2023-09-09 08:14:48
Attend G20 ‘One Earth’ session and reveal measures to respond to climate crisis “Spurring development of SMR… “Hope for nuclear power plant cooperation for energy security” Clean energy cooperation, green shipping route construction initiative introduced
▲ President Yoon attending the ‘One Earth’ session of the G20 Summit
President Yoon Seok-yeol is attending ‘One Earth’, Session 1 of the G20 Summit held at the Bharat Mandapam International Convention Center in New Delhi, India, on the 9th (local time). On the left is Japanese Prime Minister Fumio Kishida, and on the far right is Russian Foreign Minister Sergey Lavrov. Jakarta Yonhap News Agency President Yoon Seok-yeol said at the G20 summit held in New Delhi, India on the 9th (local time) that he would donate an additional $300 million (approximately KRW 400 billion) to the Green Climate Fund (GCF) to support climate change in developing countries. “We will help adapt to changes and reduce greenhouse gases,” he said.
President Yoon said this at the G20’s first session, ‘One Earth’, saying, “The Republic of Korea will serve as a ‘green ladder’ to support countries vulnerable to climate change.”
Korea’s contribution plan to respond to the climate crisis introduced by President Yoon at the G20 includes ▲expanding GCF contribution ▲leading international cooperation for the transition to clean energy ▲establishing global green shipping routes.
The $300 million contribution to the GCF announced by President Yoon will be made during the second financial replenishment period from 2024 to 2027. GCF was launched in 2013 with a secretariat in Songdo, Incheon, and Korea has contributed a total of $300 million twice during the first replenishment period. With President Yoon’s announcement today, Korea will contribute the same amount as the existing amount at once. President Yoon also emphasized, “We look forward to active contributions from the G20 level to the GCF.”
President Yoon then announced that he would lead international cooperation for the transition to clean energy, saying, “I will lead the transition to clean energy, focusing on nuclear power generation and hydrogen energy.” President Yoon said, “The Republic of Korea, which possesses the world’s highest level of nuclear power plant technology, is also accelerating the development of small modular nuclear power plants (SMRs), the next-generation nuclear power plant.” He added, “We are actively cooperating with countries that want to strengthen energy security while reducing greenhouse gas emissions.” “I hope so,” he said. He also mentioned that Korea is number one in the world in the distribution of hydrogen vehicles and added, “To lead the hydrogen economy, we will take the lead in global collaboration to establish technological cooperation and international standards throughout the entire production and utilization cycle.” ▲ G20 Summit welcome event President Yoon Seok-yeol attended
President Yoon Seok-yeol is shaking hands with Indian Prime Minister Narendra Modi at the welcoming event for the G20 summit held at the Bharat Mandapam International Convention Center in New Delhi, India on the 9th (local time). – New Delhi Yonhap News Global Green Shipping Route Regarding construction, President Yoon said, “The key to decarbonizing international shipping is the establishment of green shipping routes,” and added, “Korea will pursue eco-friendly shipping solutions that encompass the development of low-carbon and zero-carbon ships and the construction of eco-friendly port infrastructure.” A high-ranking official from the Presidential Office added, “We are looking forward to enhancing Korea’s global status as a leading country in responding to the climate crisis by presenting a vision to expand Korean-style eco-friendly shipping solutions and to provide a growth engine for new industries in related fields.”
Reporter Ahn Seok, New Delhi
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