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S. Korea to invest 86.2 bln won in developing new technologies to address climate change


//science-technology.news-articles.net/content/2 .. -new-technologies-to-address-climate-change.html
Published in Science and Technology on Wednesday, January 8th 2025 at 4:22 GMT by MSN   Print publication without navigation

  • South Korea will invest 86.2 billion won (US$59.3 million) this year for the development of technologies that will help tackle climate change, the science ministry said Wednesday. With the investment,

South Korea has announced plans to invest 86.2 billion won (approximately $63.7 million) in developing new technologies aimed at addressing climate change. This investment will focus on creating innovative solutions in areas such as carbon capture, utilization, and storage (CCUS), renewable energy, and energy efficiency. The initiative is part of a broader strategy to achieve carbon neutrality by 2050, as outlined by the Ministry of Science and ICT. The funding will support research and development projects, encourage private sector participation, and foster international collaborations to enhance technological advancements in combating global warming.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/topstories/s-korea-to-invest-86-2-bln-won-in-developing-new-technologies-to-address-climate-change/ar-AA1x8QwL ]

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