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June 29, 2017

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ECCT paves the way to a low carbon future

The European Chamber of Commerce Taipei (ECCT, 台北歐洲商會) yesterday offered new ideas and solutions to facilitate Taiwan's efforts to build a low-carbon economy and society.

The largest group of foreign investors in Taiwan also invited local companies to join its Low Carbon Initiative (LCI) during a conference and exhibition that features member companies' comprehensive array of products, technical solutions and services.

The event further served as a platform for industry experts from Europe and Taiwan to share information on best practices, as well as discuss trends and business opportunities in the fields of sustainable urban development, transportation and industrial low-carbon solutions.

According to ECCT Chairman Chris James, low-carbon operation has become an integral part of the way European firms do business. The LCI now aims to demonstrate European expertise in low carbon solutions and initiate partnerships with the government and Taiwanese firms to speed up Taiwan's transition from a fossil-fuel-dependent economy to a low-carbon model for the world, he explained.

Describing the multiple solutions on offer as "proven technologies to help reduce Taiwan's carbon emissions," James also touted the economic benefits of low carbon solutions. "By promoting low-carbon products and technology, we can also spur economic activity in low-carbon solutions, thereby creating a virtuous circle, reducing dependence on highly polluting fossil fuels while boosting business opportunities," he continued.

The LCI is currently sponsored and endorsed by 20 founding members, which are leading European companies in their respective industry fields, as well as consultants and government institutions, including Airbus, Air Liquide, Mercedes-Benz, Michelin and Siemens, to name just a few.

The LCI is built on three pillars: advocacy to formulate policies and strategies built on the European experience; best practices to showcase proven low-carbon solutions to Taiwanese businesses and government; education to raise awareness about low-carbon solutions.

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