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South Korea to end coal
power by 2050
SOUTH KOREA SOUTH Korea aims to end coal-fired power technology.”
generation by 2050, South Korean President In October, the South Korea government
Moon Jae-in said at the G20 meeting on Octo- said it would reduce greenhouse gas (GHG)
ber 31. emissions by 40% of 2018 levels by 2030, sharply
He said that the target date was in line with raising its previous goal as part of efforts to curb
South Korea’s already declared intention of the pace of climate change. The country also con-
reaching net zero by 2050. firmed that it would achieve carbon neutrality
“In line with the carbon neutrality target, the by 2050 while also pursuing sustainable growth.
Republic of Korea will complete the phase-out of At COP26, South Korea also joined the global
all coal-fired power generation by 2050,” Moon pact to cut methane emissions by 30% by 2030.
said at the G20. The G20 leaders also committed to limiting
Moon said South Korea would also help global warming to 1.5 degrees Celsius, although
developing nations achieve carbon neutrality by they did not fix a global date for ending coal-
providing funding and technologies. fired generation.
“Based on the Republic of Korea’s growth Scientists said the timing of the 1.5 C rise in
experience, we will join efforts of carbon neu- the earth’s temperature is very likely to come
trality by developing nations,” Moon said. “The before 2040, a decade faster than an earlier pre-
Republic of Korea will also step up co-operation diction, if GHG emissions remain at current
with developing nations in the field of green levels.
UK supports Pakistan with
$75mn to combat climate change
PAKISTAN THE UK announced at COP26 more than Environment Day in June the UK committed
GBP55m ($75mn) of support to help Pakistan to this, along with Prime Minister Imran Khan.
tackle climate change, as well as manage water UK Ambassador to Pakistan Christian
more sustainably and unlock climate investment. Turner said: “For Pakistan, climate change
Pakistan has been ranked the eighth most could be catastrophic. That is why we are work-
vulnerable country to climate change, and by ing together on trees and finance, and mobilis-
2100, rising temperatures mean 36% of glaciers ing leading Pakistani businesses. This GBP55m
along the Hindu Kush & Himalayan range will ($75mn) new funding will ensure Pakistan
be gone. becomes more resilient to climate impacts,
The UK government said that it would with more sustainable water use and greater
finance a five-year climate resilience programme access to climate finance, so improving lives and
worth GBP38mn ($52mn) that would help Paki- livelihoods.”
stan’s poorest communities to protect themselves At COP26, the UK has also been working
against the changing climate. with Pakistan on a 26For26 campaign to have 26
It will also pump GBP15mn ($20mn) into a Pakistani companies commit to halving emis-
five-year water governance programme in a bid sions by 2030 and getting to net zero by 2050. 29
to make water use in Pakistan more sustainable companies have so far signed up.
and water access fairer. Pakistan has successfully joined more than
Finally, London will provide an additional 100 countries to pledge to end and reverse
GBP2.5mn ($3.4mn) to support new ways of deforestation by 2030.
attracting much-needed climate investment Before COP26, the UK has committed to
to Pakistan, including on the development providing GBP7mn ($9.5mn) in 2021 to help the
of a Nature Performance Bond. On World country achieve its climate change objectives.
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