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.
ASEAN governments see need for action as climate change risks grow
The World Bank predicts that natural disasters will cause losses of $18 billion in the ASEAN region every 100 years. © Reuters
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.