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South Korea Invests $59 Million in Green Technology Initiatives

1/3/2025

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Story summary
  • South Korea is investing 86.2 billion won (US$59.3 million) in green technology to address climate change.
  • Allocations include 5.7 billion won for carbon-free energy and 4.3 billion won for carbon capture technologies.
  • The government will allocate 3.1 billion won for an AI climate prediction model to improve disaster forecasting.
  • An additional 4.02 billion won will fund international carbon neutrality projects, strengthening South Korea's role in global environmental efforts.