South Korea is planning to help developing countries reduce 860 million tons of greenhouse gases, which is equivalent to 5% of their request for emission reduction support from developed countries. In doing so, Korea is expected to prevent more than 100 million people from further suffering from climate change.
The Ministry of Science and ICT announced on April 23 that the plan for international technological cooperation for GHG emission reduction will be finalized at the Presidential Advisory Council of Science and Technology meeting scheduled for April 25.
The purpose of the plan is to contribute to the global efforts to cope with climate change as the role of science and technology is growing in addressing climate impacts. The government also seeks to play a leading role as international cooperation is growing in climate change campaigns.
The government plans to use Korea’s advanced technology in cutting GHG emissions in developing countries.
It also plans to host the Asia-Pacific region office of the technical support agency to be set up for climate change response in developing countries under the United Nations Framework Convention on Climate Change (UNFCCC).
The government plans to launch climate technology cooperation projects worth US$10 billion by 2030 within the UN framework.
In addition, the Korean government is going to widen its pool of experts and enhance its systems and organizations required for climate technology cooperation while taking a leading role in international climate policy setting.
The Original Posted By Jung Suk-yee/Business Korea