Smart Net-Zero

May 14, 2026 | Commercial Times |

Taiwan's Carbon Credit Exchange and Taiwan Stock Exchange, in collaboration with National Taiwan University, hosted a seminar examining international experience with emissions trading systems (ETS) and voluntary carbon markets, as Taiwan moves toward implementing a cap-and-trade system (TW ETS) to complement its existing carbon fee mechanism. Experts from Japan, South Korea, Germany, and the International Carbon Action Partnership (ICAP) discussed how ETS design can support agricultural decarbonization. Japan's Yoshitaka Uchida highlighted J-Credit mechanisms that incentivize practices such as water management in rice paddies and biochar application. South Korea's Hakkyun Jeong recommended prioritizing cost-effective methodologies and collective management structures to lower barriers for smallholder farmers. ICAP's Baran Doda noted that Taiwan's approach of linking voluntary reduction plans to preferential carbon fee rates aligns with EU ETS design trends, and that transitioning from a carbon fee to a full ETS follows a path similar to Germany, Austria, and France.