In his speech, President Tsai mentioned that in recent years, the Financial Supervision and Administration Commission has been committed to promoting green finance, driving funds to support renewable energy, assisting financial institutions in implementing ESG (environmental, social and corporate governance), and helping more companies enter the international supply chain. President Tsai emphasized that in the face of the challenges of 2050 net-zero transformation, Taiwan should continue to move forward on four transformation paths.
First, the energy transformation should continue, and banner design new energy sources such as hydrogen energy and forward-looking green energy should be actively studied; second, the industrial transformation should be accelerated, including process adjustment, energy transformation, etc., to respond to the new trade situation; third, the life transformation should be started , public buildings move towards low carbon, and transportation undergoes net-zero changes: Fourth, social transformation requires justice and ensures citizen participation. Xiao Cuiling, vice-chairman of the Financial Supervision and Administration Commission, said in her speech that in order to overcome the challenges of moving towards net zero emissions by 2050, the industry will adopt the model of "first big and then small, and big to lead small" to jointly mitigate the possible risks brought about by the transformation process.
Impact, and even create new net-zero business opportunities, build a complete blueprint and promotion path from top to bottom, and set short, medium and long-term goals to implement, is the right way to move towards sustainable management. Xiao Cuiling, vice-chairman of the Financial Regulatory Commission, delivered a speech (Photo courtesy of Today's Weekly) Photo Credit: Today Weekly Xiao Cuiling, vice chairman of the Financial Regulatory Commission, delivered a speech Robert N. Stavins, A. J. Meyer Professor of Energy and Economic Development at Harvard Kennedy School, said that climate change is already an issue affecting the global commons, so international and even global cooperation is crucial, and states often play a key role.