Taipei Carbon Exchange
Taipei Carbon Exchange
Taiwan is an export-oriented economy. With the upcoming implementation of the EU carbon border adjustment mechanism (CBAM) and the US Clean Competition Act (CCA), we feel that global Taiwanese companies are all experiencing carbon anxiety. Therefore, through the incentive of carbon trading, we encourage companies to reduce greenhouse gas emissions, which can further accelerate companies to take measures to reduce carbon emissions. By leveraging international cooperation, we can jointly address the challenges of climate change, achieve environmental sustainability, and meet the 2050 global net-zero carbon emissions goal.
We are doing

Net zero emissions & carbon neutrality.
In response to the EU and the US progressively implementing carbon border tax mechanisms, export-oriented Taiwanese businesses are faced with the challenge of how to reduce carbon emissions based on their existing production and manufacturing foundations. This has also led to carbon anxiety among enterprises. The establishment of the Singapore-Taipei Carbon Rights Exchange is precisely to assist Taiwanese companies in finding suitable solutions when facing new international sustainability and environmental regulations.

Mission and vision
Assist Taiwanese companies in carbon credit trading to meet the carbon neutrality needs of global Taiwanese businesses.
                                   

黃壽佐

黃壽佐

韋伯韜

韋伯韜

陳梓立

陳梓立

高鼎宸

執行董事

黃壽佐

黃壽佐

韋伯韜

韋伯韜

陳梓立

陳梓立

高鼎宸

執行董事

Expanding services to global Taiwanese businesses
To help companies solve carbon anxiety, the first step is to start with carbon accounting, and to understand the carbon footprint of their production and manufacturing processes, even upstream and downstream supply chains. By expanding the scope of carbon accounting, companies can effectively grasp their carbon emissions and identify potential for reductions. The Taipei Carbon Exchange, a Singapore-based company, will introduce legally certified carbon credits to businesses through cooperation with international carbon trading institutions. It will also cooperate strategically with various carbon credit developers to actively seek a diversified supply of carbon credits. At the same time as providing carbon trading services, rigorous trading security mechanisms and member services will also be launched.
Service process

Carbon rights knowledge

Carbon trading was initially promoted by the European Union in 2005, targeting high-emitting companies. With the anticipated rise of carbon trading, there will be related consulting services on carbon-related knowledge, carbon certification processes, and how companies can start carbon accounting. If companies want to learn more about the follow-up tracking of carbon accounting, please contact us.

What is a carbon credit?

A 'carbon credit' is, in simple terms, the 'right to emit carbon'. It is typically calculated as a unit of one metric ton of carbon emissions.

How are carbon credits generated?

1. They are generated through government-mandated cap-and-trade systems.
2. They are produced in the voluntary market, often used by companies as a means for carbon offsetting.

What are the natural methods of carbon reduction and removal?

Method one: Green carbon, which refers to forest carbon sinks. A tree, over its lifetime, can absorb approximately 900 kilograms of carbon dioxide. This is known as the forest carbon sink, or green carbon. The methods for measuring green carbon are relatively mature and convenient.

Method two: Blue carbon, which refers to oceanic carbon sinks. Carbon is stored in various forms within marine ecosystems, such as mangroves, wetlands, seagrass beds, marshes, deep-sea sediments, and seabed sediments, known as blue carbon, or oceanic carbon sinks.

Method three: Brown carbon, which refers to soil carbon sinks. Soil is also a natural reservoir for storing carbon dioxide. The roots in green carbon's trees and the wetlands and sediments in blue carbon are also forms of soil. Soil carbon sinks include farmlands, peatlands, black soils, grasslands, mountainous soils, permafrost, arid lands, as well as technosols and urban soils.

What is carbon pricing?

Carbon Pricing' means 'setting a price for carbon dioxide' (putting a price on carbon).

In recent years, the slogan 'Net Zero Emissions' (Net zero) has been loudly proclaimed by governments and major corporations. As of June 2022, 142 countries globally have proposed to achieve this by 2050 (or an earlier timeframe).
However, 'net zero' still seems like a castle in the air, seemingly unattainable.
Sources of carbon credits

Sustainable Earth
Carbon sinks are natural or man-made 'warehouses' that store carbon dioxide. The most effective natural reservoirs for storing carbon dioxide on Earth are forests, oceans, and soil carbon sinks. Nature can store carbon dioxide through the functioning of its ecosystems. By means of ecological protection, ecological restoration, and improved land management, the effect of greenhouse gas reduction can be achieved. That's why the international community prefers to handle carbon removal in a natural way.

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