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Experts want Thailand to pursue a more inclusive BCG model for development

Experts want Thailand to pursue a more inclusive BCG model for development

15 Sept 11:42 Key points summarised by AI
  • Thailand champions its Bio-Circular-Green (BCG) Economy Model as the "Bangkok Goals 2022" at the APEC summit, aiming for balanced, sustainable, and inclusive regional development across climate, trade, biodiversity, and waste management.
  • Experts criticize the BCG model's inclusivity, arguing it primarily benefits large corporations and state agencies, potentially serving as "greenwashing" without addressing the root causes of environmental issues or benefiting ordinary citizens and vulnerable groups.
  • Geopolitical tensions, particularly regarding the Ukraine war, overshadow the APEC summit, preventing a joint statement and leading to the absence of key leaders, while also highlighting divisions between developed and developing economies on environmental protection measures.
  • Anti-government protesters are demonstrating, demanding APEC leaders address critical issues like human rights, democratization, and the perceived monopolies of big conglomerates, underscoring public dissatisfaction with the current economic framework.
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