South Korea to raise emissions reduction target to 40% by 2030 – Times of India

Seoul: The government of South Korea said on Friday that it would greenhouse gas reduction target As part of efforts to achieve carbon neutrality by 2050, from 26.3 percent to 40 percent by 2030. The revised Nationally Determined Contribution (NDC) was proposed by the ruling party in June and will be officially presented on the 26th. United Nations Climate Change Conference in Glasgow in November, with a government plan presented to the United Nations in December.
President of South Korea moon jae-in has proposed a “Green New Deal” that aims to help its country bounce back from covid-19 pandemic While ultimately reaching the goal of zero emissions by 2050.
“I believe we are living in an unprecedented era that we have never seen or heard of,” Jean Yue-chan, chairman of the Presidential Committee on Carbon Neutrality, said Friday in a televised conference call, Intergovernmental Note the evaluation report from the panel. Climate Change (IPCC) concluded that mankind has been living in atmospheric CO2 concentrations higher than at any time in at least 2 million years.
Environmental groups have welcomed South Korea’s pledge to reduce emissions, but have criticized the targets as little.
Seoul-based Solutions for Our Climate says provisional target still insufficient to meet goals of the paris agreement And irresponsibly relying on foreign deductions.
“Korea needs to have at least a 59% domestic reduction in emissions below 2017 levels by 2030 in order to do its fair share under the Paris Agreement,” Jujin Kim, managing director of the advocacy group, said in a statement.
“Korea lags behind many advanced economies committed to at least halving their emissions by the end of the decade.”
South Korea’s government said in a statement that the revised NDC is “a very bold objective compared to other countries”.
When the 40% target was first proposed in the summer, climate action tracker said it represents a significant improvement over the country’s initial 2030 target, but is not yet in line with what is needed to reach the global level Paris Agreement aim.

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