In April, Taiwan and Germany signed an agreement on Taiwan-Germany cooperation in the area of emissions trading. The agreement was signed by representatives from both countries. The agreement includes monitoring, reporting and verifying emissions.
Martin Eberts, the German representative in Taiwan humbly said both Taiwan and Germany can learn from each other in the area of renewable energy adding that Taiwan and Germany should have closer energy cooperation.
Taiwan hopes to increase the share of green energy to 20% by 2025 and to phase out the use of nuclear energy by then. Germany took the same path a few years ago. Taiwan adopted its Climate Change Act in 2015 with the aim to reduce greenhouse gas emissions of 50% by 2050 and German companies can support Taiwanese firms.