Tuesday, 02 January 2024 12:17 GMT

S. Korea Aims to Cut Greenhouse Gas Emissions to 61 Percent by 2035


(MENAFN) South Korea on Monday endorsed a bold plan to slash its greenhouse gas emissions by 53% to 61% by 2035, aiming to accelerate its shift toward carbon neutrality while strengthening industrial competitiveness.

The Presidential Commission on Carbon Neutrality and Green Growth endorsed the updated Nationally Determined Contribution (NDC) target for 2035, slightly higher than the government’s initial plan to reduce emissions by 50% to 60%, South Korean media reported.

The Cabinet is set to formalize the emissions target at a meeting on Tuesday and unveil the plan officially at the 30th UN Climate Change Conference (COP30) in Belem, Brazil. The summit begins Tuesday and runs through Nov. 21.

Under the Paris Agreement, all signatory nations must submit and revise their NDCs every five years. South Korea previously filed its 2030 NDC in 2021, committing to a 40% reduction in emissions from 2018 levels.

Prime Minister Kim Min-seok said, “The decision has been made to accelerate the government's transition toward carbon neutrality and boost industrial competitiveness.”

To reach the 2035 target, South Korea plans to significantly expand its use of renewable energy sources, including solar and wind power.

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