Thailand: RAOT – World Bank collaborates to build system, elevates sustainable rubber development

Source: bangkokbiznews.com Thailand is the world's largest producer of natural rubber, with production in 2024 reaching approximately 4,789 million tons, a slight decrease from the 4,810 million tons in 2023, equivalent to a 0.43% decrease year-on-year. This data highlights Thailand's pivotal role in the global natural rubber value chain. In the context of increasingly stringent oversight of rubber production according to international sustainability standards, the establishment and operation of a globally compliant management and traceability system is seen as an essential requirement. Mr. Ditthadet Wattanaporn, Deputy Director in charge of operations of the Rubber Authority of Thailand (RAOT), welcomed Mr. Marc Peter Sadler, Regional Director for Environment and Climate Change of the World Bank, to discuss the possibility of collaboration within the framework of the "Latex Traceability Pilot" project. The project aims to enhance the transparency of the supply chain, strengthen ...