President Moon Jae-in on Sunday reaffirmed his desire to achieve carbon neutrality in South Korea by 2050 during the last enlarged plenary session in which he attended the G7 summit in the United Kingdom.
He reiterated that he would announce a more ambitious NDC 2030 target at the UN climate change summit COP26, to be held in Glasgow in November.
During the session, President Moon explained the Seoul Declaration obtained at the recent P4G Seoul Summit, in which participants showed their willingness to achieve carbon neutrality through a comprehensive green recovery, as well as the end of public finance support for new overseas coal-fired power plants and the Korea New Green Deal.
He also stressed the need to broaden the participation of the private sector.
Following President Moon’s statement, other leaders proposed ways to try to limit the increase in the Earth’s average temperature to 1.5 degrees Celsius, ways to develop clean and renewable energy and means of financing everything.
Ahead of the Climate Response Summit, President Moon participated in an expanded session on the open economy.
He stressed the need for global cooperation for free trade and open economy.
President Moon presented South Korea’s experience in the struggle for democracy and the creation of an open society.
Other participating leaders agreed that promoting free and fair trade and an open economy is crucial.
President Moon also had bilateral talks with French President Emmanuel Macron and British Prime Minister Boris Johnson.
Macron said he hoped to strengthen cooperation with South Korea in key technologies, such as semiconductors and electric vehicles, as well as in the health and energy sectors.
President Moon said Seoul also hopes to strengthen cooperation in these areas with France and the EU.
At the South Korea-UK summit, Moon and Johnson agreed on the need to strengthen their security ties.
President Moon outlined the Biden administration’s North Korean policy, saying he expects the regime to respond positively as South Korea and the United States have expressed willingness to open lines dialogue with the North.
Johnson also reaffirmed his support for peace on the Korean Peninsula.
La Maison Bleue added that the two leaders also assessed COVID-19 countermeasures and pledged to advance their partnership towards the post-COVID era.
Hong Yoo, Arirang News.