World Bank Group, Thailand's State Enterprise Policy Office, and Kasikornbank Foundation signed an MOU to develop Natural Capital Accounting (NCA) with Nan province as a pilot area. NCA will quantify the economic value of forests, watersheds, and ecosystems to inform long-term policy and investment decisions. The initiative aligns with Thailand's 14th National Economic Plan and targets SMEs in agriculture, healthcare, and tourism that depend on natural resources—critical for attracting investment and ensuring sustainable growth.
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