SEOUL, April 17, (Korea Bizwire) — As climate change shortens South Korea’s transitional seasons and extends the summer, retail sectors are seeing shifting consumer behaviors and divergent business fortunes. While spring fashion sales slump amid erratic weather and weak consumer sentiment, electronics retailers are benefiting from an early surge in demand for summer appliances. According [...]
SEOUL, April 8 (Korea Bizwire) — Rising ocean temperatures in the distant Southern Ocean could be fueling wetter summers across East Asia, including the Korean Peninsula, according to a new international climate study published in Nature Geoscience. Led by Dr. Sara Kang of the Max Planck Institute for Meteorology in Germany and Dr. Hanjoon Kim of [...]
SEOUL, March 27 (Korea Bizwire) — With the Earth’s average temperature now 1.5 degrees Celsius higher than pre-industrial levels, climate change is no longer a distant threat but a force reshaping daily life in South Korea and around the world. Wildfires are becoming larger, more frequent, and less predictable. According to Korea’s National Forest Service, the [...]
ULJIN, South Korea, Jan. 28 (Korea Bizwire) — The effects of climate change are becoming alarmingly evident in South Korea’s forests, with the iconic Korean red pine, or Geumgangsong, suffering severe declines. In a troubling sign of the broader crisis, the 600-year-old “Great King Pine,” a national forestry treasure located in the protected forest of Sogwang-ri, [...]
SEOUL, Jan. 23 (Korea Bizwire) — South Korea’s average sea surface temperature reached an unprecedented high in 2024, surpassing the previous record set just a year earlier, according to data released by the National Institute of Fisheries Science (NIFS) on January 22. Research vessels recorded an annual average sea surface temperature of 18.74°C in South Korean [...]
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 [...]
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, 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 [...]
SEOUL, Nov. 2 (Korea Bizwire) – Over 300 millimeters of rain has pummeled the southern island of Jeju over two days this week, marking the heaviest November downpour in 101 years for the region, the weather agency said Saturday. Rainfall ranging from 150 mm to 347 mm has drenched Jeju from Friday to early Saturday [...]