September 11, 2023 13:21
Korea will contribute US$300 million to the Green Climate Fund to address climate crises and related initiatives, President Yoon Suk-yeol announced at the G20 summit in New Delhi over the weekend.
Yoon also pledged official development assistance of $300 million for Ukraine next year and an additional $2 billion from 2025 onwards.
"Korea will act as the 'green ladder' which supports countries that are vulnerable to climate change," Yoon said in a speech at the opening session.
He also emphasized Korea's commitment to leading the transition to clean energy based on nuclear and hydrogen energy generation technologies. He stressed the need to decarbonize international shipping and pledged to actively participate in developing low-carbon and zero-carbon ships, as well as eco-friendly port infrastructure.
Yoon returned home on Monday morning.
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