The project of “Promoting Taiwan voluntary GHGs reduction in industry and verification“(the Project), while meeting the contracted objectives according to the commissioned project guideline, represents the accumulation of work stretching from the continuing policy development of domestic GHG accounting, registration, validation, verification and project reductions for industries since 2004 to 2013. The Project has successfully delivered the following outcomes: 1. To envisage the Taiwan voluntary GHG mitigation strategy The project has studied voluntary GHG mitigation objectives and approaches (including baseline setting, performance determination, simplification of additionality test and carried over of credit uses) in major countries such as the United States, Japan, United Kingdom, Korea and China mainland as future design references for Taiwan voluntary GHG mitigation policy. 2. To improve the mechanisms of the Early Action and the Offset Programs The Project has proposed recommendations and strategies for promoting the Early Action and the Offset Programs, credit uses, and modified designated emission intensities. 5 preliminary designated emission intensities in either products or manufacturing scope have been provided from the Project. 3. To assist program deliverance of the Early Action, Offset Programs and new methodologies The Project has in total received 190 Early Action projects, 18 Offset projects and 30 new methodologies applications, where 21 Early Action projects had passed preliminary assessment. 63 Early Action projects, 7 Offset projects and 7 new methodologies have completed the review process within this consecutive year. 4. To track the GHG reduction credit movement The Project has reviewed 32 applications for account opening with 7 accounts been officially opened. The Project also provides credit account reporting and supply-and-demand analysis periodically to track the movement of GHG reduction credits, ensuring a robust integrity of credit tracking and management. Currently, 16,035,198 tons CO2e of emission reduction credits have been issued. 5. To assist the management of accreditation body and validation/verification bodies The Project has completed reviewing process of 34 validation and verification bodies (V/VBs) qualification applications, 1 accreditation body (AB) performance inspection, 9 V/VBs performance assessments. In order to improve the quality of validation and verification, the Project has also completed the V/VBs performance assessment report, proposed verifiers management strategies by examining the current scheme of accreditation, validation and verification. In addition, the Project has revised the Verification Guidelines according to the latest practices. 6. To expand and upgrade for the GHGs Registry The Project has developed review progress monitoring subsystem, kept updating the contents and improved the security system of the GHG Registry.

Early Action;Offset Programs;validation/verification bodies