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As A.I. Fuels an Energy Quandary, Climate Tech Emerges as a Potential Solution

As A.I. Fuels an Energy Quandary, Climate Tech Emerges as a Potential Solution

SEOUL, Jun. 20 (Korea Bizwire) – As the rapid advancement of artificial intelligence (A.I.) drives a surge in power consumption within data centers, the development of digital technologies poses a dilemma for a sustainable future. Amid this challenge, so-called “climate tech” has garnered attention as a promising solution. Climate tech refers to digital technology innovations, such [...]

S. Korea to Invest 145 tln Won in Climate Tech Industry by 2030

S. Korea to Invest 145 tln Won in Climate Tech Industry by 2030

SEOUL, June 22 (Korea Bizwire) — South Korea will invest 145 trillion won (US$112.38 billion) in nurturing the climate technology industry by 2030 and extend various supportive measures to achieve 100 trillion-won worth of exports in the sector, the industry ministry said Thursday. They are part of a set of strategies the government announced earlier [...]