
• South Korea drafting five-year development plan to create green industries and nearly one million jobs
• China allocates 40% of stimulus package to environment-related projects
• South Korea, China and Japan in trilateral partnership to lead low-carbon green growth
• More information on the meeting is available at: http://www.weforum.org/eastasia2009
“We believe that a strong economy and a clean environment are not mutually exclusive, and that Korea has to take an active part in tackling climate change,” Han Seung-Soo, Prime Minister of the Republic of Korea, told 350 participants from 35 countries at the 18th World Economic Forum on East Asia today. “Korea recognizes the symbiotic relationship between economic growth and environmental sustainability.” The country has proclaimed low-carbon green growth as its new national vision. “In a nutshell, low-carbon green growth aims to shift the current development paradigm from the fossil-fuel dependent, quantity-oriented growth to a new paradigm of qualitative growth which uses less energy and is more compatible with environmental sustainability.”
See full Press Release.
