Korea also generates profits while reducing carbon.

We will actively foster climate technology ventures and start-up companies.

“Kim Sang-hyeop, chairman of the Carbon Neutral Green Growth Committee”

LowCarbon was invited to the Climate Tech CEO at the Climate Tech Venture and Startup Town Hall Meeting held by the Presidential “2050 Carbon Neutral Green Growth Committee (Co-Chairman: Prime Minister Han Deok-soo, KAIST Vice President Kim Sang-hyeop).”

“The world is competing for the initiative in trillions of dollars in opportunities, including the European IRA and the New Industry Act for Net Zero,” said Kim Sang-hyeop, chairman of 2050 Carbon Neutral Green Growth Committee.

Lee Chul, CEO of LowCarbon, said, “LowCarbon is a carbon technology company that developed a technology to directly collect carbon dioxide in the air and succeeded in commercializing it for the first time in the world.”

The declaration of carbon neutrality has spurred investment in climate technology in major countries, with annual growth in climate technology funding reaching $50 billion.As a result, investment in climate technology is expanding, centering on global investment funds, and large companies, venture companies, and impact investors are also paying attention to the move of climate technology company LowCarbon.

The government plans to come up with measures to foster climate tech ventures and startups by collecting opinions from leading climate tech companies such as LowCarbon.

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Korea Economic Co., Ltd. holds a meeting at Gifu Tech Venture Startup Town Hall in Busan City and 2050 Carbon Neutral Green Growth Committee.

• Sharing various opinions on fostering climate technology ventures and startups

The Busan Metropolitan Government (mayor Park Hyung-joon) announced on the 14th that it held a “Climate Tech Venture and Startup Town Hall Meeting” with the Presidential 2050 Carbon Neutral Green Growth Committee (Co-Chairman: Prime Minister Han Deok-soo, KAIST Vice President Kim Sang-hyeop, Tannokwi) at BEXCO at 11 a.m. on the 13th.​

The Climate Tech Venture and Startup Town Hall Meeting is a place to freely discuss and discuss creative ideas and practical measures related to fostering climate tech ventures and startups with experts and citizens from all walks of life.​

It is designed to achieve 2050 carbon neutrality and green growth at the same time by expressing its willingness to foster “climate technology,” which will be Korea’s new growth engine, and collecting various opinions related to this.In particular, it is more meaningful to host Busan as it is the same value as the 2030 Busan World Expo, which seeks to find solutions to common human problems such as the climate crisis.​

About 100 people, including Busan Mayor Park Hyung-joon and Tannok Committee Chairman Kim Sang-hyeop, as well as climate tech entrepreneurs, investors and related organizations, attended the event to share various opinions on climate tech.​

Starting with a welcoming speech by Busan Mayor △ Park Hyung-joon, the event was held in the order of △ climate venture and investment-related topics (Nara Space, BNZ Partners) △ government policy directions to foster climate technology (Ministry of SMEs and Startups) △ climate technology development ideas.​

In particular, Park Jae-pil, CEO of Nara Space, explained the future vision of the market after explaining carbon observation and monitoring technology using satellites, and Lim Dae-woong, CEO of BNZ Partners, a venture capital and climate change startup, announced the current status and growth outlook.​

“The transition to a carbon-neutral society is an inevitable path, but it is also a new opportunity,” said Kim Sang-hyeop, chairman of the Tannok Committee, adding, “We will advance carbon neutrality and create new growth engines by fostering climate-tech venture startups.”​

Busan Mayor Park Hyung-joon said, “It is the same value as the 2030 Busan World Expo, which the Busan Metropolitan Government and the government are trying to attract, and if Busan takes the lead in revitalizing climate technology, we expect to further spread consensus.”

Source: Korean Economy

(https://www.dnews.co.kr/uhtml/view.jsp?idxno=202303140826458760161)

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Busan Cheil Economic Co., Busan, Tannokwi Co., and Gifu Tech Venture Startup Town Hall Meeting were held,

(https://www.busaneconomy.com/news/articleView.html?idxno=299273)

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Yonhap News Agency’s “Climate Technology, New Growth Force”…Start-up and Town Hall meetings,

(https://n.news.naver.com/mnews/article/001/0013809993?sid=100)