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Krungthai, PTT and DCCE Back I-SPARK to Draw Private Capital to Low-Carbon Industry

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Krungthai, PTT and DCCE Back I-SPARK to Draw Private Capital to Low-Carbon Industry

The three-way partnership aims to prepare Map Ta Phut–Rayong projects for private investment, with a possible link to World Bank-backed carbon finance.

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Summary

Krungthai Bank , PTT Public Company Limited (PTT) and the Department of Climate Change and Environment (DCCE) have announced a collaboration to advance I-SPARK , a PTT-led initiative to decarbonise industrial investment. It aims to prepare low-carbon projects in the Map Ta Phut–Rayong area for private-sector investment, strengthen energy security and improve Thailand's competitiveness.

The announcement was made at a collaborative event between the Thai government, the World Bank Group and the Thai private sector, held during the 2026 IMF–World Bank Group Annual Meetings.

Read full article at Nation Thailand →