South Korea Commits $745 Billion to Carbon Neutrality and Sustainable Growth

South Korea has announced a 1,000 trillion-won investment strategy, equivalent to about $745 billion, to support green transformation over the next decade. The plan is intended to advance carbon neutrality while promoting sustainable economic growth and strengthening industrial competitiveness. It comes as the country works to establish legally binding emissions-reduction targets through 2045, following a 2024 court ruling that required clearer long-term climate goals. The government’s strategy signals a major financing commitment, though further details on allocations and implementation will determine its impact