Supporting the Bank of Thailand to develop and publish policy guidelines on climate stress testing

← Back to main page
Crown Agents

Country: Thailand
Sector: Finance

Expert partners: Crown Agents Ltd

Enhancing the skills and capability of the Bank of Thailand to conduct climate stress testing.

This skill-share supported BoT to develop their knowledge on climate scenario analysis and stress testing, and engage related stakeholders to drive forward climate stress testing for commercial banks. The skill-share consisted of four workshops tailored to respond to the requests of the BoT encompassing the following themes: scenario analysis and stress testing; economic impact assessments / transmission channels, and financial impact assessments. The sessions developed the BoT’s understanding of the overall process of the climate scenario analysis as well as other qualitative tools or frameworks that are available.

 

   

 
 
               Counterpart: 
bank-of-thailand-600px-logo
 
 
 
 

 

 

Thailand — SS&S (2)

 

     Key facts

——

  • The Bank of Thailand is the central bank which supervises local financial institutions within Thailand, carrying out responsibilities such as issuing currency, promoting monetary stability and setting monetary policies.

  • The Bank of Thailand is at the forefront of promoting sustainable finance, and the low carbon transition more broadly in Thailand.

  • At an international level, the BoT is an active member of Network for Greening the Financial System (NGFS), which aims to scale up green finance, and the Association of Southeast Asian Nations (ASEAN), a union aimed to promote intergovernmental co-operation.

Key achievements

——
  • The skill-share raised awareness climate risk and models for personnel across the Bank of Thailand. This provided them with a good overview of all the climate and macro models that are currently available and different approaches to the scenario design process.
  • Further support included connecting the BoT to the Oxford Sustainable Finance Group (OSFG) at the University of Oxford, where BoT colleagues were given an opportunity to attend OSFG’s 8-week climate sustainable finance course.

About UK PACT

UK PACT (Partnering for Accelerated Climate Transitions) is a unique capacity-building programme. Jointly governed and funded by the UK Government’s Foreign, Commonwealth and Development Office (FCDO) and the Department for Energy Security and Net Zero (DESNZ) through the UK's International Climate Finance, it works in partnership with countries with high emissions reduction potential to support them to implement and increase their ambitions for tackling climate change.

 

EXPLORE

Quick Links

ukpact-navy-logo

© Copyright 2025     UK PACT Privacy Notice  Cookie Policy