Embracing Net Zero Era Series - Chapter 1: The gap between the reality and your understanding
Updated: Aug 1, 2022
Mt. Stonegate Green Asset Management Ltd. organizes seminars every year. In 2022, the first seminar will be held together with the Energy & Environment Committee of European Chamber of Commerce (ECCT) Taiwan, discussing issues on global Net-Zero sustainability.We invited experts from the government, participants of green energy market, as well as upstream and downstream of the supply chain to begin Chapter 1 of the Net Zero Trend with us.
Wednesday, 22 June 2022
East Gate, B1, Shangri-La's Far Eastern Plaza Hotel Taipei 台北遠東香格里拉飯店B1怡東園
201 Tun Hwa South Road, Section 2, Taipei
On 15 March 2022, the European Council reached agreement on the Carbon Border Adjustment Mechanism (CBAM) regulation, which is one of the key elements of the European Union’s ‘Fit for 55’ package.
To provide businesses and other countries with legal certainty and stability, the CBAM will be phased in gradually and will initially apply only to a selected number of goods at high risk of carbon leakage: iron and steel, cement, fertiliser, aluminium, and electricity generation. A reporting system will apply as from 2023 for those products with the objective of facilitating a smooth roll out and to facilitate dialogue with third countries, and importers will start paying a financial adjustment in 2026.
But how with CBAM affect manufacturers and other businesses operating in Taiwan? This event will bring together government and industry experts from Europe and Taiwan to explore the various implications of CBAM for industries in Asia (see full agenda below) and to share practical experiences and solutions for markets in Asia.
Among other topics our speakers will discuss:
· The impact of CBAM on Taiwan’s market and manufacturing industry
· Net zero policy & roadmap of Southeast Asian countries
· Overview of renewable energy sourcing in Southeast Asia
· The impact of the EU's Fit 55: Political and economic perspectives
· Opportunities and challenges from EU ETS to EU CBAM
Opening remarks & group photos
ECCT Energy & Environment Co-chairs.
Dr. Jules Chuang, Managing Director
Mt. Stonegate Green Asset Management Ltd.
Impact of the CBAM on Taiwan’s market (tent.)
Cynthia Kiang, Director General, Bureau of Foreign Trade (BoFT)
EU CBAM: Current situation and insights of the export manufacturing industry
Wu I-min, General Manager, Environment Dept., China Steel Corp. (CSC) & Vice Chairperson of the Committee on Environment and Work Safety for the China National Federation of Industries (CNFI)
Net zero policy and roadmap of Southeast Asian countries
Albert Sutanto, Manager RE100 New Markets
Mt. Stonegate Green Asset Management Ltd.
General overview of renewable sourcing in Southeast Asia
Angus McEwin, Managing Director
The impact of the EU's Fit for 55: Political and economic perspectives.
About the speakers
Paolo Caridi a Policy Coordinator for the Directorate General for Climate Action of the European Commission, responsible for relations with China and India. He has worked for the European Commission for 25 years and has considerable diplomatic experience working in EU Delegations around the world. From 2004-2008, he was First Secretary in the Trade Section of the EU Delegation to Japan. He worked on climate change issues from 2009 to 2013 when he was in charge of the coordination of the International Negotiation Task Force on Climate Change, of relations with the European Council and the Parliament. From 2013-2021, he was the Head of the Trade Sections in South Korea and Mexico. He holds a master’s degree in Political Science and International Relations from the Institute of Political Studies (Sciences Po), Paris and a master’s degree in Economics and Trade from the University of Genoa, Italy.
Wu I-min is the General Manager of the Department of Environmental Protection for China Steel Corporation (CSC). He is concurrently a Member of the Environmental Protection Administration’s Soil and Groundwater Remediation Fund Management Board, the Air Pollution Control Fund Management Board, Vice Chairperson of the Committee on Environment and Work Safety for the China National Federation of Industries (CNFI) and a Member of the Council of the Taiwan Association of Soil and Groundwater Environmental Protection. He was previously Vice President of CHC Resources Corporation, a Member of the Committee on Environment and Work Safety for CNFI, Executive Secretary of the Committee on Environment and Work Safety for the Taiwan Steel and Iron Industries Association and Assistant General Manager, Manager and Engineer of the Department of Environmental Protection for CSC.
Albert Sutanto is the Manager of RE100 New Markets for Mt. Stonegate Green Asset Management. He joined Mt. Stonegate in 2019 to work initially as a Project Analyst and later as an Assistant Project Manager before taking on his current role. He is an experienced business development manager with a demonstrated history of working in the renewables and environmental industry with skills in areas of sustainability, energy attributes, climate change, and carbon offsets. He holds a Bachelor of Science degree from Tunghai University.