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South Korean Impact Investor Launches 400 Million Won Fund for Plastic Recycling Startups

South Korean Impact Investor Launches 400 Million Won Fund for Plastic Recycling Startups

SEOUL, Aug. 31 (Korea Bizwire) – In a bold move to boost the circular economy for plastics, Korea Social Investment Foundation (KSI), a public interest corporation and impact investor, has announced a 400 million won interest-free loan program for startups specializing in innovative technologies and solutions for recycling transparent PET bottles. The initiative, revealed on August [...]

Global Warming and Increased Travel Fuel Spread of Insect-Borne Diseases

Global Warming and Increased Travel Fuel Spread of Insect-Borne Diseases

SEOUL, Aug. 31 (Korea Bizwire) –With climate change altering ecosystems and international travel surging, insect-borne diseases are expanding their reach across the globe, raising concerns among health officials and researchers. The online news outlet Axios reported on August 29 that mosquito-transmitted illnesses, once confined to specific regions, are now crossing continents and affecting populations previously [...]

South Korean Court Recognizes Government’s Climate Responsibility, but Stops Short of Mandating Specific Targets

South Korean Court Recognizes Government’s Climate Responsibility, but Stops Short of Mandating Specific Targets

SEOUL, Aug. 30 (Korea Bizwire) – The Constitutional Court of South Korea made a significant ruling on August 29, declaring Article 8, Paragraph 1 of the Framework Act on Carbon Neutrality unconstitutional. This decision marks the first time the court has recognized that inadequate government response to the climate crisis can be viewed as a violation [...]

Subtropical Marine Life Makes Surprise Appearances off South Korea’s East Coast

Subtropical Marine Life Makes Surprise Appearances off South Korea’s East Coast

POHANG, Aug. 29 (Korea Bizwire) – In a series of unusual sightings that experts say may be linked to climate change, several subtropical marine species have been spotted in the waters off Pohang, a coastal city in North Gyeongsang Province. On August 26, local fishermen reported seeing a pod of false killer whales in the sea [...]

LG Chem’s Seagrass Restoration Project Shows Promising Results in South Korean Waters

LG Chem’s Seagrass Restoration Project Shows Promising Results in South Korean Waters

SEOUL, Aug. 28 (Korea Bizwire) – LG Chem, a leading South Korean chemical company, has reported encouraging progress in its seagrass restoration project off the coast of Yeosu, where the company has a major facility. The interim monitoring results, released on August 27, reveal a steady increase in both the area covered by seagrass beds and [...]

LG Electronics Launches Resource Recycling Education for South Korean Youth

LG Electronics Launches Resource Recycling Education for South Korean Youth

SEOUL, Aug. 26 (Korea Bizwire) – LG Electronics announced on August 25 that it will provide resource recycling education to approximately 500 students from 12 elementary, middle, and high schools in Incheon by next month. This initiative aims to raise awareness about resource circulation among future generations by introducing the concept and significance of recycling in [...]