Korea Joongang Daily
Korea JoongAng Daily

Gov't to invest over $300 billion in green finance by 2030 to address climate crisis

Acting President Han Duck-soo, 10th from right in front, poses for a photo with participants at the carbon neutrality grand alliance declaration ceremony held at the Grand Hyatt Seoul in Yongsan District, central Seoul, on Dec. 23.

2024-12-23

Constitutional Court rules carbon neutrality act fails to protect rights with lack of reduction goals

The Constitutional Court on Thursday ruled that the nation's carbon neutrality law is not conforming to the Constitution for failing to sufficiently protect people's basic rights due to the absence of any greenhouse gas reduction goal after 2031.

2024-08-30

Constitutional Court hears young environmental activists in first litigation on climate change

The Constitutional Court on Tuesday held a public hearing on a petition filed by teenage environmental activists against the government for violating their fundamental rights by insufficiently responding to climate change.

2024-04-23

Oil giant Aramco gears up for a low-carbon future

Aramco, the world's largest oil company, is looking to diversify its investments and create new outlets for crude oil production as Asian countries move away from fossil fuels.

2023-12-12

Posco steels itself for journey to carbon neutrality by 2050

Since it was founded in 1968, Posco has grown to become the 6th largest global steel company by crude steel production, playing a foundational role in the leap of Korea's manufacturing industry over the past 55 years.

2023-11-29

Korea to invest to foster 10 climate-related unicorns

Korea will invest 145 trillion won ($112 billion) in public and private funds to ramp up its climate tech capabilities by 2030, the Ministry of Trade, Industry and Energy said Thursday.

2023-06-22

Kakao joins RE100 initiative to fight climate change

Kakao signed up for the RE100 initiative, a global campaign to replace all electricity generated by fossil fuels with renewable energy by 2050.

2023-05-24

K-eco helps with carbon neutral goals

The Korea Environment Cooperation (K-eco) is creating an organization designed to help meet the country's carbon neutral goals. The new ACT Center, meaning “assist, consulting and together,” will provide guidance to local governments to...

2023-04-27

National Geographic Society CEO, Ban Ki-moon explore ways to save planet

Jill Tiefenthaler, CEO of the National Geographic Society, stressed the need to empower "change makers" on the front lines of the climate crisis, including scientists, educators and the media to deal with the "planetary emergency."

2022-11-06

Korea to expand climate finance for developing nations: Prime Minister

Prime Minister Han Duck-soo said Thursday that Korea will increase its funding to help developing nations mitigate the impacts of climate change.

2022-10-27