Nuclear resurgence locked and loaded as SMRs lead the way to a new finance era -IEA
Nuclear energy is set to see a resurgence for a complex conflagration of drivers including decarbonisation plans coupled with the need for reliable baseload power, new electricity demand from the computing sector, nations’ interest in energy self-sufficiency, and a projected fall in costs for new types of nuclear energy like small modular reactors (SMRs), according to the International Energy Agency (IEA).
Read MoreResearchers flag gaps in nature-related disclosures in Asia-Pacific
A study on corporate reporting in the Asia-Pacific region has found that only a quarter of surveyed companies believe biodiversity issues impact their business, with South Korea, Vietnam, and China among the countries with the biggest gaps in nature-related disclosures.
Read MoreResearchers say they may have cracked the blue hydrogen code
Korean researchers believe they may have found a lower cost approach to make hydrogen from natural gas and then liquefy it for export with the same carbon profile than hydrogen made from water and renewable energy.
Read MoreSouth Korea to launch infrastructure fund for green marine fuel development
South Korea is planning an infrastructure fund worth one trillion won ($683 mln) to build an eco-friendly marine fuel supply chain by 2030.
Read MoreSouth Korea to provide $300 mln preferential loans for green transition investments
South Korea is seeking to provide preferential loans to small and medium enterprises (SMEs) that have green transition plans.Â
Read MoreSouth Korea, Honduras sign REDD+ partnership
South Korea and Honduras have signed a deal to strengthen their collaboration on REDD+ projects, as Seoul seeks to extensively source forest-based carbon credits to meet its 2030 national climate targets.
Read MoreTailored climate finance policies seen key to emissions cuts, but barriers persist
Climate-related financial policies (CRFPs) have shown significant progress in reducing carbon emissions and boosting renewable energy production, particularly in advanced economies, though barriers remain in developing nations.
Read MoreSouth Korean gas project risks “astronomical” carbon costs, environmentalists warn
A planned large-scale natural gas field backed by the government could be an unworthy investment for South Korea, considering the potential carbon cost and declining gas demand, an environmental group has argued.
Read MoreBeverage giant launches third round of APAC emissions reduction innovation grant programme
A global food and beverage multinational has kicked off its third annual sustainability incubator programme, offering grants to pilot projects focussed on sustainable agriculture, climate tech, and GHG emissions reduction.
Read MoreSouth Korea may see marked increase in producer prices due to carbon tax -report
South Korea is likely to see a marked increase in producer prices if a carbon tax is implemented in the future for its climate goals, but accelerating renewable power output could substantially minimise the cost burden, according to a recent report.
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