The Executive Yuan Released "Circular Economy Promotion Plan"
The Ministry of Economic Affairs of the Executive Yuan issued Circular Economy Promotion Plan on December 20. The plan aims to eliminate the obstacles on the path to sustainable industrial development through cross-sectoral integration. It consists of four strategies, which include advancing circular technology and materials innovation R&D zones, building circular economy demonstration parks, promoting green consumption and trading, and accelerating energy resources integration and industrial symbiosis.
Materials and metals industry is the focus of the plan. By fostering circular economy talent in the industry, Taiwan is able to create new momentum to transform industrial development from a linear economy to a circular economy.