Sustainable and green financial products direct capital flows to support industries and major public infrastructures that align with sustainable development and low-carbon technologies. They facilitate corporate net-zero transitions and offer diverse investment options to the market, thereby enhancing financial resilience and helping to achieve the 2050 net-zero emissions target.
Sustainable Bonds
Current Status
- The total issuance of sustainable bonds amounts to NT$147.3 billion in 2023.
- The total issuance of sustainable bonds amounts to NT$149.2billion in 2024.
Implementation Measures
- To assist businesses in sustainable development and support their sustainable transformation, the TPEx established the green bond market in April 2017.
- Following the trend of international sustainable finance market with an aim to gradually improve the ecosystem of sustainable bond market in Taiwan, the TPEx established the sustainability bond market, social bond market and sustainability-linked bonds (SLBs) market in October 2020, April 2021, and July 2022, respectively. This will expand the range of sustainable bond products and provide the market with diversified ESG investment and financing tools.
- In order to increase the participation of domestic issuers, the TPEx established sustainable government bonds mechanism on December 16, 2021, and allowed convertible bonds, exchangeable bonds and corporate bonds with warrants as types of sustainable bonds on December 14, 2023, in order to expand the scale of Taiwan's sustainable bond market.
- Issuers that successfully list their sustainable government bonds or sustainable convertible (exchangeable) corporate bonds on the TPEx between August 1, 2024, and the end of December 2026 may, within two months of listing, apply to the TPEx for a subsidy for external assessment fees for their bond issuance, up to a maximum of NT$350,000 per issuer.
- TPEx Sustainable Bonds
Sustainable Investment
Current Status
- As of June 2025, the FSC has approved a total amount of approximately NT$57.8 billion for investment by the insurance industry in renewable power plants, and around NT$104 billion in green or sustainable bonds.
- DCA investment: As of the end of June 2024, investors have invested a cumulative amount of approximately NT$95.5 billion in Taiwan stocks and NT$175.9 billion in ETFs through DCA approach.
- Odd-lot trading: From the launch of the intraday odd-lot system until June 2024, the average daily trading volume of intraday odd-lots was approximately NT$2.43 billion, accounting for 0.77% of the market's total trading volume. This was a significant increase of 990% compared to the average daily trading volume of after-hours odd-lots of approximately NT$ 223 million, or 0.12%.
- As of June 2025, ESG-themed funds, ETF and ETN issuance by Securities Investment Trust Enterprises:
TWSE: 10 ESG Stock ETFs listed on TWSE, with a total asset of NT$554.2 billion; 3 ESG ETNs listed on TWSE, with a total issuance size of NT$4.5 billion.
TPEx: 6 ESG Bond ETFs listed on TPEx, with a total asset of NT$259 billion; 4 ESG ETNs with a total issuance size of NT$25 million listed on TPEx. - TPEx has established the "Green Securities Zone," which is the first platform in Taiwan to compile major domestic and international green certifications. It also discloses the status of listed companies obtaining these green certifications. This platform serves as a reference for financial institutions and investors for making investment and financing decisions.
Implementation Measures
- According to the current insurance investment laws and regulations, the insurance industry is allowed to invest in green industries, incl. the green energy technology industry among the five plus two industries, and the green electricity and renewable energy industries among the six core strategic industries, through multiple channels such as special projects and securities.
- Expanding the scope of insurance industry investment in domestic private equity funds: On March 26, 2025, an interpretative order was issued to expand the scope of insurance industry investment in domestic private equity funds to include Public-Private Partnership (PPP) projects , ESG-related projects and social welfare enterprises.
- Encourage insurers to invest in green and sustainable field : On March 26, 2025, an interpretative order was issued to allow insurers to invest in ESG-related projects, supporting domestic corporates in their low-carbon transition and sustainable development.
- Odd-lot trading: Shorten the intraday odd-lot matching internal to 5 seconds. The average daily trading value (actual value) of intraday odd-lot trading in 2024 is NT$5.907 billion.
- Regulations on ESG and Sustainable investment products: Principles for the Review and Supervision of Information Disclosure Regarding the Issuance of Environmental, Social, and Governance (ESG) Themed Securities Investment Trust Funds by Securities Investment Trust Enterprises, promulgated on 2 July 2021 per Letter No. Financial-Supervisory-Securities-SITC-1100362463 of the Financial Supervisory Commission.
Sustainable Lending
Sustainable Lending
- The cumulative amount of lending from the insurance industry to to the green electricity and renewable energy industries has reached approximately NT$40.8 billion.
- By June 2025, the amount of green credit granted by financial institutions reached NT$186.265 billion, and sustainability-linked credit reached NT$167.07 billion.
Implementation Measures
- In 2025, the FSC will continue to promote the "Incentive Lending Program" and set a target growth value of NT$380 billion for lending to the six core strategic industries, encouraging banks to actively provide credit to these industries. We hope to continuously create a financing environment conducive to industrial development and achieve the national goal of sustainable development.
Inclusive
Finance
Finance
Current Status
- IBanks are encouraged to install voice-enabled ATMs for the visually impaired.
- Promoting microinsurance and small-amount whole life insurance.
Implementation Measures
- Continue to promote inclusive financial measures to narrow the digital gap between the young and middle generations; encourage banks to install voice-enabled ATMs for the visually impaired.
- The FSC actively promotes microinsurance in collaborating with other government agencies, local governments, social welfare organizations, and insurance companies, and provides regulatory incentives to encourage the development of inclusive financial products such as microinsurance and small-amount whole life insurance.
- As of the end of March 2025, the cumulative number of insured people under microinsurance reached 1.909 million; while the number of in-force policies for small- amount whole life insurance reached 1.213 million.
- Issuance Amount of Sustainable Bonds
- Insurers’ Investment Amounts in Renewable Power Plants
- Insurance industry loans to renewable power plants and renewable energy industries
