Responding to carbon reduction trends and government policies while promoting green energy projects, Citibank Taiwan Ltd (花旗台灣) yesterday teamed up with Sunnyfounder (陽光伏特家) and Taiwan Green Energy for Charity Association (台灣綠能公益發展協會) to launch the first charitable carbon credit program in Taiwan. The joint efforts reflect the nation’s transition to net zero carbon emissions and serve as an innovative environment, social and governance (ESG) approach for enterprises to pursue carbon trading.
The announcement came as the National Development Council in March unveiled the government’s roadmap for achieving net zero carbon emissions by 2050 and 12 key strategies for achieving that goal. Yesterday,
A carbon-credit trading platform to encourage people to replace aging scooters with electric ones is to start on Friday next week, the Environmental Protection Administration (EPA) said yesterday.
The scheme rewards people with one carbon credit certificate and NT$2,000 for each electric motorbike they purchase to replace a conventional scooter that is 14 years or older. The credits can be traded on dedicated platforms and yield annual dividends.
Institutions and government agencies are purchasing the certificates for different amounts, with the Hsinchu Science Park Administration offering NT$1,500 per certificate and the Hsinchu County Environmental Protection Bureau offering NT$2,000 per certificate, the EPA