South Korea on Monday introduced that it has joined the Powering Previous Coal Alliance (PPCA), committing to shut 40 coal-fired energy crops 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 section out unabated coal energy, referring to crops that don’t use know-how to scale 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 crops as a part of its membership.
The nation additionally reaffirmed its plan to close down 40 present coal-fired models by 2040.
The Seoul authorities mentioned it’ll determine the way forward for about 20 remaining coal models after public consultations, contemplating financial and environmental feasibility.
An in depth plan is anticipated by subsequent 12 months.
“The coal phaseout just isn’t solely crucial for the local weather but additionally helpful for vitality safety, company competitiveness and job creation not just for South Korea however all different international locations.” mentioned 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 crops, it pledged to not construct any sooner or later and mentioned it goals to align with the worldwide shift away from coal.
