Reference
·Supporting source
T-VER project type mix by methodology
Renewables ~52%
Thailand T-VER projects break down by methodology into renewable energy (solar, biomass, biogas) at roughly 52% of registered projects, energy efficiency (industrial heat recovery, lighting, motors) at ~22%, forestry and afforestation at ~12%, mangrove restoration and coastal blue-carbon at ~7%, methane capture (landfill, livestock, wastewater) at ~5%, and other categories at ~2%. The mix is shifting toward nature-based methodologies as corporate buyers pay premiums for forestry and mangrove credits over renewable-energy credits, mirroring the global VCM (voluntary carbon market) preference shift.
Figure in context
Thailand T-VER projects break down by methodology into renewable energy (solar, biomass, biogas) at roughly 52% of registered projects, energy efficiency (industrial heat recovery, lighting, motors) at ~22%, forestry and afforestation at ~12%, mangrove restoration and coastal blue-carbon at ~7%, methane capture (landfill, livestock, wastewater) at ~5%, and other categories at ~2%. The mix is shifting toward nature-based methodologies as corporate buyers pay premiums for forestry and mangrove credits over renewable-energy credits, mirroring the global VCM (voluntary carbon market) preference shift.
Interpretation notes
What this tells you
Thailand T-VER projects break down by methodology into renewable energy (solar, biomass, biogas) at roughly 52% of registered projects, energy efficiency (industrial heat recovery, lighting, motors) at ~22%, forestry and afforestation at ~12%, mangrove restoration and coastal blue-carbon at ~7%, methane capture (landfill, livestock, wastewater) at ~5%, and other categories at ~2%. The mix is shifting toward nature-based methodologies as corporate buyers pay premiums for forestry and mangrove credits over renewable-energy credits, mirroring the global VCM (voluntary carbon market) preference shift.
What not to do with it
Shares of T-VER registered project count, FY2024. Issuance-weighted mix tilts more heavily toward renewables (~65%) as those are larger per-project.
Related figures
Adjacent numbers that add context without drowning the value.
Thailand T-VER registered project count (2020-2024)
Thailand Greenhouse Gas Management Organization, T-VER Programme annual report, Ministry of Natural Resources and Environment
T-VER credit issuance volume (2020-2024)
Thailand Greenhouse Gas Management Organization, T-VER annual issuance reports, Carbon Markets Club disclosures
Thailand carbon services sector revenue (2020-2024)
TGO, industry estimates, BCPG/GULF/EA sustainability reports, Bureau Veritas / SGS / DNV Thailand disclosures
Average T-VER credit price (THB per tCO2e, 2020-2024)
Thailand Greenhouse Gas Management Organization, Carbon Markets Club, F&BS Thailand reports
Thai exporter EU CBAM Phase 2 cost exposure
European Commission CBAM technical guidance, Federation of Thai Industries, BOT, TGO impact modelling
Switzerland-Thailand Article 6.2 ITMO transaction
Swiss Federal Office for the Environment, KliK Foundation, TGO, Ministry of Natural Resources and Environment
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