Carbon Neutrality News - Latest Updates & Headlines

Hyundai Motor planning to build 1st local hydrogen fuel cell plant

Seoul, March 11: Hyundai Motor plans to build its first hydrogen fuel cell systems plant in South Korea for the start of operations in 2028, the company's labour union claimed on Tuesday.

South Korea to supply 70 pc of electricity through carbon-free energies in 2038

Seoul, Feb 21: Carbon-free energy sources, including nuclear power and renewable energies, will account for over 70 per cent of South Korea's annual power generation by 2038 under the new national energy plan, the industry ministry said on Friday.

South Korea to invest $88.6 mn won for technologies to achieve carbon neutrality

Seoul, Feb 5: The government will spend 129.3 billion won ($88.6 million) this year to support projects aimed at developing technologies that will help achieve carbon neutrality and ensure a stable supply of energy, the industry ministry said on Wednesday.

Climate adaptation to cost France 1% of GDP by 2030

Paris, January 28: Adapting to climate change could lead to a "temporary and moderate economic slowdown" and cost France nearly one percent of its GDP by 2030, according to a report by the French Directorate General of the Treasury.

S. Korea to invest $59.3 mn for developing climate tech in 2025

Seoul, Jan 8: South Korea will invest 86.2 billion won ($59.3 million) this year for the development of technologies that will help tackle climate change, the science ministry said on Wednesday.