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Business

S. Korea to provide US$315bil in policy loans for carbon emission cut

Seoul has pledged to reduce its greenhouse gas emissions by 37% from business-as-usual levels. — Reuters

SEOUL: South Korea’s financial regulator unveiled an ambitious plan yesterday to provide 420 trillion won (US$315bil) in policy loans by 2030 to help reduce greenhouse gas emissions.

Seoul has pledged to reduce its greenhouse gas emissions by 37% from business-as-usual levels.

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SouthKoreaGreenPlan , ClimateChangeAction , PolicyLoans , CarbonNeutrality , GreenGrowth , FinancialRegulation

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