CLIMATE change is impacting the world at an unprecedented rate. The concentration of greenhouse gases in the atmosphere continues to rise, and global average temperatures have reached record highs. But it is not too late. If we act now, we can still achieve a livable and sustainable future. Taiwan is working with the international community toward the common goal of net-zero emissions. It is looking for opportunities to contribute its strengths in green and other technologies. With the world facing the threat of climate change and the challenge of supply chain restructuring, Taiwan is a reliable, secure and trustworthy partner.
This February, Taiwanese leader Tsai Ing-wen announced the enactment of the Climate Change Response Act, codifying the 2050 net-zero emissions goal into law. By elevating the net-zero target from a policy declaration to a legal requirement, Taiwan has demonstrated its determination to cut emissions. The government is setting up a carbon pricing mechanism and introducing financial incentives to guide businesses toward sustainable, low-carbon development. In 2022, Taiwan published its Pathway to Net-Zero Emissions in 2050 and announced 12 key strategies for net-zero transition. Based on the twin governance foundations of technology research and development and climate legislation, Taiwan is stepping up energy, industrial, lifestyle and social transition. The first phase (2023 to 2026) of the net-zero science and technology program will focus on five main development areas: sustainable and future-oriented energy sources, low-carbon and carbon reduction, negative carbon emissions, the circular economy, and humanities and social sciences. The program will promote net-zero technology research, development and applications.
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