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Establishment of international linkage mechanism in carbon management and the promotion of early assessments

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According to the report of World Bank Group, there are 39 national and 23 subnational jurisdictions have already put prices on carbon through taxing and emission trading mechanisms, approximately cover 7 GtCO2e (about 12 percent) of the annual global GHG emissions. In Taiwan, the Greenhouse Gas Reduction and Management Act have entered into force since July 1st 2015, and the “Cap and Trade” scheme is expected to be implemented in the near future. As the supporting mechanisms being scheduled, the goal of this project aims to lay a foundation to the Cap and Trade in Taiwan by establishing bilateral and multilateral international interactions. Tasks of this project have been completed shown as below: (1) Analysis of international GHG reduction and carbon management trend, and establish international cooperation strategies under the scheme of Kyoto Protocol to proposing bilateral and multilateral international collaboration strategies for Taiwan’s GHG management to deepen post-Paris development research. (2) Researching on the management of overseas emissions credits and its related measures; establishing communication platform with 7 related international organizations and proposing collaboration plan; Organizing Taiwan-Germany ETS dialogue on July 13th 2016 to design the collaboration document on GHGs reductions and credit management mechanism. (3) Analysis of the mechanism of establishing and managing NGOs in 6 countries, including Australia, Germany, Guam, Singapore, Sweden, and Japan; analysis of the opportunities and feasibility of Taiwan forming regional collaborations with 5 key countries (Thailand, Vietnam, Korea, Japan, and the Philippines) through holding “2016 Regional Carbon Market Capacity Building Workshop: Business Roundtable Dialogue” on July 14th 2016, and “Asia Dialogue on Carbon Trading & Measures for carbon emission reduction” on December 13th and 14th 2016. (4) Assisting EPA to organize the study program to Germany by dispatching 4 representatives along with EPA experts and other consultant teams to attend the “Emission Trading Scheme: Capacity Building” training course in Berlin” from May 16th to 26th, 2017.
Keyword
Greenhouse Gas Reduction, International Collaboration
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