Taiwan joins Asian carbon trading push
Newly launched Taiwan Carbon Solution Exchange is expected to enable companies to trade in both domestic and international credits
Taiwan has joined a growing list of Asian countries turning to carbon markets as part of their net-zero strategies. The Taiwan Carbon Solution Exchange—jointly established by the local stock exchange and the sovereign wealth fund with an initial investment of NT$1.5b ($46.7m)—opened in the third-largest city of Kaohsiung in August. The exchange will not start trading carbon credits until the first half of 2024, offering time for the platform to adopt best practices from more established carbon pricing schemes in the region, such as Singapore’s nearly five-year-old carbon tax. The platform aims to enable Taiwanese companies to trade both domestic and international carbon credits. The la
![](/images/white-fade.png)
Also in this section
21 July 2024
Awards experience 20% increase in nominations this year, with submissions from 27 countries
18 July 2024
Platform developed at Scottish university uses advanced simulations and machine learning to find most cost-effective and sustainable combinations of materials for use in carbon capture
18 July 2024
Stockholm Exergi agrees to one of world’s largest deployments of CO₂ liquefication technology to enable transport of emissions captured from biomass power plant
11 July 2024
Watkins will leverage her financial acumen and strategic insight to lead Gulf’s commercial initiatives across media, events, and market intelligence