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EXPLAINER: Will fines and an added compliance burden colour South Korea green?

South Korea has emerged as a regional pioneer in regulating corporate greenwashing as it becomes the first country in Asia to mull monetary punishment for deceptive environmental claims in advertising. ....

South Korea , Kim Lee , Soyoung Lee , Environmental Technology , Ministry Of Environment , Industry Support Act ,

Achieving green goals and legal compliance in South Korea


July 08 2021
Following the Paris Agreement in 2015, green investing has become an essential factor in sustainable development and investment strategy. It is being employed by major countries around the world, including the EU, the US and China for setting out targets to reduce greenhouse gas emissions, promote green new deals, and establish targets for achieving carbon neutrality.
After announcing its European Green Deal, which committed a total investment of €1 trillion ($1.19 trillion), the EU introduced the European Climate Law in March 2020, and followed it up with measures such as the guide on climate-related and environmental risks in November 2020, and the EU taxonomy. It has also announced that it will impose a carbon border tax on imports by 2023. President Joe Biden of the US has also announced, as a part of his campaign pledge, an environmental policy shift to rejoin the Paris Agreement, to invest $2 trillion in clean energy and infrast ....

New York , United States , Soult Ukpyolsi , South Korea , Indonesia General , France General , City Of , United Kingdom , Seung Kook Synn , Yoon Yang , Joe Biden , Sk Group , Ministry Of Environment , Korea Exchange , Environmental Technology , Seoul National University College Of Law , University Of Edinburgh , Vanderbilt Law School , Sk Energy , Climate Bonds Initiative , Sk Telecom , Korea Aerospace University , Presidential Committee On Carbon Neutrality , Yonsei University , International Organization For Standardization , Cornell Law School ,