Asia Pacific > South Korea to phase down subsidies for biomass due to environmental concerns

South Korea to phase down subsidies for biomass due to environmental concerns

Published 11:31 on December 19, 2024  /  Last updated at 11:31 on December 19, 2024  / /  Asia Pacific, Biodiversity, South Korea

South Korea announced Wednesday it will phase down subsidies for private and state-owned biomass facilities following widespread criticism over their impact on climate as well as the industry's role in fuelling deforestation.
South Korea announced Wednesday it will phase down subsidies for private and state-owned biomass facilities following widespread criticism over their impact on climate as well as the industry's role in fuelling deforestation.


A Carbon Pulse login is required to read this content. Register today to access all biodiversity content in full for free.
You can also apply for a FREE TRIAL of our subscription service, for unrivalled news and intelligence on carbon markets and net zero as well as biodiversity. See what we offer.
If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.