South Korean cement sector targets 2050 for carbon neutrality

Written by Global Cement staff 15 July 2021

South Korea: Korea Cement Association (KCA) members have agreed to reduce their net CO₂ emissions to zero by 2050. To help them achieve this target, the state-owned Korea Development Bank has pledged US876m in investments in emissions reduction and green production upgrades by 2025, according to the Maeil Business Newspaper. The KCA says that 90% of local cement producers have increased their environmental, social and corporate governance investment and reduced their use of coal.

Last modified on 21 July 2021

Published in Global Cement News

Tagged under