Thailand Faces Urgent Need for Agricultural and Energy Reforms
The National Economic and Social Development Council is urging Thailand to reform its agriculture and transition its energy sector. At a recent meeting, Witsanu Attavanich highlighted the impacts of geopolitical tensions and climate change on the country's food and energy security. Projections indicate significant declines in crop yields and threats to export competitiveness.
The National Economic and Social Development Council (NESDC) emphasizes the urgency of reforming Thailand's agricultural sector and energy transition.
At the 2024 annual meeting, Witsanu Attavanich outlined the dual challenge of global geopolitical instability and climate change impacting Thailand's food and energy security.
He pointed to risks such as declining agricultural productivity due to climate variability and competitiveness threats from low-carbon product demand influenced by the Paris Climate Agreement.
The impacts of events like Typhoon Yagi exemplify Thailand's vulnerability.
Research forecasts a 10-14% drop in rice and durian yields by 2050 due to these factors.