Lai Qingde calls for net-zero business decisions! Ten billion green funds have been established to support the dual transformation of small and medium-sized enterprises.

President Lai Chengde. (Photo by reporter Lin Jinghua)

[Reporter Lin Jinghua/Reporting from Taipei] President Lai Ching-te attended Taiwan Smart Energy Week today (14th) and pointed out that in the face of challenges such as extreme climate, rising AI power consumption, and increasingly stringent international supply chains, regarding corporate orders, "net zero" must be included in business decisions. "Strategy", and the government's responsibility is to set a clear direction for transformation and provide the support needed for strategic transformation. The Taiwan Green Growth Fund of 10 billion yuan has been established, and it has also increased the investment of "100 billion yuan" for small, medium and micro enterprises in planning for the next eight years to support the dual transformation of digital and net zero.

Lai Ching-te said that due to the demand for electricity brought by AI and the increasingly serious climate challenges, Taiwan's renewable energy installation capacity has quadrupled from 4.7GW in 2016 to 25GW; the cumulative offshore wind power installation capacity has even ranked fifth in the world. He emphasized that the government will continue to promote diversified green energy, energy conservation and grid resilience to stabilize power supply and implement energy security and net-zero transformation.

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President Lai said that Taiwan has completed the first carbon fee declaration in May this year. It hopes to encourage industries to reduce carbon emissions independently through the carbon tax system and officially enter a new era of "carbon emissions have a price", and all revenue will be earmarked for industrial green transformation and technological innovation. In addition, regarding the new national carbon reduction targets, compared with the base year of 2005, carbon reduction will be 28±2% in 2030 and 38% in 2035.

Lai Qingde emphasized that the government has set clear directions, provided strategic support, and continued to help enterprises solve problems in the transformation process. At present, the government has established a Taiwan Green Growth Fund of 10 billion yuan to guide private funds into the net-zero industry. It has also planned to increase the investment of "100 billion yuan" for small, medium and micro enterprises in the next eight years to support digital and net-zero dual transformation. It is expected to lower the financing threshold for transformation, accelerate the implementation of energy conservation, energy storage, resource recycling and other solutions, and enhance the competitiveness of small and medium-sized enterprises.

He also expressed special thanks to the Foreign Trade Association, the Green Energy and Sustainable Development Alliance, and the International Semiconductor Industry Association for jointly organizing Taiwan Smart Energy Week, which brought together more than 400 companies, covering full-chain solutions from renewable energy and smart energy to carbon management and green finance.

President Lai hopes that through this exhibition, more net-zero solutions will enter the industrial scene, and Taiwan's technology will be brought to the world. The world's best solutions will also be able to come to Taiwan. Industry and all sectors of society will participate in taking into account economic development, social progress and the environment, so that transformation will become the next stage of Taiwan's production power.

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