The CTCN and its Consortium partners, the National Renewable Energy Laboratory (NREL) and The Energy and Resources Institute (TERI), prepared a GCF Readiness proposal to facilitate the achievement of national targets for the building sector as defined in Thailand’s 2015 Energy Efficiency Plan and its NDC. According to Thailand’s NDC Road Map, 113 million of the 116 million tonnes of GHG emission reductions to be reduced by 2030 should be achieved through energy efficiency and renewable energy. Achieving emissions reductions in the building sector is imperative to meeting these national targets. The national Building Energy Code (BEC) from 2009 mandated minimum energy standards for new buildings, but authorities had been unable to compel the construction industry, project developers and investors to adopt these standards due to a lack of guidance on relevant cost-efficient technologies. The readiness proposal determined the share of buildings included in the total mitigation potential toward the NDC, developed a financial methodology to assess the implementation potential of technologies to enhance energy efficiency, conducted an institutional assessment of current enforcement mechanisms, and mapped the responsible government agencies.
The readiness proposal was approved in 2019 with the CTCN as the delivery partner. The International Institute for Energy Conservation is the implementing partner leading on the development of energy consumption benchmarks for selected building types under the BEC and proposing a techno-financial assessment of building technologies that reduce emissions and meet energy efficiency targets. These results can be shared with developers, architects, and investors to help inform investment decisions in the building sector, laying the foundation to support market transformation, workforce development, and sustainable development in Thailand.
This technology assistance advances:
Thailand’s Nationally Determined Contribution To reduce GHG emissions by 20% from BAU by 2030 in line with the Energy Efficiency Plan, which aims to reduce the country’s energy intensity by 30% below the 2010 level in 2036. This will require a 7% emissions reduction from the energy and transport sectors by 2020 relative to the 2005 baseline, a substantial share of which is expected to come from energy efficiency measures in the building energy sector.
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