Taiwan sets new goal of cutting emissions by 23%-25% by 2030

Image Source: https://focustaiwan.tw/

Taiwan sets new goal of cutting emissions by 23%-25% by 2030

Taiwan sets new goal of cutting emissions by 23%-25% by 2030

Source: https://focustaiwan.tw/society/202212280012

Taiwan aims to reduce carbon emissions by 23-25 percent by 2030 compared with 2005, although it is pursuing the goal of achieving net-zero carbon emissions by 2050, the National Development Council said Wednesday at a press conference. To reach the 2030 goal, the agency revealed a slew of net-zero transition action plans based on 12 key strategies, including wind power/photovoltaics, hydrogen energy, innovative energy, carbon capture, utilization and storage, and decarbonization across the transportation sector. The goal has been set as Taiwan is reviewing the original 2030 Nationally Determined Contribution (NDC) target of reducing emissions by 20 percent below the 2005 level, a base year for the long-term effort, and preparing to submit the next round of new or updated NDCs under the Paris Agreement. The Paris Agreement adopted in 2015 requires countries to put forward their best efforts through NDCs, which represent targets and actions for the post-2020 period. Taiwan submitted its intended NDC in 2015 to reduce greenhouse gas emissions by 20 percent of 2005 levels by 2030.