S.Korea, Laos boost partnership in global drive to cut CO2 emissions

Seoul proposes concluding a bilateral memorandum of understanding to that end

S.Korea, Laos boost partnership in global drive to cut CO2 emissions
Han-Shin Park 1
2023-08-08 10:01:28 phs@hankyung.com
Carbon neutrality

South Korea's Ministry of Trade, Industry and Energy on Tuesday held talks with Laos' Ministry of Natural Resources and Environment at the Seoul headquarters of the Korea Trade-Investment Promotion Agency (KOTRA) on bilateral cooperation in the global campaign to cut greenhouse gas emissions in industry and energy.

The meeting's purpose was to boost South Korea's partnership for such cooperation with Laos, which promotes sustainable power development and a green growth policy.

Seoul proposed to build a collaborative system to that effect through conclusion of a memorandum of understanding on finding strategic areas of cooperation and pursuing pilot projects.
 
Vientiane agreed that reducing CO2 emissions worldwide is necessary to expand future-oriented cooperation between the two countries.

In addition, Laos requested South Korea's support to strengthen the former's systems and capacity to cut global greenhouse gases.

Attending the meeting in Seoul were eight officials from the ministry, KOTRA and Korea Energy Agency and nine from the Lao ministries of natural resources and environment, industry and commerce, energy and mines, agriculture and forestry, and public works and transport.

Since holding director-general-level bilateral meetings in May with seven countries in Hanoi, Vietnam, the South Korean ministry has promoted forming an intergovernmental cooperation system for the global campaign through a conference last month with Lao Ambassador to Seoul Songkane Luangmuninthone chaired by Minister for Trade Ahn Duk-geun.

In November, Busan will host the event Global Net Zero Connection to prepare for South Korea taking a leading role in the global campaign to cut greenhouse gases.

Write to Han-Shin Park at phs@hankyung.com

Hyundai, Kia deploy CO2 emission monitor system for cooperative firms

Hyundai, Kia deploy CO2 emission monitor system for cooperative firms

South Korea's Hyundai Motor Co. and Kia Corp. revealed on Friday their AI-integrated, blockchain-enabled Supplier CO2 Emission Monitoring System (SCEMS) designed to manage carbon emissions data from their business partners.The system calculates emissions across partners' supply chains, promisi

Samsung Biologics, Celltrion pledge major CO2 cuts

Samsung Biologics, Celltrion pledge major CO2 cuts

The bird view of Samsung BioLogics'  No. 4 Plant South Korea’s No. 1 biopharmaceutical company Samsung BioLogics Co. and No. 2 Celltrion Inc. produced higher CO2 emissions last year than in 2021 due to facility expansion to raise capacity, an inevitability in the process of business

SK Ecoplant aims to cut CO2 emissions from fuel cell power generation

SK Ecoplant aims to cut CO2 emissions from fuel cell power generation

Courtesy of SK Ecoplant  South Korea's SK Ecoplant Co. on Monday said it is conducting a project to recycle a small amount of carbon generated when a fuel cell produces electricity.For use by clients, the company started verification of technology for capturing and liquefying carbon from a

KT&G completes elementary school in Laos with employee donations

KT&G completes elementary school in Laos with employee donations

KT&G builds an elementary school in Laos KT&G, South Korea's dominant tobacco company,  announced on Monday that along with South Korea's non-profit organization Sharing Culture & Arts it has built an elementary school in Nonkeo village, Vientiane, the capital city of Laos, and

(* comment hide *}