Hyundai Motor Signs MOU for Marine Ecosystem Restoration: "Developing Seaweed Blue Carbon"
Hyundai Motor Company is participating in the Seaweed Blue Carbon Council to restore marine ecosystems. This is to take the lead in carbon reduction and climate change response through collaboration with related organizations.
On the 10th, Hyundai Motor signed a Memorandum of Understanding (MOU) for cooperation in developing seaweed blue carbon at the Jeju International Convention Center with the Ministry of Oceans and Fisheries and the Korea Fisheries Resources Agency. Key officials attending the event included Seoganghyun, Vice President of Hyundai Motor, Joseunghwan, Minister of Oceans and Fisheries, and Ichunwoo, Chairman of the Korea Fisheries Resources Agency.
Hyundai Motor has recognized the seriousness of climate change and has been reviewing the promotion of marine ecosystem restoration projects as one of its differentiated carbon offset strategies.
Through this agreement, Hyundai Motor will discuss cooperation plans for creating sea forests together with the Ministry of Oceans and Fisheries and the Korea Fisheries Resources Agency. Through this, it plans to take a more active role in marine ecosystem restoration and climate change response.
Specifically, Hyundai Motor will support research on carbon reduction effects and the development of related methodologies, and will participate in the Sea Forest Blue Carbon Council composed of academia and NGOs along with the Ministry of Oceans and Fisheries and the Korea Fisheries Resources Agency to continue cooperation.
In addition, it will select domestic coastal areas severely damaged by marine desertification and continue sea forest creation activities through seaweed planting. In particular, the Korea Fisheries Resources Agency, which participated in this agreement, currently has experience in creating sea forests in a total of 228 locations covering approximately 292㎢.
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Vice President Seo said, "We will cooperate with marine specialized institutions to not only create sea forests but also promote the carbon reduction capabilities of seaweed blue carbon to the international community," adding, "We plan to make various efforts to build a sustainable global environment."
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