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Bank of Korea Warns of 21% GDP Drop by 2100 Without Climate Action

Bank of Korea Warns of 21% GDP Drop by 2100 Without Climate Action

SEOUL, Nov. 5 (Korea Bizwire) – South Korea’s economy could face severe long-term consequences if it fails to adequately address the climate crisis, with projections showing an annual growth rate decline of 0.3 percentage points and a 21% drop in GDP by 2100, according to a new report from the Bank of Korea. The central bank [...]

Jeju Island Phases Out Palm Trees, Ending 40-Year Tropical Streetscape Era

Jeju Island Phases Out Palm Trees, Ending 40-Year Tropical Streetscape Era

JEJU, Nov. 5 (Korea Bizwire) – In a significant shift from its 1980s urban planning, Jeju Island is gradually removing its iconic palm trees from city streets, marking the end of an era in the island’s landscape design. The Jeju City government announced on November 4 that it plans to replace approximately 100 Washington palm trees [...]

South Korean Seaweed Hub Wando Draws Global Attention for Carbon Capture Potential

South Korean Seaweed Hub Wando Draws Global Attention for Carbon Capture Potential

WANDO, Nov. 4 (Korea Bizwire) – Wando County, South Korea’s premier marine products region, is gaining international recognition for its seaweed farming industry’s potential role in combating climate change through carbon sequestration. The region, known for its pristine waters, produces 800,000 tons of seaweed annually – including kim (laver), miyeok, dashima (kelp), tot, and maesaengi – [...]

South Korean Island Plans to Convert Food Waste Into Hydrogen Fuel

South Korean Island Plans to Convert Food Waste Into Hydrogen Fuel

JEJU, Nov. 1 (Korea Bizwire) – Jeju Island, South Korea’s popular tourist destination, is advancing an ambitious plan to transform food waste into hydrogen fuel, marking a significant step in the nation’s renewable energy initiatives.  The Ministry of Environment is in discussions with Jeju provincial authorities to designate the island as the primary candidate for a [...]

After 20 Years, South Korea’s Endangered Moon Bears Make a Remarkable Recovery

After 20 Years, South Korea’s Endangered Moon Bears Make a Remarkable Recovery

SEJONG, Oct. 30 (Korea Bizwire) – Two decades after launching an ambitious species restoration project, South Korea has succeeded in bringing its native Asiatic black bears, also known as moon bears, back from the brink of extinction. The population has grown to approximately 80 bears in the wild, marking a significant conservation milestone.  These bears, which [...]

Climate Crisis Fuels Food Price Surges in South Korea as Weather Disrupts Agriculture

Climate Crisis Fuels Food Price Surges in South Korea as Weather Disrupts Agriculture

SEOUL, Oct. 28 (Korea Bizwire) – In an unprecedented sign of climate disruption, South Korean authorities issued 681 extreme heat warnings across the country during and immediately after the autumn Chuseok holiday on September 18-19. The heat was so unusual for autumn that some joked the harvest festival should be renamed from “Chuseok” (Autumn Evening) to [...]

Award-Winning Wetland Faces Destruction as Controversial Bridge Project Breaks Ground in Busan

Award-Winning Wetland Faces Destruction as Controversial Bridge Project Breaks Ground in Busan

BUSAN, Oct. 27 (Korea Bizwire) – A crucial wetland habitat known as “Swan Lake and Sky Pond” in Busan has been selected for the 22nd “Let’s Protect This Place!” citizens’ campaign award by the Korea National Trust, just as it faces destruction from a controversial bridge project. The site, located in the Nakdong River estuary, represents [...]

Majority of South Koreans Support Extending Animal Protection Laws to Fish, Survey Shows

Majority of South Koreans Support Extending Animal Protection Laws to Fish, Survey Shows

SEOUL, Oct. 25 (Korea Bizwire) – Eight out of ten South Koreans believe the country’s animal protection laws should be extended to include fish raised for food consumption, according to a new survey highlighting growing public awareness of aquatic animal welfare. The Animal Welfare Awareness Research & Education (AWARE) released findings on October 24 from its [...]

Majority of South Korea’s Wild Asiatic Black Bears Unaccounted for, Raising Concerns

Majority of South Korea’s Wild Asiatic Black Bears Unaccounted for, Raising Concerns

SEOUL, Oct. 18 (Korea Bizwire) – More than half of South Korea’s wild Asiatic black bears, also known as moon bears, are currently unaccounted for, according to data released by the Ministry of Environment. The report, obtained by Democratic Party lawmaker Lee Yong-woo of the National Assembly’s Environment and Labor Committee, reveals that out of 89 [...]