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"Tree bank” to be proposed to Cabinet meet in Chumporn

"Tree bank” to be proposed to Cabinet meet in Chumporn

23 Sept 06:08 Key points summarised by AI
  • Thailand's government proposes a "tree bank" to provide affordable, quality saplings of precious trees for private cultivation, complementing a policy change to allow growing these previously prohibited species.
  • The Bank of Agriculture and Agricultural Cooperatives (BAAC) is preparing to accept precious trees as loan collateral, aiming to provide financial support for low-income earners.
  • PM's Office Minister Kobsak Pootrakool is overseeing the development of this initiative, which includes safeguarding measures like DNA sampling to prevent illegal tree substitutions.
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