South Korea Beefs Up Climate Goal Amid Mounting Global Pressure
- Moon sets target of making country carbon neutral by 2050
- Announcement follows similar targets from China and Japan
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South Korea is joining China and Japan in setting a deadline to zero-out carbon emissions.
The Asian country is targeting to become carbon neutral by 2050, President Moon Jae-in said during a speech in parliament on Wednesday. His pledge comes after the nation revealed a 42.7 trillion won ($38 billion) plan, known as the Green New Deal to boost low-carbon power sources and foster green industries amid an effort to triple renewable electricity generation by 2025.