A Cross-Strait cooperative mechanism should be developed with no delay while many countries are actively working together to deal with climate change. Therefore, the experts and scholars from Mainland China were invited in 2010 to hold the First Cross-Strait Response to Climate Change conference in Taiwan, and this year (2011) China Association of Resource Comprehensive Utilization invited representatives from Taiwan to jointly hold the Second Cross-Strait Response to Climate Change conference in Beijing. During the second conference, both sides discussed and exchanged opinions on 24 subjects and five main themes, including challenges and opportunities of responding to climate change, Cross-Strait actions on Greenhouse Gas (GHG) emission reduction, Cross-Strait actions on adaptation to climate change, climate change standard identification and Cross-Strait low carbon economic construction and development. In addition, the contact window for Cross-Strait cooperation of response to climate change was established. According to the interactions during the second conference, this project brought up a mechanism of promoting future Cross-Strait substantial interchange in order to enhance Cross-Strait interactions and cooperative relations.
By collecting CDM and carbon trading development related information and visiting institutions in China to know the issues’ progress, current existing types of carbon credit in China were considered as cooperative projects’ options. The feasibility assessment of each option was carried out based on purposes, premises and missions. On November 25th 2011, the feasibility assessment report of Cross-Strait carbon credit cooperation was modified and completed through expert consultation meeting, and it will be provided to Environmental Protection Administration as reference.