change. By uniting forces with like-minded partners, CFNT endeavors to help shape a financial landscape that aligns with global sustainability goals and fosters a resilient, green, and inclusive economy.

Event
CFNT Webinar Series: Can Chinese EV Investment Contribute to Thailand’s Green Transformation?
August 26, 2025 l 10:00 – 11:30 AM (Bangkok Time)
Microsoft Teams Webinar
How much can Chinese EV investment truly contribute to Thailand’s green transformation? Let’s find the answers in our upcoming online seminar
Research Highlights
Can Chinese EV InvestmentContribute to Thailand’s Green Transformation?
This report examines the governance structures and local implications of Chinese electric vehicle investment in Thailand. It intends to provide an evidence-based reference point for policymakers and stakeholders in both countries, for future research, analysis, and action towards a more inclusive, trusted, and equitable form of sustainable development.
Here Comes Everybody: Boosting Residential Solar Financing with Crowdfunding Models in Thailand
Thailand has abundant solar resources, but its utilization of solar energy falls short of its potential. This report explores crowdfunding as an alternative financing mechanism to bridge gaps in residential solar photovoltaic (PV) funding. We propose several financing models tailored to the Thai context, including Pay-As-You-Save (PAYS), which enables consumers to install solar PV systems […]
A Better Path is Possible Critique and Suggestions to Draft PDP2024
In this report, we critically analyze draft Power Development Plan 2024 (PDP2024), emphasizing its over-reliance on fossil fuels, particularly natural gas, and the high associated costs and risks. Despite Thailand’s commitment to achieving carbon neutrality by 2050, the plan prioritizes the development of new gas plants and unproven technologies such as Small Modular Reactors (SMRs) […]
Thailand’s Fossil Lock-In: Stranded Risk of Midstream Oil & Gas Infrastructure
This report examines the financial risks of Thailand’s continued investments in midstream oil and gas infrastructure, including refineries and LNG terminals. As the world shifts towards net-zero emissions, these infrastructures face significant economic risks. The report details investment costs, with 189 billion THB for new oil refineries and 66 billion THB for new LNG terminal […]
Fossil Reckoning: Valuation of Coal and Gas Stranded Assets in Thailand
This research aims to evaluate the financial impact of Thailand’s transition to clean energy focusing on the potential stranded asset values within the gas and coal powerplant industry. Employing the Discounted Cash Flow (DCF) methodology, our analysis encompasses three scenarios: (1) Base Case or Power Development Plan 2018 Revision 1, (2) Rapid Transformation, and (3) […]
Articles
Closing Keynote Summary: Beyond Urgency : The Ecosystem’s Duty in a Changing Climate
Here are the key takeaways from closing keynote of the ‘2025 Climate Finance Tracker: Uncovering Thailand Flows’ from representatives of UNEP and DCCE
6 Key Insights from the Launch of the 2025 Thailand Climate Finance Tracker
What is Thailand Cliamte Finance Tracker? Why Thailand need a systematic approach to data collection? And what key findings have emerged from this research? Below are 6 key takeaways from CFNT’s Climate Finance Landscape report.
Taking stock of nation’s climate finance
Thailand ranked 30th in year’s list of countries that are most vulnerable to climate change, but still lacks a clear picture of the current climate finance flows in the country.
Tariffs, Trade, and Turbulence: Thailand’s Clean Energy Crossroads
Donald Trump’s latest tariffs have sent fresh shockwaves through the global clean energy sector. The impact is already visible in Southeast Asia, where Chinese exports are flooding markets and countries like Thailand face mounting pressure to adapt.
Thailand’s cleaner grid is within reach
The draft PDP2024 outlines the country’s power for the next two decades. Here are five key takeaways that policymakers and energy planners should seriously consider.
Global Climate Finance Under Threat: What U.S. Aid Cuts Could Mean for Thailand
The Trump administration’s recent decision to rescind $4 billion in U.S. pledges to the United Nations’ Green Climate Fund (GCF) has sent shockwaves through the global climate finance community. This move, coupled with significant cuts to the U.S. Agency for International Development (USAID), threatens to reduce global climate finance by nearly 10%, a substantial setback […]
Media
CFNT LAUNCHES THAILAND’S FIRST CLIMATE FINANCE TRACKER
Full video of CFNT launch “Thailand Climte Finance Tracker” event.
CFNT Webinar Series – Phasing out coal: Case studies from Germany
On April 3, 2025, Climate Finance Network Thailand (CFNT) hosted a webinar titled “Phasing out coal: Case studies from Germany” The webinar featured Suchart Klaikaew, Program Lead for Innovation Regions for a Just Energy Transition (IKI JET) Thailand and an experienced Just Energy Transition Expert at GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit), Germany’s main development […]
CFNT Webinar Series – Can green bonds accelerate climate action?
On February 28, 2025, Climate Finance Network Thailand (CFNT) hosted a webinar titled “Can Green Bonds Accelerate Climate Action?” The webinar featured Rahul Sheth, Managing Director of Debt Capital Markets & Global Head of Sustainable Bonds at Standard Chartered Bank, who shared insights into the evolving landscape of green bond financing. Discussions covered the global […]
CFNT Report Launch – Here Comes Everybody: Boosting Residential Solar Financing with Crowdfunding Models in Thailand
On 26 November 2024, Climate Finance Network Thailand (CFNT) launched its second research report, “Here Comes Everybody: Boosting Residential Solar Financing with Crowdfunding Models in Thailand” highlighting innovative crowdfunding models as a pathway to accelerate residential solar financing in Thailand. The event also featured a dynamic panel discussion, Unshackling Solar in Thailand: Brainstorming direct experience […]