South Korea implemented various policies and initiatives in areas such as renewable energy, energy efficiency, and sustainable transportation. Some of the key aspects of the market in South Korea are:-
- Renewable energy: A goal of 20% renewable energy by 2030 has been set by South Korea to invest in solar and wind energy.
- Energy efficiency: South Korea also implemented various policies and programs to increase energy efficiency in buildings, industry, and transportation to reduce energy consumption and greenhouse gas emissions.
- Sustainable transportation: Investment in sustainable transportation such as electric vehicles, public transportation, and cycling infrastructure.
- Sustainable cities: The development of sustainable cities has been promoted with a focus on reducing greenhouse gas emissions, energy efficiency, and improving the life quality for citizens.
- Green Industry: It has been developed with a focus on industries such as renewable energy, energy efficiency, and green building.
The sustainability efforts in South Korea led to significant environmental and economic benefits and a leader in the global platform to promote sustainable development.