Commitment to achieve Its NDC
The Republic of KOREA
-
Set the goal of carbon neutrality by 2050 and ambitious40% of GHG emission reduction to 2018 level by 2030.
-
Recognizes the importance of voluntary cooperation toachieve climate goals and to help countries meet emission reduction targets ofboth countries.
-
Believes international GHG mitigation program willprovide opportunities sustainable development of host Country with technologytransfer and capital investment.
-
October 2020
Declaration of carbon neutrality by 2050 -
December 2021
Submission of updated NDC
727.6 mtCO₂eq
436.6 mtCO₂eq
Use of voluntary cooperation under Article 6 ofthe Paris Agreement as a complementary measure(3,750 tCO₂eq in 2030)
- 4.17%
- 1.98%
- 2.81%
- 2.81%
- 3.56%
Annual average reduction rate(By 2030 compared to base year)