S. Korea to Provide 420 Tln Won in Policy Loans for Carbon Emission Reduction by 2030
SEOUL, Mar. 19 (Yonhap) — South Korea’s financial regulator unveiled an ambitious plan Tuesday to provide 420 trillion won (US$315 billion) in policy loans by 2030 to help reduce greenhouse gas emissions. Seoul has pledged to reduce its greenhouse gas emissions by 37 percent from business-as-usual levels. “There exist concerns that the global competitiveness of [...]