Palau boasts rich blue carbon resources and strong potential for wetland conservation. (Photo: Flickr／Holger Krupp CC BY-NC-SA 2.0)
The first part of the article highlighted the potential and pathways for overseas carbon credit development through successful cases in the Asia Pacific region. This second part shifts the focus to Taiwan’s diplomatic allies, exploring how businesses can engage in international climate action via carbon projects by looking at market trends and policies.
Compared with other markets, Taiwan’s allies provide an official cooperation framework that offers a more solid foundation for advancing Taiwan’s carbon diplomacy and fostering sustainable international partnerships.