Citibank Korea sees growing role for finance in carbon neutrality push

Carbon neutrality is no longer optional but a sweeping shift reshaping economies and societies, Citibank Korea Managing Director Kim Kyoung-ho said, calling for greater participation by financial institutions in green finance.

2026-04-16

Green and lucrative: Localities create 'carbon assets' to cut emissions, earn revenue with tradable credits

As demands for carbon neutrality and emissions reductions increase, local governments are jumping into projects to create “carbon assets.” Even cities are also using parks and idle land to cut emissions and secure tradable carbon credits for revenue.

2026-04-11

Gov't discusses response to EU's industrial accelerator bill impacting local industries

The Ministry of Trade, Industry and Resources held a meeting with local industry representatives Thursday to discuss their response to a new industrial capacity building bill by the European Union expected to affect Korean companies.

2026-03-05

Korean Air reduces carbon emissions in 2025 despite increased flights

Korean Air's carbon emissions from flight operations dropped 3.3 percent from a year earlier in 2025 despite an increase in the number of flights, the company said Friday.

2026-02-27

In the Arctic, the major climate threat of black carbon is overshadowed by geopolitical tensions

As rising global temperatures speed up the melting of sea ice in the Arctic Ocean, it has set off a boom of ships taking routes that were previously frozen and not traversable.

2026-02-10

Nearly 4 in 10 firms participating in RE100 initiative face difficulties in sourcing renewable power

Nearly 40 percent of Korean companies participating in the global Renewable Energy 100 percent (RE100) initiative are struggling to source renewable energy due to high costs and limited procurement options, a report showed Tuesday.

2026-01-20

Gov't discusses response to EU's carbon tax policy with steel industry

The Ministry of Trade, Industry and Resources held a meeting with the steel industry on Thursday to discuss response measures to the European Union's carbon tax policy launched this year, officials said.

2026-01-08

Winter could disappear, heat waves may triple if we don't mend our ways, Korea's climate agency data suggests

Seoul’s winters may last a mere 12 days per year by 2081, while the number of extremely hot days and tropical nights may surge to more than 90 annually, according to a new forecast.

2025-12-22

Korea aims to cut carbon emissions at int'l airports by 10% by 2030

Korea aims to cut carbon emissions at its international airports by 10 percent by 2030 while expanding the use of sustainable aviation fuel (SAF), a government report showed Sunday.

2025-12-21

Gov't to hold energy conference with German partners on carbon neutrality

The government plans to hold an energy conference Tuesday in Seoul with German energy officials and experts to discuss ways to achieve net zero carbon emissions and expand the use of renewable energy, the Climate Ministry said.

2025-12-02

korea joongAng daily