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Thailand: Partnership for Market Readiness (PMR)

Development Objective

The project development objective is to provide selected technical and analytical support to Thailand that informs policydecisions to develop readiness of market-based instruments to reduce greenhouse gas (GHG) emissions in Thailand.

Key Details

Project Details

  • P128965

  • Closed

  • Waraporn Hirunwatsiri

  • Ministry of Finance

  • Thailand

  • December 19, 2014

  • (as of board presentation)

    August 31, 2015

  • March 5, 2013

  • US$ 5.79 million

  • Thailand Greenhouse Gas Management Organization (Public Organization)

  • East Asia and Pacific

  • 2016

  • US$ 3.00 million

  • B

  • July 16, 2024

  • December 31, 2019

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 2.79
Partnership for Market Readiness 3.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount 3.00
Total Project Cost** 5.79

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Implementation Progress (IP) Satisfactory 2019-06-17
Progress towards achievement of PDO Satisfactory 2019-06-17
Overall Moderable 2019-06-17

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 09-30-2020
OutcomesHighly Satisfactory
Risk to Development Outcome
Bank PerformanceHighly Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Submission of 2 core Energy Performance Certificate readiness components (target setting methodogy and Monitoring, Reporting and Verification system) for DEDE's policy considerationValue0.002.002.00
    DateAugust 31, 2015December 31, 2019March 14, 2019
    Comment
  • Local GHG Abatement Plans for 24 cities submitted to city management to inform city's priority abatement projectsValue0.0024.0025.00
    DateAugust 31, 2015December 31, 2019November 18, 2019
    Comment
  • Submission of the legal framework recommendations to establish emission trading scheme for TGO Board's considerationValueNoYesYes
    DateAugust 31, 2015December 31, 2019March 14, 2019
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Assessment of the designated factories and buildings energy management and specific energy consumption for 11 sectors updatedValueNoYesYes
    DateAugust 31, 2015December 31, 2019February 28, 2019
    Comment
  • Energy data of selected designated factories and buildings verifiedValueNoYesYes
    DateAugust 31, 2015December 31, 2019January 30, 2019
    Comment
  • Legal framework for Energy Performance Certificate (EPC) scheme recommendedValueNoYesYes
    DateAugust 31, 2015December 31, 2019June 30, 2019
    Comment
  • Pricing mechanism for Energy Performance Certificate unit recommendedValueNoYesYes
    DateAugust 31, 2015December 31, 2019April 30, 2019
    Comment
  • Local GHG Abadement Guidelines developedValueNoYesYes
    DateAugust 31, 2015December 31, 2019March 14, 2019
    Comment
  • Pricing mechanism for Low Carbon City unit and incentives for buyers recommendedValueNoYesYes
    DateAugust 31, 2015December 31, 2019April 30, 2019
    Comment
  • Legal framework to establish Emission Trading Scheme recommendedValueNoYesYes
    DateAugust 31, 2015December 31, 2019February 28, 2019
    Comment