The Securities and Exchange Commission (SEC) proposes to introduce regulatory requirements to support the issuance and offering of Transition Bonds and Thailand Amber Bonds, providing issuers with additional options for fundraising for investments in transition projects or amber activities* in line with the Thailand Taxonomy. This initiative is intended to facilitate positive impact, promote climate and environmental transition, align with international standards, and take into account Thailand’s national context. It also expands investment options in the capital market while maintaining an appropriate level of investor protection.

In addition, the SEC proposes to amend the regulatory framework to enhance the clarity and consistency of disclosure requirements for sustainability-related debt instruments across all categories, with a view to strengthening the credibility of such instruments.

Following the CMSB’s approval of the SEC’s proposed amendments at its meeting on 31 March 2026, the SEC will subsequently conduct a public hearing to seek comments from relevant stakeholders, interested parties, and the general public on the proposed regulatory framework.

Note:

* Activities that continue to generate greenhouse gas emissions but at levels determined in accordance with science-based principles, aligned with climate change mitigation targets under the Paris Agreement, as referenced in the Thailand Taxonomy.