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policy instrument · 2025
Land tax exemption for mangrove forests
Jurisdiction countryThailand
Instrument typetax-credit
Authoritygovernment
PathwaysBlue carbon
Scopecarbon removal only
Statuslegislated
DetailThailand amended tax laws to exempt land taxes on green areas, such as mangrove forests, starting in 2025. Initiative aims to accelerate the goal of restoring 80,000 hectares of mangrove forests by 2031.
Stated statuslegislated
Pathway scopespecific
Pathway notetax exemption targets mangrove forest restoration for blue carbon credits
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