<div><h4>Description</h4><p><p>The TA will strengthen the capacity of the Government of Thailand to integrate its new bio-circular-green (BCG) economy model into national development strategies. The TA will provide an integrated approach to capacity, policy, and investment pipeline strengthening, with activities including (i) BCG awareness building workshops; (ii) advisory support to strengthen BCG related policy and a regulatory frameworks; and (iii) technical support to develop sector specific innovative finance BCG concepts that can mobilize green finance from public and private sources such as commercial banks and capital markets. The TA will share lessons and experiences regionally to spur further replication of such concepts.</p><p>The TA is aligned with the Asian Development Bank (ADB) country partnership strategy for Thailand, 2021-2025, specifically objective 2 to support resilience and sustainability. It will focus on areas where ADB can add the most value, such as regional public goods, regional cooperation, climate change, urbanization, and gender and social inclusion issues. The TA is aligned with ADB's strategy 2030 and will support operational priority 1, addressing remaining poverty and reducing inequalities; operational priority 2, accelerating progress in gender equality; and operational priority 3, tackling climate change, building climate and disaster resilience and enhancing environmental sustainability. </p><p>The TA incorporates lessons learned from previous ADB assistance to Thailand, such as the importance of providing value-added knowledge and innovative finance to address complex development challenges that Thailand cannot resolve on its own.</p></p><h4>Impact</h4><p><p>Capacity of the Government of Thailand strengthened to integrate the new BCG economy model into national development strategies (13th National Economic and Social Development Plan, 20232027)</p></p></div>

Strengthening the Bio-Circular-Green Economy

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Strengthening the Bio-Circular-Green Economy: Technical Assistance Report

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