Varawut Silapa-archa, Minister for Natural Resources and Environment, recently raised concerns about the effects of Covid-19 on natural resources and the environment at a virtual meeting with members of AMCHAM. The meeting was part of the 2022 Annual General Meeting of AMCHAM.
AMCHAM President, Jeff Nygaard of Seagate, welcomed the Minister and expressed appreciation for the opportunity to learn about the government’s strategies to achieve its goals on environmental protection and greenhouse gas reduction, as well as ideas on public-private collaborations to achieve the shared goal of sustainable economic growth.
During the meeting, he acknowledged the strong economic relationship that has existed between Thailand and the USA over the years. He also spoke out about the effects of Covid-19 on the environment, natural resources, and shared priorities on how Royal Thai Government plans on building back greener and more sustainable in the post-Covid-19 era.
Mr Varawut provided in-depth information on major principles such as “the sufficiency economy” and the five dimensions of the “Bio-Circular-Green” economic model or “BCG”, in particular, the key role of the 4R concept in reducing plastic waste pollution and the country’s vision to move towards sustainable plastic management through the concept of circular economy.
In addition, the minister presented information on legislation frameworks that are being put in place to tackle climate change; stakeholders’ participation at all levels through public-private partnership; innovation and technology development; and climate finance.
Before concluding his remarks Mr. Varawut It was stressed that it is vital for businesses to use their strengths in doing good business to implement concrete actions on environment.