1 AIT Asian Institute of Technology

Financing low-carbon urban transport for sustainable urban development in Bangkok, Thailand

AuthorGanjanapetch Tipakornkiat
Call NumberAIT RSPR no.UE-24-01
Subject(s)Urban transportation--Economic aspects--Thailand--Bangkok
Sustainable urban development--Economic aspects--Thailand--Bangkok
NoteA research study submitted in partial fulfillment of the requirements for the degree of Master of Science in Urban Environmental Management
PublisherAsian Institute of Technology
AbstractBangkok faces significant environmental challenges, including air pollution exacerbated by rapid urbanization, population growth, and increasing motorization. Low-carbon transport initiatives are crucial for reducing pollution but require significant investment. The study evaluates the feasibility and effectiveness of financing mechanisms for low-carbon urban transport initiatives in Bangkok's transportation sector, aiming to achieve sustainable urban development goals. A mixed methods approach is utilized in the study, combining quantitative analysis for cost effectiveness and financial feasibility with qualitative exploration of funding sources and instruments. The findings of this study underscore the potential benefits of low-carbon transport initiatives, highlighting their complexity and interplay with cost-effectiveness, carbon reduction potential, and broader sustainability impacts. Initiatives like congestion pricing, categorized as 'Avoid, 'offer immediate emissions reductions, but attention must be paid to equity implications. 'Shift' strategies, such as mass rapid transit, demonstrate clear carbon reduction potential but require careful financial assessment. 'Improve' strategies, alternative fuel buses offer positive financial and economic perspectives. Blended finances are recommended to ensure long-term sustainability. The study underscores the importance of a diversified financing approach tailored to Bangkok's context and project goals to overcome financial constraints effectively. Overall, the research contributes academically by deepening the understanding of project-financing dynamics in low-carbon urban transport and offers practical insights for policymakers navigating fiscal challenges in sustainable transportation infrastructure development.
Year2024
TypeResearch Study Project Report (RSPR)
SchoolSchool of Environment, Resources, and Development
DepartmentDepartment of Development and Sustainability (DDS)
Academic Program/FoSUrban Environmental and Management (UE)
Chairperson(s)Vilas Nitivattananon
Examination Committee(s)Nguyen, Thi Kim Oanh;Venkatesh, Sundar
Scholarship Donor(s)Royal Thai Government Fellowship
DegreeResearch Studies Project Report (M. Sc.) - Asian Institute of Technology, 2024


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