Taiwan plans to establish its own Carbon Border Adjustment Mechanism (CBAM) and emissions trading system (ETS). President Lai Ching-te announced the plans on November 2, saying they are part of efforts to reach net-zero emissions by 2050 and support the competitiveness of domestic industry.
Taiwan has already introduced a carbon fee and is now preparing rules for the CBAM and ETS. Lai said the measures are intended to help local manufacturers adapt to international requirements and shift to lower-carbon production. No launch dates or detailed regulatory framework have been announced.
Speaking at a meeting with winners of the 8th National Corporate Environmental Protection Awards and environmental professionals, Lai said the government would continue working with companies and other stakeholders. The National Climate Change Countermeasures Committee, established under the Presidential Office, brings together government, industry and other interested parties.
Lai also called for stronger cooperation across supply chains, including support for small and medium-sized businesses to cut emissions and improve energy efficiency. The 65 companies recognized with this year's environmental awards saved a combined 1.613 billion kWh of electricity in the previous year, while their renewable energy consumption rose by 131%.
As an example, the president cited Yamaha Motors Taiwan, which has switched entirely to recyclable steel boxes for export packaging and is working with 85 suppliers to reduce emissions. The government plans to support industrial decarbonization through regulation and cooperation with businesses.
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