Taiwan’s Ministry of Environment organized a carbon pricing workshop June 24-26 in Berlin to promote bilateral exchanges as the government strives to implement the country’s own cap and emissions trading system (ETS) on a trial basis in 2026.
According to the MOENV, the Taiwan side was represented by a delegation led by Environmental Minister Peng Chi-ming. The group comprised officials and representatives from entities such as the Ministry of Economic Affairs, Financial Supervisory Commission, Taiwan Carbon Solution Exchange, Taiwan Stock Exchange Corp. and Taiwan Green Growth Alliance.
During his opening remarks, Peng said Taiwan kicked off its carbon fee system this year. In contrast to systems that levy fixed rates, ETS can better reflect the actual carbon reduction costs incurred by industries, he said, adding that both President Lai Ching-te and Premier Cho Jung-tai support creating a domestic ETS as soon as possible.
To this end, the minister said the MOENV is working to enhance information sharing and communication with all parties of interest, adding that the workshop will also help related parties better understand global trends.
Peng also thanked the German Emissions Trading Authority and its partner organizations for collaborating with the MOENV in arranging the workshop. He expressed appreciation to Jürgen Landgrebe, former head of the German agency, for facilitating the signing of a memorandum between the two sides in 2018 on carbon pricing cooperation.
Landgrebe commended Taiwan for its comprehensive climate change policy, saying that he fully supports bilateral cooperation on related issues and hopes to see the two sides team up to develop regional carbon trading markets.
The three-day event featured speeches, presentations and discussion sessions that involved experts and representatives from the Federal Ministry for Economic Affairs and Energy of Germany, European Energy Exchange, International Carbon Action Partnership and Global Enabling Sustainability Initiatives, among others. (SFC-E)
Write to Taiwan Today at ttonline@mofa.gov.tw
According to the MOENV, the Taiwan side was represented by a delegation led by Environmental Minister Peng Chi-ming. The group comprised officials and representatives from entities such as the Ministry of Economic Affairs, Financial Supervisory Commission, Taiwan Carbon Solution Exchange, Taiwan Stock Exchange Corp. and Taiwan Green Growth Alliance.
During his opening remarks, Peng said Taiwan kicked off its carbon fee system this year. In contrast to systems that levy fixed rates, ETS can better reflect the actual carbon reduction costs incurred by industries, he said, adding that both President Lai Ching-te and Premier Cho Jung-tai support creating a domestic ETS as soon as possible.
To this end, the minister said the MOENV is working to enhance information sharing and communication with all parties of interest, adding that the workshop will also help related parties better understand global trends.
Peng also thanked the German Emissions Trading Authority and its partner organizations for collaborating with the MOENV in arranging the workshop. He expressed appreciation to Jürgen Landgrebe, former head of the German agency, for facilitating the signing of a memorandum between the two sides in 2018 on carbon pricing cooperation.
Landgrebe commended Taiwan for its comprehensive climate change policy, saying that he fully supports bilateral cooperation on related issues and hopes to see the two sides team up to develop regional carbon trading markets.
The three-day event featured speeches, presentations and discussion sessions that involved experts and representatives from the Federal Ministry for Economic Affairs and Energy of Germany, European Energy Exchange, International Carbon Action Partnership and Global Enabling Sustainability Initiatives, among others. (SFC-E)
Write to Taiwan Today at ttonline@mofa.gov.tw
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