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Briefings South Korea’s ruling party’s climate commitment clashes with nuclear ambitionsHan Dong-hoon’s pledge to combat climate change recognizes issue as critical for nation’s economic growth Ruling People Power Party (PPP) interim leader Han Dong-hoon announced on Tuesday campaign pledges aimed at combating climate change and endorsing renewable energy. These initiatives propose to significantly increase the national budget for climate response, elevating it from the current $1.8 billion (2.4 trillion won) to $3.76 billion (5 trillion won) by 2027. Additionally, the party’s pledge includes revising the electricity pricing model to encourage using non-carbon energy sources, such as nuclear and wind power, alongside a push for increased investments in the hydrogen energy sector. Why It Matters Han’s pledge signals a growing recognition among South Korean leaders that © Korea Risk Group. All rights reserved. |





