Environmental sustainability and energy transition: Taiwan steps up battle to cut carbon emissions and achieve Net-Zero by 2050

While the world is experiencing the Covid-19 outbreak since 2020, the most searched keyword in 2021 is net zero emissions. This implies that climate change is going to be another battlefield, because no one is immune to its effects. For this reason, U.S. President Joe Biden has promised to invest US$2 trillion in the next four years to build a green energy economy and promote the development of clean energy in the United States. Governments around the world have also actively promoted net-zero emissions to stop climate change from getting worse.

In April 2021, 131 countries including the European Union, the United States, South Korea, and Japan made more active emission reduction commitments at the Leaders Summit on Climate. The United Kingdom and the European Union both updated their mid-term (2035) carbon reduction targets to reduce carbon emissions by 78% and 55%, respectively, and reach a net-zero carbon emission target by 2050. As a member of the global village, Taiwan jumps on the bandwagon to get to zero carbon by 2050.

Jean-Francois Barsoum, Canadian Leader of Smarter Cities, Water and Transportation at IBM, joined Lou Zacharilla for this discussion. Since joining IBM, he has provided strategy advice to a diverse set of clients: financial institutions, higher education, professional associations, pharmaceutical companies and telecoms. Jean-Francois has also been invited to speak at conferences on the subjects of innovation, smarter transportation and climate change on four continents.