Taiwan’s carbon fee system was recently recognized by the U.K. Carbon Border Adjustment Mechanism, a positive development that will help local firms maintain their global competitiveness.
According to the Ministry of Environment, Taiwan is among 16 countries, alongside Australia, Canada, Japan, South Korea, Singapore and Switzerland, on the CBAM’s current list of qualifying carbon pricing schemes published Aug. 27 by the U.K. HM Revenue and Customs.
Announced in late 2023 and set to take effect in 2027, the CBAM aims to ensure that highly traded carbon-intensive goods from outside the U.K. face a comparable carbon price to that paid by local manufacturers, with carbon price relief applicable to imports that have already been subject to carbon prices at origin.
The MOENV said during the three-year period, it had worked with the Ministry of Economic Affairs and Executive Yuan’s Office of Trade Negotiations to proactively discuss technical and policy issues with the U.K, adding that it also brought the British government up to speed on Taiwan’s system, which was launched in 2025 in line with the Climate Change Response Act.
The CBAM listing represents a strong global acknowledgement of Taiwan’s encouragement of low-carbon manufacturing and efforts to enhance energy efficiency and reduce emissions, the MOENV said. The ministry added that it will continue to observe related developments to assist local firms adapting to CBAM measures and ensure practices comply with global standards. (SFC-E)
Write to Taiwan Today at ttonline@mofa.gov.tw
According to the Ministry of Environment, Taiwan is among 16 countries, alongside Australia, Canada, Japan, South Korea, Singapore and Switzerland, on the CBAM’s current list of qualifying carbon pricing schemes published Aug. 27 by the U.K. HM Revenue and Customs.
Announced in late 2023 and set to take effect in 2027, the CBAM aims to ensure that highly traded carbon-intensive goods from outside the U.K. face a comparable carbon price to that paid by local manufacturers, with carbon price relief applicable to imports that have already been subject to carbon prices at origin.
The MOENV said during the three-year period, it had worked with the Ministry of Economic Affairs and Executive Yuan’s Office of Trade Negotiations to proactively discuss technical and policy issues with the U.K, adding that it also brought the British government up to speed on Taiwan’s system, which was launched in 2025 in line with the Climate Change Response Act.
The CBAM listing represents a strong global acknowledgement of Taiwan’s encouragement of low-carbon manufacturing and efforts to enhance energy efficiency and reduce emissions, the MOENV said. The ministry added that it will continue to observe related developments to assist local firms adapting to CBAM measures and ensure practices comply with global standards. (SFC-E)
Write to Taiwan Today at ttonline@mofa.gov.tw
from Taiwan Today – Top News