The short-term objectives under the Action Plan 2.0 are to establish frameworks and foundations for promoting effective green and sustainable financial markets and increase information transparency in order to guide funds toward green and sustainable industries. With these objectives in mind, key focal points over the short term will be to determine the scope of sustainable finance, improve the quality of ESG disclosures, strengthen climate-related disclosures, and amend related regulations in order to bring Taiwan more closely in line with international practices. The mid-term objective is to encourage financial market to respond to the potential risks and business opportunities of climate change and strengthen the competitiveness of Taiwan’s financial industry and financial markets. The key mid-term focal points are to establish an integrated ESG information platform and a sustainable development database in order to jointly resolve issues that must be addressed to achieve sustainable development, and to conduct sustainable finance evaluation for financial institutions. The 3 core strategies of the Action Plan 2.0 are to: (1) use effective information disclosure to foster appropriate corporate decision making; (2) spur financial institutions to address climate change risks and seize related business opportunities; and (3) use market mechanisms to guide the economy toward sustainable development.