Launch of Industry-Academia-Research Forum for 'Carbon Neutrality in Industry' Response

Ministry of Industry to Establish 'Carbon Neutral Industrial Great Transition Vision and Strategy' Within the Year

[Sejong=Asia Economy Reporter Kwon Haeyoung] Industry, academia, and research institutes are joining forces to find the impact of carbon neutrality on the industrial sector and policy response measures. The government will actively review the policy tasks discussed by industry, academia, and research institutes and establish the 'Carbon Neutral Industrial Transformation Vision and Strategy' within the year.

The Ministry of Trade, Industry and Energy launched the 'Carbon Neutral Industrial Transformation Strategy Forum' on the 28th in collaboration with the Korea Institute for Industrial Economics and Trade and the Korea Chamber of Commerce and Industry.

This forum was organized to analyze the impact of carbon neutrality on our industry and to discuss strategies for transitioning to a low-carbon industrial structure effectively and swiftly while maintaining manufacturing competitiveness.

At the forum, presentations were made on ▲global climate technology trends and prospects and ▲Japan's carbon neutrality policies, whose industrial structure is similar to that of Korea.

Park Hyung-geon, team leader of the Green Climate Fund, presented global climate technology trends and prospects and shared plans to expand the application of climate technology domestically through green finance.

Professor Seok Sun-hee of Nagasaki University presented Japan's mid- to long-term greenhouse gas reduction targets and carbon neutrality policy trends, noting the similarities in conditions such as a high manufacturing sector ratio with Korea. The presentation introduced Japan's carbon neutrality and green growth strategies and discussed policy tasks to utilize carbon neutrality as a new leap forward opportunity for the Korean economy and companies.

The Ministry of Trade, Industry and Energy plans to hold the Carbon Neutral Industrial Transformation Strategy Forum more than eight times by the end of this year to conduct an in-depth analysis of the impact of carbon neutrality on our industry.

Joo Young-joon, director at the Ministry of Trade, Industry and Energy, emphasized, "The government will not leave the burden on the industrial sector unattended and will provide full policy and financial support. If experts from industry, academia, and research institutes come together and pool their wisdom, carbon neutrality can be utilized as a new leap forward opportunity for our economy and companies."

This content was produced with the assistance of AI translation services.