Asia-Pacific Sustainability Action Awards-Sustainability Action Awards SDG07:Bronze
Land Bank of Taiwan
Finance Powering a Green Energy Future
The Land Bank of Taiwan, a wholly state-owned bank, adopts “Leading Innovation, Creating Value, and Striving for Sustainability” as its core philosophy, leveraging financial expertise to advance sustainable finance and support Taiwan’s energy transition. As Taiwan pursues its net-zero target amid the global urgency of climate action, the Bank has scaled financing across solar, offshore wind, and geothermal sectors, while also breaking new ground: through its participation in the geothermal demonstration project in New Taipei City, it became the first state-owned bank in Taiwan to finance geothermal power, entering a sector characterized by high capital risk and technical uncertainty. The Bank provides diversified financing services and engages with industry to help enterprises align with policy directions and transition needs, continuously expanding its financing reach. Through these efforts, the Bank has supported over 2,300 MW of installed capacity, strengthening energy supply and diversification, and demonstrating the catalytic role of financial institutions in driving energy transition and a low-carbon future.