Leaders of the world’s richest countries stressed the importance of carbon pricing in the goal to reach net-zero emissions at the Group of 7, or G7, summit held last weekend in Cornwall, England.
Korean President Moon Jae-in did make some strong commitments at the P4G Summit, repeating the country’s NetZero2050 pledge, an end to financing coal projects internationally, and a significant increase in the green share of Korea’s ODA.
World leaders at the P4G Seoul Summit stressed that the path to carbon neutrality by 2050 is not only an environmental solution but can create great economic opportunity, while warning that decisive climate action has to take place in the next decade
World leaders adopted the Seoul Declaration at the second P4G Summit Monday, recognizing the climate crisis as a global threat and highlighting the international community’s commitment to achieving green growth through public-private partnerships.
A video clip introducing the venue of the 2021 P4G Seoul Summit screened at its opening ceremony Sunday showed a map of Pyongyang instead of Seoul, raising some controversy.
President Moon Jae-in pledged Korea will work toward “inclusive green recovery” for carbon neutrality as he kicked off the two-day 2021 P4G Seoul Summit Sunday, bringing together some 60 world leaders and heads of international organization.
Eco-friendly e-commerce deliveries, sustainable furniture and plastic bottles without labels are some goods and services provided by the companies partnered with the P4G Seoul Summit as a part of efforts to reduce the carbon footprint.
The Seoul Declaration to be adopted at the upcoming P4G Summit is expected to “highlight the importance of a 'green recovery' and recognize the commitment to carbon neutrality,” said Yoo Yeon-chul, Korea’s ambassador for climate change.
The two-day 2021 P4G Seoul Summit starts Sunday, bringing together world leaders, along with representatives from government, business and civil society, to tackle global climate change and promote sustainable growth.
HMM will reduce its carbon dioxide emissions by 50 percent by 2030 and achieve carbon neutrality by 2050.