Taiwan Carbon Solution Exchange kicks off in Kaohsiung

TAIPEI (TVBS News) — The Taiwan Carbon Solution Exchange, funded by the Taiwan Stock Exchange and the National Development Fund, commenced operations in Kaohsiung on Monday (Aug. 7) to advance Taiwan's carbon credits trade business and to move another step toward Taiwan's net-zero emissions goal by 2050.

The new exchange's primary business includes consulting, domestic carbon credits trading, and overseas carbon credits trading.

Sherman Lin, chairman of the Taiwan Carbon Solution Exchange, stated that the exchange's business would cater only to legal entities, excluding natural persons.

The Taiwan Carbon Solution Exchange plans to initiate trading early next year. This move aligns with Taiwan's "Climate Change Response Act," enforced on Feb. 15 to serve corporate carbon reduction and neutrality needs.

Lin emphasized a collective push for cooperation between the Taiwan Stock Exchange and the Taiwan Carbon Solution Exchange to promote sustainable enterprises, accelerate the formation of low-carbon emerging industries, and contribute towards Taiwan's net-zero transition.

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