Training on “ETS Design and Implementation for Thailand”

A 4-day training course co-organised by the International Carbon Action Partnership (ICAP), Thammasat University, and United Nations Institute for Training and Research (UNITAR) under the UN Partnership for Action on Green Economy (PAGE)

12 – 15 May 2026
The Sukosol Hotel, Bangkok

Background

Thailand is entering a decisive decade for climate action. In its recently communicated Nationally Determined Contribution (NDC) 3.0, the country committed to reducing its net greenhouse gas (GHG) emissions by 47% by 2035 compared to 2019 levels. This target aligns with the 1.5 degree pathway and the country’s long-term goals to achieve net-zero GHG emissions by 2050, which are central to Thailand’s green, inclusive and sustainable development vision.

 The National Strategy (2018-2037) highlights the country’s aim of becoming “a developed country with security, prosperity and sustainability,” while the 13th National Economic and Social Development Plan (2023-2027) prioritises achieving a high-value eco-friendly economy. To support the achievement of its vision, Thailand has committed to establishing a domestic carbon pricing mechanism – including a compulsory Emissions Trading Scheme (ETS).

A well-designed ETS system could help the country meet its climate mitigation commitments, ensure compliance with new external measures such as the EU’s Cross Border Adjustment Mechanism (EU-CBAM, which will be fully enforced from 2026) and strengthen the country’s industrial competitiveness. However, designing and implementing an ETS requires a strong technical understanding of how ETS systems operate – and policymakers must address questions such as:

  • How to set an emissions cap and allocate allowances fairly
  • How to regulate trading markets effectively and ensure price stability
  • What readiness steps and institutional arrangements are essential for successful ETS implementation
  • How distributional impacts are addressed to ensure an ETS is designed and implemented in a fair and inclusive way

ETS Design and Implementation for Thailand

In view of the government’s commitment to establish a domestic ETS, ICAP, Thammasat University, and UNITAR are jointly delivering a 4-day intensive training programme on ETS design and implementation.

The course equips policymakers and practitioners with the knowledge and practical tools required to develop a domestic ETS in Thailand, combining:

  • Technical expertise from ICAP and international practitioners
  • National insights from Thammasat University and PAGE partners
  • Opportunities for hands-on learning through carbon simulations and interactive exercises


Over the 4 days, participants will engage directly with real-world experiences from countries that have already designed and implemented ETS systems – and to apply these to the Thai context.

Target Audience

The training course is designed for mid- to senior-level civil servants engaged in the design of a domestic ETS in Thailand, as well as practitioners responsible for its implementation.

Learning Objectives

The training course is designed to build participants’ capacity to design and implement an Emission Trading Scheme (ETS) in Thailand – providing a structured introduction to the key concepts, technical design features, market dynamics, and implementation considerations that underpin effective ETS systems.

By the end of the training, participants are able to:

  • Explain the role of an ETS in achieving Thailand’s climate objectives and supporting its transition to a competitive, low-carbon economy
  • Describe the core design features of an ETS, including scope, cap-setting, allocation mechanisms, and monitoring, reporting, and verification (MRV) systems
  • Explain how ETS markets function, including trading dynamics, price formation, and the roles of key actors
  • Discuss key institutional, regulatory, and political economy considerations for successful ETS implementation
  • Outline a potential pathway and key action points for designing and implementing a domestic ETS in Thailand

Methodology

The course supports an interactive and applied learning approach. Each session combines theory and practice, in which expert inputs are complemented with opportunities for reflection, discussion, and application. Participants have opportunities to learn through: 

  • Expert-led presentations
  • Case studies from international ETS systems
  • Interactive group discussions and peer exchange
  • Carbon market simulation exercises
  • Online resources and reading materials

Course Structure

The 4-day training course is structured as follows:

Day 1: Setting the ETS Scene in Thailand

On Day 1, participants are introduced to the concept of emissions trading in the Thai context. Sessions explore what the current ETS state-of-play is in Thailand, how a domestic system might help achieve Thailand’s climate and developmental objectives, and the potential socio-economic impacts ETS systems can carry. They consider the positioning of a domestic ETS within the rapidly evolving global carbon market landscape, and draw on international experience to identify key lessons, success factors, and common challenges in ETS development.

By the end of Day 1, participants are able to:

  • Discuss the role of a domestic ETS in achieving Thailand’s climate and developmental objectives
  • Discuss potential socio-economic outcomes from a domestic ETS and how these can be addressed
  • List key lessons, success factors, and challenges from international ETS experience

Day 2 moves from concept to design, introducing participants to the core technical building blocks that underpin an effective ETS – including scope and coverage, cap-setting, allocation methods, and monitoring, reporting, and verification (MRV) systems. Sessions draw on the lessons and experiences of countries in designing these elements in practice, and explore how they can be adapted to reflect Thailand’s national priorities – highlighting how design choices influence the system’s effectiveness, credibility, and overall performance.

By the end of Day 2, participants are able to:

  • Describe the core components of ETS design, including scope, cap-setting, and allocation methods
  • Explain the role of MRV systems in ensuring transparency, credibility, and compliance
  • Explain how key design choices can influence system effectiveness and stakeholder outcomes

Day 3 focuses on how ETS markets function in practice. Sessions introduce participants to key concepts such as market oversight, secondary markets, and price stability mechanisms, and examine how these can be applied in the Thai context – including the roles that different public and private sector actors play. Participants also engage in a carbon market simulation game, experiencing firsthand how market dynamics respond to policy design choices and gaining practical insights into trading behaviour and risk management.

 By the end of Day 3, participants are able to:

  • Explain how ETS markets function and the roles different actors play within them
  • Describe key market mechanisms, including trading systems, price formation, and stability tools
  • Explain how market dynamics respond to policy design choices, drawing on insights from simulation exercises

Day 4 brings the focus to implementation and real-world application. Participants explore the institutional, political, and operational challenges of implementing an ETS, and how these can be addressed – including through stakeholder engagement, policy sequencing, and effective governance arrangements. Sessions also examine how a Thai system can align with international carbon markets, and conclude by reflecting on Thailand’s pathway forward – identifying strategic priorities and practical next steps for advancing a national ETS.

By the end of Day 4, participants are able to:

  • Discuss key institutional and political economy considerations for ETS implementation in Thailand
  • Identify approaches to stakeholder engagement, policy sequencing, and governance mechanisms that can support effective ETS implementation
  • Identify opportunities for aligning a Thai ETS with international carbon markets

Course Materials

Course Content

ETS Design and Implementation for Thailand

16 Videos