Ddp - Latest News Update, Information, Photos & Videos on Ddp at Lokmat Times

South Korea established a presidential committee on Saturday to serve as the control tower of the nation's carbon neutrality drive."The government-private panel would be a 'pivot' in uniting national efforts to achieve net-zero emissions by 2050," President Moon Jae-in said, reported Yonhap News Agency.The President also admitted that it would not be easy for the country to attain the goal, given its heavy reliance on manufacturing industries and fossil fuels."Carbon neutrality is an unavoidable task, with which mankind should go. We can do it," Moon said during the panel's inauguration ceremony at Dongdaemun Design Plaza (DDP) in central Seoul.He said the government will introduce a basic act on carbon neutrality at an early date in close consultations with the National Assembly."The government will certainly support for the success of the (2050) Carbon Neutrality Committee by creating a climate response fund starting next year," he added.He reaffirmed that South Korea would respond to the climate crisis in a "preemptive" way as an exemplary nation to turn it into an opportunity for sustainable development.The committee is comprised of 18 government officials and 77 members from the private sector. It is tasked with comprehensively reviewing and coordinating such government policies as responding to climate change and innovating energy and industrial fields.It is co-headed by Prime Minister Kim Boo-kyum and Yun Sun-jin, professor of the Graduate School of Environmental Studies at Seoul National University.Chairing the first meeting of the committee shortly after the ceremony, Kim said, "There would be revolutionary changes in economic structure and everyday life with the implementation of carbon neutrality (policies)."The panel was launched a day ahead of the start of the second P4G summit to be hosted by South Korea. The opening ceremony is to take place at the DDP. Dozens of global leaders plan to join the two-day event via video links.P4G stands for Partnering for Green Growth and the Global Goals 2030, an international partnership formed as part of efforts to speed up the implementation of the Paris Agreement and advance the Sustainable Development Goals (SDGs), it further reported.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Salman Khan

DdpFOLLOW

Ddp, Latest News

National :Rajnath SIngh approves Rs 498.8 cr budgetary support for Defence innovation

Defence Minister Rajnath Singh on Sunday approved budgetary support of Rs 498.8 crore to innovations for Defence Excellence (iDEX) - Defence Innovation Organisation (DIO) for the next five years. ...

International :S Korea launches presidential panel on carbon neutrality

South Korea established a presidential committee on Saturday to serve as the control tower of the nation's carbon neutrality drive. ...