President Tsai Ing-wen said March 21 that the government is committed to working with academics and businesses to achieve net-zero carbon emissions by 2050.
The government has been aggressively implementing energy transition plans since 2016, Tsai said. Further efforts will be made through public-private collaboration to fast-track progress toward the net-zero goal, she added.
Tsai made the remarks during an event discussing how to boost Taiwan’s sustainable development via environmental, social, and governance measures staged by capital-based Business Today magazine in Taipei City.
According to Tsai, the government is leaving no stone unturned in conducting research on green and hydrogen energy while accelerating the country’s export-oriented industrial transformation.
These efforts are complemented by the adoption of low-carbon emission methods during construction of public facilities and transportation networks, Tsai said. She also stressed the importance of ensuring citizen participation and maintaining good communication with the public.
In addition, the president said that a more detailed plan will be issued by the Cabinet-level National Development Council by the end of March and lauded the Financial Supervisory Commission’s ongoing efforts to promote green finance. The government will continue working with the private sector to implement ESG measures while overcoming challenges in hitting net-zero targets, she added. (YCH-E)
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