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South Korea Proposes Greenhouse Gas Reduction Plans

(MENAFN) South Korea on Thursday revealed two strategies aimed at slashing greenhouse gas emissions by roughly 50-60% by 2035 compared to 2018 figures, according to a news agency.

The government introduced these strategies during a public consultation.

The first plan targets a 50-60% reduction in emissions, while the second, slightly more ambitious, aims for a 53-60% decrease.

Seoul is anticipated to finalize its decision next week regarding which plan will be submitted to the United Nations.

In 2018, South Korea’s emissions reached 742.3 million tons, meaning the nation would need to cut emissions to approximately 371 million tons by 2035 to achieve the minimum reduction target.

Last year’s projected emissions stood at 691.6 million tons, significantly above the 2035 baseline goal.

South Korea is expected to present its updated nationally determined contribution (NDC) under the Paris Agreement to the UN later this month.

These plans, required to be updated every five years, outline countries’ efforts to curb greenhouse gas emissions.

Previously, in 2021, South Korea submitted its NDC for 2030 to the UN, committing to reduce greenhouse gas emissions by 40% from the 2018 levels.

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