![SEC in separate discussions with ADB and UNDP to explore strategies for promoting sustainable finance and enhancing cooperation to build sustainability within the capital market in line with SDGs](/img/files/20240201/iq51eabfbad27110d41ebe3af44a91a204.jpg)
SEC convenes a meeting with ADB senior executives
On 25 January 2024, Mrs. Pornanong Budsaratragoon, SEC Secretary-General, and the Management Team, convened a meeting with senior executives from the Asian Development Bank (ADB), led by Mr. Winfried Wicklein, Director General, Southeast Asia Department, and Mr. Anouj Mehta, Country Director, Thailand Resident Mission, to discuss potential guidelines for developing sustainable finance initiatives in Thailand, and the pivotal roles of the capital market in addressing social and environmental challenges. During the meeting, both parties exchanged views on sustainable development of the financial market, and future collaborations for driving sustainable finance in the Thai capital market. For example, promoting the fundraising of state agencies, local organizations and small businesses through sustainability-driven financial tools and innovations, sharing knowledge on definition and categorization of economic activities with sustainability considerations (Taxonomy), and disclosure of sustainability information in accordance with international standards to support the SEC in supervising, developing and driving a sustainable economy in line with the SEC policy.
SEC convenes a meeting with UNDP Thailand
On 26 January 2024, Mrs. Pornanong Budsaratragoon, SEC Secretary-General, and the Management Team held a meeting with Mr. Renaud Meyer, Resident Representative UNDP Thailand, and Ms. Irina Goryunova, Deputy Resident Representative UNDP Thailand, along with the UNDP team to explore potential collaboration between UNDP and the SEC, demonstrating a shared commitment to advancing sustainability in the Thai capital market in alignment with the UN Sustainable Development Goals (SDGs). During the meeting, the SEC's key action plans were discussed, which included the introduction of innovative financial tools to promote sustainable business. Initiatives such as Thai ESG Fund, ICO and Crowdfunding were highlighted, aiming to give investors and businesses of all sizes access to sustainable investment and funding - a key mechanism for advancing sustainable development.
In addition, both parties discussed the progress of the SDGs Resource Center Website Project. This is one of the key collaborative efforts to develop a sustainable capital market towards achieving the UN SDGs. The meeting took place at the SEC Building.