Launch of the 'Global Technology Cooperation Council' for Carbon Neutrality Response

Government Actively Promotes International Technology Cooperation for Carbon Neutrality Centered on Public Research Institutions

[Sejong=Asia Economy Reporter Kwon Haeyoung] The government has decided to actively promote international technology cooperation for carbon neutrality centered on public research institutions.

On the 24th, the Ministry of Trade, Industry and Energy held an inauguration ceremony for the 'Global Technology Cooperation Council' to respond to carbon neutrality at the Grand Hyatt Hotel in Seoul.

The Global Technology Cooperation Council was launched to effectively support open innovation such as overseas technology adoption and international joint research by companies, centered on public research institutes that have networks with excellent overseas research institutions. In a situation where global cooperation is becoming important regarding carbon neutrality, it is meaningful in promoting overseas technology cooperation for domestic small and medium-sized enterprises (SMEs) and mid-sized companies that lack global capabilities and networks.

International technology cooperation for carbon neutrality has the advantage of enabling shortened development periods and early commercialization by collaborating with various entities, especially when there is a high risk of independent development and the original technology is overseas. Through prior global research and development (R&D) cooperation, it is expected to establish overseas and international standards early and serve as a stepping stone to lead the global market.

Public research institutes for six carbon-intensive industries form the council, and considering companies' accessibility, the Korea Institute for Advancement of Technology (KIAT) will take charge of the general support group.

At the meeting, each institution announced its future international cooperation support plans, including candidate groups for overseas technology adoption and cooperation in carbon neutrality technology fields and directions for planning international joint R&D.

Along with this carbon neutrality global cooperation support, the Ministry of Trade, Industry and Energy plans to operate the 'Carbon Neutrality Technology Innovation Support Group,' which closely supports domestic SMEs and mid-sized companies' carbon neutrality technology development by actively utilizing various resources such as technology, infrastructure, and personnel from public research institutions.

Park Jin-gyu, 1st Vice Minister of the Ministry of Trade, Industry and Energy, said, "Regarding carbon neutrality technology development, it is necessary to strategically promote open innovation on a global scale," and added, "I hope each institution will devote their capabilities and projects to actively support private-sector-led global cooperation."

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