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Taiwan circular economy forum explores sustainability solutions

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The 2023 Taiwan Circular Economy Forum held during the Sustainable Taiwan Expo in Kaohsiung from Nov. 22 to 24 brought together experts across industries to discuss challenges and solutions to build a green supply chain.

Representatives from Taiwan Institute for Sustainable Energy (TAISE), Formosa Plastics Group, Ernest & Young, and Effion Enertech jointed the forum to share their experiences and exchanged ideas to find the best approaches.

(Photo: TASS)

Green talent shortage and mushrooming net-zero regulations become new challenges

“Taiwan is the most important part of the global supply chain,” said Chairman Eugene Chien (簡又新) of TAISE during the forum. From a supply chain perspective, circular economy can help reduce more than 45% of the global greenhouse gas. However, rising material extraction has shrunk global circularity, decreasing from 8.6% in 2020 to 7.2% in 2030.

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