South Korean president Lee Myung-bak has made great strides internationally in propagating an international vision for green growth, especially through the work of the Global Green Growth Institute (GGGI). The Council on Foreign Relations has published a new report on South Korea’s green growth policies by Jill Kosch O’Donnell which describes South Korea’s newly emerging green growth partnerships with Denmark, the UAE, and the World Bank, as well as more mixed progress in implementing green growth strategies domestically. The report can be found here.
Jill Kosch O’Donnell is a former Junior Associate of The Asia Foundation and writer in Washington, DC.
Demonstration projects now underway in the United States and South Korea to capture CO2 emissions from coal-fired power plants and store them deep underground have one critical factor in common: a reliance on government funding. In recent months, both governments have announced new funding to test carbon capture and storage (CCS) technology. In a world where cheap and abundant coal-fired power accounts for about 40 percent of man-made CO2 emissions, CCS is a way to reduce emissions without giving up coal. Read more »