Thailand soon to launch carbon tax, Malaysia to follow next year

ASEAN governments see need for action as climate change risks grow

20250303N Thailand flood

The World Bank predicts that natural disasters will cause losses of $18 billion in the ASEAN region every 100 years. © Reuters

KOSUKE INOUE

BANGKOK -- Thailand, Malaysia and other Southeast Asian countries are moving to introduce carbon taxes in an effort to combat climate change and encourage domestic companies to decarbonize and increase their competitiveness.

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