The work tasks of this project have been completed smoothly, for examples: participating Bangkok Climate Change Talks, ICAP:The 1st Global Carbon Market Forum, OECD Forum 2008, IEW, assisting Taiwan EPA to invite relevant experts and organizations to participate the 28th subsidiary body meetings in Bonn. On behalf of ITRI, assisting Taiwan EPA to invite relevant experts and organizations to participate COP14/CMP4 organizing bilateral meetings with diplomatic relation countries, main economic countries and international stakeholders, seeking related greenhouse gas reduction cooperating opportunities with important international organizations. In the meantime, Taiwan’s delegation owns an exhibition and makes four presentations in order to report implementation of national greenhouse gas reduction and inventory experiences in IETA side events at COP14/CMP4, which help the world to understand the works that Taiwan have done for the greenhouse gas reduction. Consistent with the Bali outcome, the GHG emissions’ MRV methodology has been in active discussion lately in preparation for nationally appropriate actions. A key challenge for Governments over the next one year is to agreed a international climate change agreement for the post-2012 period in Copenhagen in 2009. The goal must be a decisive new agreement that sets the world on track to stabilize greenhouse gas concentrations in the atmosphere. Such an agreement would not only represent progress on one of the greatest challenges of our time, but is also likely to ensure that this global issue is being addressed in an environmentally effective and economically sustainable manner. Therefore, ITRI is keeping in touch with international climate change initiatives, participating to the HARVARD PROJECT PAPER and Greenhouse Gas Market Report 2008, which can help the world to understand the efforts that Taiwan have done for the greenhouse gas reduction. Leaders of more than 15 governments launch the establishment of the International Carbon Action Partnership (ICAP) attributing to a well-functioning global cap and trade carbon market. ICAP forums had held twice in this year for providing the opportunity for members to share best practice and learn from each others’ experiences. Through this sharing, ICAP will enhance the design of other schemes including MRV and auction by ensuring that design compatibility issues are recognized at an early stage. As a result, ICAP will make possible future linking of trading programs. This project sent a person to participate the forums twice, establishing the linkage with experts from other organizations for carring out the cap and trade system and participating in the global market. This project drives the voluntary carbon reduction project between the enterprises and the disadvantaged minority groups. The concept from CDM wants to promote sustainable development in developing countries. The St. Joseph social welfare foundation in Hsinchu, Taiwan is the VCS project implementing site, this project assist the enterprise in Taiwan implement the heat-pump project following the VCS 2007. At the same time, Taiwan EPA has invited Mr. Henry Derwent (the CEO of IETA) and Mr. Edwin Aalders (the CEO of VCS) to attend this 2008 VCS Forum in Taiwan, over 200 people participated in the meeting. They share some knowledge and experiences of the international voluntary reduction mechanism and capacity building. VCS 2007 is a voluntary standard alternative to Kyoto mechanism, therefore it is highly possible that Taiwanese business will be able to participate in international carbon markets. At the same time, ITRI is improving the database of MARKAL Model relating to these reduction GHG measures and abatement costs of semiconductors, synthetic fibers, pulp and paper industries, also including the discussion on greenhouse gas reduction laws and the proposed measures from each department. ITRI developed an ECXEL tool for calculating GHG emissions from fossil fuels according to new format of OECD energy balance sheet. This tool is shown on and the results of GHG emissions are analyzed in this final report. In aspect of assessing uncertainty,ITRI is trying to calculate the uncertainty from the industrial, forestry, and waste sectors. The focus in future will be on confirming the calculation of emissions from energy and industry sectors, updating the inventories of all sectors, and strengthening the uncertainty assessment. In addition, ITRI is reviewing Taiwan GHG emission statistics, also exchanging the experience with international experts together. At present, Taiwan total GHG emissions is 300553.04 thousand tonne carbon dioxide equivalent in 2007, the trend is still steadily increasing from 1990 to 2007, the annual average growth rate is almost 4.50%. The main CO2 emission is from the electricity generation due to fossil fuel combustion. The GHG emission of Taiwan has at least doubled since 1990 due to our high dependency of foreign energy and a major proportion of exporting goods. This increasing trend is a huge responsibility for us to bear, as well as a disadvantage for our economy development and transformation. With more stringent international reduction trend, the challenges for our government and enterprises are more difficult. Though, Global financial crisis and talk of recession have historically spelt tough times for the environment. At such moments, decisive multilateral action on environmental threats and challenges can bring wide-ranging health, social and economic benefits. Finally, the project supports some international publications on 3E themes, also has completed three issues of electric news, and updating the relevant web site and the English version brochure, and assisting Taiwan EPA to organize 7 climate change workshops on climate change issues.

Kyoto protocol, GHG, UNFCCC