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Taiwan's state-owned banks are set to provide nearly NT$2 trillion (US$63.4 billion) in green lending this year, with outstanding loans reaching NT$1.9 trillion as of August, supporting 592 renewable energy projects. The banks are aligning their lending practices with corporate carbon reduction goals and focusing on high-return projects, while the government aims for renewable energy to account for 20% of electricity by November and 30% by 2030. Initiatives include bond issuances for low-carbon transitions and frameworks for evaluating climate risks.