South Korea proposes cutting emissions 40% by 2030
The coal-reliant nation will need to pivot quickly to renewable energy under the government’s proposed new climate target
South Korea
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South Korea 2050 net zero pledge spurs renewables investment
As the world’s fourth-largest importer of coal, South Korea needs to rapidly change its energy mix to achieve net zero emissions by 2050
Lawyers and activists build pressure on Korean court to rule on climate
Pressure is building on South Korea’s constitutional court to make a key climate change judgment, as the government prepares to publish its first carbon neutrality plan
South Korea formally commits to cutting emissions to net zero by 2050
President Moon Jae-in’s announcement follows a three-day visit by Cop26 president-designate Alok Sharma to South Korea
World Bank branch indirectly backs coal megaproject despite green pledge
International Finance Corporation piloted its green equity policy with an Indonesian bank, which went on to fund a 2,000 MW coal complex
South Korea pursues Vietnamese coal plant, drawing international criticism
A decision by state-owned utility Kepco to invest in Vung Ang 2 coal power station goes against the government’s “green new deal” rhetoric
South Korean government backs $2 billion bailout to coal company, despite green finance pledge
Campaigners ask government to explain relief for coal plant manufacturer Doosan Heavy Industries, contrary to its promise to end coal financing
Comment: Stakes too high for foul play inside the Green Climate Fund
Allegations of financial incentives offered ahead of recent vote on GCF’s location highlight fund’s vulnerability to corruption. With the climate stakes so high, Alice Harrison says there is no scope for sleaze
South Korea passes carbon trading laws to combat climate change
Move could signal start of aggregated Asia-Pacific emissions trading scheme.
South Korea, Australia and NZ leap aboard Co2 market scheme
South Korean legislators have approved plans for an emissions trading scheme, paving the way for a bill to be passed next week.