The Government of Thailand and the Government of Switzerland have partnered to launch the Bangkok E-Bus Programme under which 2,000 electric buses will be deployed in the Bangkok Metropolitan Area. The vehicles are expected to reduce 500,000 tonnes of carbon dioxide emissions by 2030.

The partnership between the two countries will create a carbon emissions trading arrangement whereby Switzerland-based KliK Foundation will purchase the carbon reductions generated by Thailand-based Energy Absolute from the Bangkok E-Bus Programme. The carbon credits earned will enable Energy Absolute to generate sufficient climate finance to replace the diesel buses with electric buses and deploy a city-wide network of electric charging infrastructure.