South Korea on Monday introduced that it has joined the Powering Previous Coal Alliance (PPCA), committing to shut 40 coal-fired energy vegetation by 2040.
The announcement was made on the COP30 local weather summit in Brazil, making South Korea the second nation in Asia, after Singapore, to affix the coalition.
Launched at COP23 in Germany in 2017, the PPCA goals to part out unabated coal energy, referring to vegetation that don’t use expertise to cut back greenhouse fuel emissions.
South Korea, which has the world’s seventh-largest working coal energy capability, pledged to not construct any new unabated coal vegetation as a part of its membership.
The nation additionally reaffirmed its plan to close down 40 current coal-fired models by 2040.
The Seoul authorities stated it’s going to determine the way forward for about 20 remaining coal models after public consultations, contemplating financial and environmental feasibility.
An in depth plan is predicted by subsequent yr.
“The coal phaseout will not be solely essential for the local weather but additionally useful for vitality safety, company competitiveness and job creation not just for South Korea however all different international locations.” stated Local weather Minister Kim Sung-hwan, who’s main the South Korean delegation.
Bahrain additionally joined the PPCA on Monday. Though Bahrain has by no means operated coal-fired energy vegetation, it pledged to not construct any sooner or later and stated it goals to align with the worldwide shift away from coal.
