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Financial mechanism analysation and public engagement planning in response to climate change

Absrtact
United Nations Framework Convention on Climate Change was established in 1992 to provide a platform for cooperation on climate change. According to the previous experience in the international greenhouse gas emissions reductions, countries and institutions that were successful, contain financial mechanism in their policy structure. Therefore, in the year 2020 that the Paris Agreement is implemented, the 26th UNFCCC Conference of the Parties selected "finance" as the topic, emphasised the importance of climate finance. Global Climate action could bring significant impact on industries and lifestyle if it fails to success the social might rebound. Hence, to achieve transitional justice in the process of social transformation is also a crucial issue. In addition, climate action includes promotion on regulation, system, policy, etc., which requires a high level of public communication. Recently, various countries have carried out public engagement in climate policy that allowed us to learn from their lessons. Taiwan has passed the "Greenhouse Gas Reduction and Management Law (hereinafter referred to as "the law")". Under this regulation, the greenhouse gas fund (hereinafter referred to as" the fund"), carbon trade etc. as the financial mechanism. This report will collect the latest international climate funds information includes income, usage and supporting measures to improve the economic incentive and implementation benefit of the fund. Furthermore, recently Taiwan is promoting Phase II Goals for Greenhouse Gas Emission Control and executing public participation following the law. In the future, related climate policy issues that people concern could be conducted into public participation to strengthen communication, consensus and partnership between public and government. This could allow the entire society to review the pathway of the carbon reduction and move towards a low-carbon sustainable society.
Keyword
Climate finance, Greenhouse gas management fund, Public Engagement
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