Trade4go Summary
Natural disasters cost Thailand more than THB100 billion in 2024, highlighting the need to invest in climate data, early warnings and local adaptation.
Original content
Why are goods expensive these days, vegetables easily bruised and the seasons so unpredictable? These changes are warning signs that the “global boiling crisis” is quietly eating into household budgets and affecting the food on our plates. It is time to recognise that this is a national challenge close to home, requiring a smart, collective response before it is too late. Many people remain unaware of the vast sums being lost as natural disasters take a heavy toll on Thailand’s economy and society. Phirun Saiyasitpanich, director-general of the Department of Climate Change and Environment, said Thailand faced high risks from climate change, including flooding, drought, heavy rain, storms, rising sea temperatures and El Niño-related variability. These could have widespread effects on the economy and society. “Thailand suffered losses of more than THB100 billion from natural disasters in 2024, equivalent to 0.57% of gross domestic product (GDP). Climate change and natural disasters ...