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3.81. (...) In order to accelerate industrial innovation and value added, and promote economic transformation and development, a special fund for development (NDF) was established (Article 29) to, inter alia, finance investment (e.g. in industrial innovation, high tech development, recyclable/renewable energy/resources, and "green energy" industries), and facilities.

3.88. (...) In its 2022 work plan, the BSMI[Bureau of Standards, Metrology and Inspection] emphasized areas related to green energy technologies, environmental protection, energy saving, smart machinery, and products to assist in scientific and technological development.

Table 3.10 CNS[Chinese Taipei's standards] and their equivalence with international standards
(...)
Area: Environmental management
Total local standards: 54
Existence of international standards[a] (A): 52
Number of local standards equivalent to international standards[b] (B)=(C)+(D): 52
Mandatory technical regulations(C): 0
Voluntary standards(D): 52
Rate of equivalence (%) (E)=(B)/(A)×100: 100.0
(...)
[a] Number that has corresponding international standards.
[b] Local standards that are identical with or modify corresponding international standards are considered equivalent to international standards.

3.96. (...) During the review period, one specific trade concern was raised at the Committee[WTO TBT Committee] about the draft of the Organic Agriculture Act.

3.118. (...) the prices of certain goods and services are regulated in specific circumstances, whereas the overall relevant market for the good or service is not subject to price regulation. For instance, the feed-in tariffs for renewable energy sold to the public utility enterprise (TPC) are set annually through broad consultations convened by the MOEA[Investment Commission, Ministry of Economic Affairs]. (...)

3.124. The number and sectors of the economy in which state-owned enterprises operate did not undergo major changes during the period of review (Table 3.13). Since 2018, it appears that only one institution has been privatized. [204] (...)
[204] A waste management company was privatized in 2018.

Table 3.13 Indicative list of firms with public participation, 2022
(...)
Company name: Cowin Environmental Resources Ltd (COWIN)
Public sector ownership: 42.00%
Sector: Waste Collection, Treatment and Disposal Activities; Materials Recovery
Market share 2022: Incineration: 4.8%
Any monopoly or exclusive rights: No
Preferential duty and/or tax treatment: No
Local sourcing requirements: No

3.141. The GP Act provides for offsets and price preferences to promote employment, industrial development, and environmental protection. (...)

3.144. Government procurement is also used as a tool for supporting minorities and disadvantaged groups, or for environmental protection. (...) There is a price preference of up to 10% for tenders that include products labelled as being environmentally friendly. [228] The laws and regulations related to government procurement do not set yearly targets regarding the purchase of eco-products.
[228] GP Act; and Regulations for Priority Procurement of Eco-Products, last amended on 15 January 2001, Article 96.

4.3. Vulnerability to adverse climatic conditions constitutes another impediment to the sector's growth and productivity. During the review period, Chinese Taipei experienced several weather related disasters, including floods and drought. The total disaster-related agricultural loss for 2018 21 was estimated at TWD 34.9 billion.