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Taiwan

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These measures set out the information that the applicants should upload to a designated portal to apply for a carbon footprint label, and the methods to determine whether the product can qualify for said label.

Taiwan’s Comprehensive Carbon Reduction Action Plan focuses on six major sectors through flagship carbon reduction projects to intensify reduction efforts. The Plan also proposes sectoral self-driven carbon reduction plans, continuously adjusting strategies as needed. The Plan incorporates six mechanisms—technological innovation, financial support, carbon pricing, regulatory adaptation, green collar talent, and community-driven initiatives—to integrate carbon reduction efforts across sectors.
The goal is to achieve four major transition visions: a more diversified energy transition, a more innovative industrial transition, a lower-carbon lifestyle transition, and a more resilient social transition. The Plan also aims to reduce air pollution, enhance energy independence, drive private investment, and cultivate green-collar talent, further accelerating green growth and improving societal well-being.

These Regulations set out which companies will be subject to carbon fees. Companies that produce greenhouse gases of above 25,000 metric tons of carbon dioxide equivalent will be subject to carbon fees. There is also a coefficient applied to the calculation of carbon fees, with businesses at a higher risk of carbon leakage being subject to a higher coefficient and hence higher carbon fees.

These Regulations apply to businesses that submit a reduction plan for greenhouse gas emissions, subject to audits by the authorities, in order to receive a preferential rate for carbon fees. The plans could include changing to low-carbon energy sources; improving energy efficiency; utilising renewable resources; and carbon capture, storage and utilisation.

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