How will South Korean PM balance emission reduction goals for 2035?
Synopsis
Key Takeaways
- South Korean PM Kim Min-seok emphasizes a balanced approach to emission targets.
- The government seeks input from civil and industrial sectors.
- Proposals include reducing emissions by 50-60% or 53-60% by 2035.
- Final decisions will be made in upcoming Cabinet meetings.
- Compliance with international standards is a priority.
Seoul, Nov 9 (NationPress) The Prime Minister of South Korea, Kim Min-seok, pledged on Sunday that the government will take into account the requests from both civil society and industry as it formulates the nation's greenhouse gas emission reduction target for 2035.
During a crucial policy consultation meeting between the ruling party and the government, Kim stated, "In line with the Constitutional Court's ruling, we aim to gather insights that reflect the viewpoints of the global community, local civic organizations, and industrial players." This was reported by the Yonhap News Agency.
Recently, the government revealed two proposals for the nationally determined contribution (NDC) by 2035, with one set to be presented to the United Nations.
The first option proposes a reduction of greenhouse gas emissions by 50 to 60 percent by the target year, while the second option suggests a reduction of 53 to 60 percent.
Following this announcement, various industry and environmental groups expressed their concerns regarding the proposed targets, arguing that they may be either too ambitious or insufficient.
In an August ruling last year, the Constitutional Court emphasized that emission reduction targets must adhere to scientific and international standards, while also ensuring that future generations are not unduly burdened.
The government plans to finalize the proposal within the week, following discussions at the ruling party-government consultation meeting, deliberation by a presidential committee, and subsequent approval by the Cabinet.
On November 6, the South Korean government announced its commitment to cut greenhouse gas emissions by at least 50 percent by 2035 compared to 2018 levels.
During a public hearing, two proposals for the NDC by 2035 were presented, with one being submitted to the United Nations.
The first option requires a minimum reduction of 50 percent and a maximum of 60 percent, while the second option is slightly more ambitious at a minimum of 53 percent and a maximum of 60 percent by the target year, according to the Ministry of Climate, Energy and Environment.
In 2018, South Korea's greenhouse gas emissions totaled 742.3 million tons. To achieve a 50 percent reduction from the 2018 level, emissions would need to drop to 371.2 million tons by 2035.
Last year, South Korea's greenhouse gas emissions were estimated at 691.6 million tons, significantly surpassing the minimum target for 2035.
The government aims to finalize its NDC goal at a Cabinet meeting next week, with the new target to be submitted to the UN the following week.
The NDC refers to a climate action framework that countries are obligated to update every five years under the Paris Agreement to detail their approaches to reducing greenhouse gas emissions.