South Korea's Ministry of Climate, Energy and Environment is recruiting 20 leading companies and industrial complexes for its new circular economy initiative, offering financial and regulatory support to firms advancing waste recycling and sustainable resource use.
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Ministry of Climate, Energy and Environment Seeks Leading Circular Economy Companies—Support for Waste Resource Recycling and More
South Korea's Ministry of Climate, Energy and Environment is recruiting 20 leading companies and industrial complexes for its new circular economy initiative, offering financial and regulatory support to firms advancing waste recycling and sustainable resource use.
Yonhap InfomaxSouth Korea will invest 580 billion won ($445 million) in 2026 to accelerate hydrogen vehicle adoption, targeting over 7,800 new units and expanded refueling infrastructure, with cumulative sales set to surpass 50,000 units.
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Government to Provide 580 Billion Won in Hydrogen Vehicle Subsidies This Year—Cumulative Total to Surpass 50,000 Units
South Korea will invest 580 billion won ($445 million) in 2026 to accelerate hydrogen vehicle adoption, targeting over 7,800 new units and expanded refueling infrastructure, with cumulative sales set to surpass 50,000 units.
Yonhap InfomaxSouth Korea has announced a comprehensive strategy to cut plastic waste by 30% by 2030, targeting a reduction to 7 million tons through source reduction and expanded recycling, as annual plastic waste is projected to exceed 10 million tons.
#YonhapInfomax #PlasticWaste #SouthKorea #Recycling #2030Target #MinistryOfClimateEnergyAndEnvironment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=96845
South Korea Targets 30% Reduction in Plastic Waste by 2030 as Annual Disposals Set to Exceed 10 Million Tons
South Korea has announced a comprehensive strategy to cut plastic waste by 30% by 2030, targeting a reduction to 7 million tons through source reduction and expanded recycling, as annual plastic waste is projected to exceed 10 million tons.
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President Lee Questions Focus on Offshore Wind - 'Why Pursue Costlier Offshore Wind Over Cheaper Solar?'
President Lee Jae-myung questioned the economic rationale for prioritizing offshore wind power over solar, citing higher costs, while officials outlined plans to lower offshore wind generation costs through scale by 2035.
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'6GW Deployment Target by 2030'—South Korean Government Ramps Up Onshore Wind Expansion
South Korea targets a sixfold increase in onshore wind capacity to 6GW by 2030, aiming to cut costs and streamline regulations as part of its green energy transition.
Yonhap InfomaxSouth Korea’s annual electric vehicle supply surpassed 200,000 units for the first time, driven by early subsidy policies and new model launches, with the government pledging stronger support to boost EV and hydrogen vehicle adoption and industry competitiveness.
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Annual EV Adoption Surpasses 200,000 Units—Government Pledges Enhanced Support
South Korea’s annual electric vehicle supply surpassed 200,000 units for the first time, driven by early subsidy policies and new model launches, with the government pledging stronger support to boost EV and hydrogen vehicle adoption and industry competitiveness.
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Gyeonggi, Busan, Jeonnam, and Jeju Designated as Distributed Energy Special Zones
South Korea has designated Gyeonggi, Busan, Jeonnam, and Jeju as Distributed Energy Special Zones, enabling direct power trading and new business models to boost local renewable energy use and efficiency.
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