South Korea plans fund to support carbon projects, trade ITMOs -media

Published 13:43 on April 18, 2024  /  Last updated at 13:43 on April 18, 2024  / Nikita Pandey /  Asia Pacific, International, Paris Article 6, South Korea

South Korea is planning to develop a fund to support carbon offset projects globally to generate Internationally Transferred Mitigation Outcomes (ITMOs) that the East Asian nation can use to meet its climate goals, Bloomberg reported Thursday.
South Korea is planning to develop a fund to support carbon offset projects globally to generate Internationally Transferred Mitigation Outcomes (ITMOs) that the East Asian nation can use to meet its climate goals, Bloomberg reported Thursday.


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