JEJU, Jan. 10 (Korea Bizwire) — Hot Pink Dolphins, a marine conservation organization, issued a statement on January 9 calling for swift parliamentary passage of an amendment to Jeju’s Special Act that would introduce a groundbreaking “ecological corporation” system. The proposed amendment, currently awaiting review by the National Assembly’s Public Administration and Security Committee, would allow [...]
SEOUL, Jan. 10 (Korea Bizwire) — The season’s coldest weather peaked Friday morning, with temperatures in the Gangwon and northern Gyeonggi provinces plummeting below minus 20 C, the state weather agency said. The morning temperatures in Pyeongchang, Gangwon Province, and Gapyeong, Gyeonggi Province, plunged to minus 24.9 C and minus 21.1 C, respectively, at 7 [...]
SEOUL, Jan. 10 (Korea Bizwire) — In 2024, the number of publicly listed companies on South Korea’s main stock exchange voluntarily disclosing sustainability reports rose by nearly 30%, reflecting growing awareness of environmental, social, and governance (ESG) principles. The Korea Exchange reported on January 9 that 204 companies listed on the KOSPI voluntarily released sustainability [...]
SEOUL, Jan. 9 (Korea Bizwire) — The season’s coldest weather gripped the nation on Thursday with temperatures plunging below minus 10 C in Seoul and the northern regions. As of 8 a.m. the lowest temperature in Seoul was minus 10.2 C and the lowest apparent temperature minus 16.7 C, according to the Korea Meteorological Administration [...]
SEOUL, Jan. 9 (Korea Bizwire) – The year 2024 was the warmest year in South Korea since modern record-keeping began 113 years ago, the state weather agency said Thursday, citing a surge in sea surface temperatures. The Korea Meteorological Administration (KMA) said the average annual temperature last year was 14.5 C, which is 2 C [...]
JEONJU, Jan. 9 (Korea Bizwire) — By 2090, climate change could enable the cultivation of subtropical crops such as tea trees for green tea and olive trees in regions as far north as Gangwon Province, according to projections released by the Rural Development Administration (RDA) on Wednesday. Expanding Cultivation Areas Currently, tea trees are grown [...]
DAEJEON, Jan. 8 (Korea Bizwire) — A recent study has revealed that forest therapy significantly benefits the mental health of pregnant women and enhances their attachment to their unborn children. The Korea Forest Welfare Institute (KFWI), under the Korea Forest Service, announced on January 17 the results of its Healthy Birth, Happy Family initiative, launched [...]
SEOUL, Jan. 8 (Korea Bizwire) — South Korea will invest 86.2 billion won (US$59.3 million) this year for the development of technologies that will help tackle climate change, the science ministry said Wednesday. With the investment, the country will work to develop technologies that will help respond to global warming, along with those related to [...]
SEOUL, Jan. 2 (Korea Bizwire) – South Korea’s Ministry of Environment announced on January 1 a series of policy changes for 2025, including enhanced subsidies for young buyers of electric vehicles (EVs) and expanded environmental initiatives. Young individuals aged 19 to 34 purchasing their first EV will now receive a 20% additional subsidy on top [...]
SEOUL, Jan. 1 (Korea Bizwire) — Power companies in South Korea will face tougher carbon emissions rules starting in 2026, with a significant increase in the portion of greenhouse gas allowances they must purchase at auction. The move is part of the government’s plan to strengthen its emissions trading system and accelerate efforts to combat climate [...]