Energy-intensive industries are one of the major greenhouse gas emitters. Accordingly, industrial decarbonisation is a key priority for the realisation of carbon-neutrality. Yet the reality is that it represents a distinct challenge given the industrial structure of both Korea and Germany. Both are greatly focused on manufacturing and exports. In May of last year, Korea enacted the 2030 Carbon Neutrality Act. Yet concerns have been voiced by some that the raised target may have the effect of weakening the competitiveness of some industries. Moreover, with the EU’s proposal for a Carbon Border Adjustment Mechanism (CBAM) for selected sectors, Germany is interested in creating an open and cooperative international "Climate Club" with a view to preventing carbon leakage.
As the first topic of the "Design the Future" virtual seminar series hosted by the Embassy of the Republic of Korea, Agora Industry, a sub-brand of Agora Energiewende, co-hosts a webinar to take a closer look at the carbon-neutrality policies in the industrial sector.
During the event two presentations by Agora Industry were held focusing on the current development of global climate protection regimes which will have an impact on the industry sector followed by a discussion between two Korean experts about strategies to motivate the manufacturing-based energy-intensive Korean industries to move towards a green transition for their global competitiveness.
This webinar was insightful for not only the Korean industries but also other emerging economies. It was scheduled for one hour 45 minutes, were held in English and Korean (with interpretation) and included a Q & A session.
Please find the full programme in the download section below.
Please find the presentations in the download section below.
The recording can be found above.
You can find the recording with the Korean interpretation here: https://youtu.be/BsFS_WfeFcE
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