What are the Main Environmental Issues Facing Taiwan?
Taiwan, the 8th largest economy in Asia based on purchasing power parity (PPP), is a jurisdiction on the move and yearning for faster growth. Its GDP per capita has risen rapidly from 3,446.2 in 1980 to 62,696.1 in 2022. Even COVID-19 which started in 2020, could not impact its positive per capita growth significantly; it remained on an uptrend as others faltered. However, the jurisdiction is faced with serious environmental issues that are threatening to tear it apart unless urgent actions are taken. As the world quickly embraces sustainability, Taiwan is reeling from serious challenges that could rapidly undo its years of steady growth. Unlike in the past, more stakeholders want to be associated with companies committed to responsible and ethical operations, with cutting down carbon footprint coming at the top of the list. Let’s dig in and take a closer look at these challenges facing Taiwan.
Shelley
December 7, 2022
