Bangkok 18 Aug- Government Savings Bank together with Mae Fah Luang Foundation and a network of 14 leading organizations aiming to conserve forests parallel to community development

Mr. Withai Rattanakorn, President of the Government Savings Bank Show intention to preserve natural resources with the Carbon Credit Management Project in the Forest for Sustainable Development organized by the Mae Fah Luang Foundation. under the royal patronage Together with governments, communities and 14 leading private organizations to drive community development through carbon credit management, which will be an important mechanism to meet sustainability. Set a goal for the community to be able to take care of the forest and take care of themselves at the same time. “Private sector policy on environment and sustainable development” at C asean Convention Center, CW Tower on August 17, 2023.

The Government Savings Bank has the concept of integrating the mission of the social bank into various projects that can conserve the environment more according to the ESG in ACTION plan by increasing the weight of the environmental mission. In addition to emphasizing social responsibility which is the Bank’s main role. This concept is in line with the objectives of the Forest Carbon Credit Management Program for Sustainable Development. The project focuses on the conservation of forest areas together with the community. Household members in the community are encouraged to take care of and use the community forest that is the project area in an orderly way. To be able to preserve forests that are important natural carbon sinks. While the community also benefits from the forest as another source of income. The Government Savings Bank will bring the potential in community and social development work. to integrate with the expertise of the Mae Fah Luang Foundation and cooperation of leading private sector organizations

Source: Thai News Agency