Krung Thai recommends keeping an eye on the logistics sector to reduce greenhouse gas emissions in accordance with green logistics guidelines.

Krungthai COMPASS Research Center indicates that greenhouse gas reductions to solve climate change problems will intensify. Especially in the shipping industry (logistics), which is one of the target industries around the world that has given importance to reducing greenhouse gases. It is estimated that Thailand's adaptation to green logistics will create new investment from truck fuel modifications of hundreds of billions of baht per year.

Dr. Pacharapoj Nantharamas Executive Vice President and Chief Economist of Krung Thai Bank revealed that the transportation and logistics industry emits greenhouse gases in the proportion of approximately 20% of all industrial emissions in the world. After the electricity and heat production industries. After the General Assembly of the Parties to the United Nations Climate Change Convention (COP-27) in November 2565, reducing pollution from road transport has been more emphasized. This is reflected by being included in 5 industries that must have a framework to accelerate carbon reduction. One of the ways to reduce greenhouse gases in the transportation sector is Green logistics approach (Green Logistics)

“Green Logistics (Green Logistics) or the entire management process related to transporting goods that is environmentally friendly. It is considered an approach that is consistent with Thailand's Greenhouse Gas Reduction Action Plan 2564-2573 in the transportation sector. with a goal of reducing greenhouse gases totaling 41 MtCO2e, or approximately 55% of the average greenhouse gas emissions in the past 5 years (2560-2564), which is divided into 3 measures: 1) measures to change travel patterns (goals 23 MtCO2e) 2) Measures to increase the efficiency of energy use in transportation (8 MtCO2e) 3) Measures for using biofuels in vehicles (10 MtCO2e) We view that truck transport operators are the first group of operators that must have Dealing with pollution in order to achieve the set goals.”

Dr. Supree Srisamran Senior Analyst, Krungthai COMPASS Research Center, said that truck transport operators that has adapted to the Green Logistics approach in addition to meeting the trend of saving the world It can also help reduce transportation costs and reduce trade risks with trading partners that have more intense environmental measures. There are 3 approaches to reducing CO2: 1) Using biofuels such as biodiesel. This is the most convenient and lowest cost method. By switching to biofuel from B7 to B20 for approximately 6 9,500-wheel trucks/year or approximately 18 5,550-wheel trucks/year, it will help reduce CO2 emissions by 0.1 MtCO2 or 1% of the usage measure. Biofuels with a target of 10 MtCO2e 2) Using carbon capture technology There are still obstacles in using it in terms of size, price, and usability of the device. Therefore, we will have to wait for future improvements and 3) changing to use electric trucks (ZEV), which although currently still has a high price. But it is estimated that the net benefits from using ZEV trucks will be able to compensate for the difference in price and operating costs between ZEVs and internal combustion engine (ICE) trucks within three to four years and beyond. Supporting the use of ZEV trucks on average approximately 3 thousand vehicles per year from the number of new registered trucks estimated at approximately 4-3.76 thousand vehicles per year from now until 5.1 will cause CO6.6 emissions in 2573 to be reduced by approximately 2 MtCO2573e or About half of the CO5 reduction target is achieved through measures to use biofuels.

Sukonthip Chaisayan Analyst, Krungthai COMPASS Research Center, added that Appropriate guidelines and technology for such truck transport operators In addition to helping reduce carbon dioxide emissions in the transportation sector, It also creates business opportunities for related industries. By switching to biofuel from B7 to B20 for approximately 6 9,500-wheel trucks/year or approximately 18 5,550-wheel trucks/year, it will help support the supply of palm oil in the country used to produce biodiesel. An increase of approximately 37 million liters/year, equivalent to a value of more than 1.7 billion baht/year. Meanwhile, the shift to approximately 3.76 thousand electric trucks/year will cause the cumulative electric truck market value between 2565-2573 to reach 1.3 trillion baht, an average of approximately 1.44 billion baht/year. In addition, the government sector and operators The private sector can use this opportunity to further make Thailand a center for producing electric trucks and parts. Important in the ASEAN region which will create employment income distribution and sustainable economic growth in the future