Politics · South Korea · 1 hr ago

South Korea proposes special zones to support areas hit by carbon transition

South Korea proposes special zones to support areas hit by carbon transition

South Korea’s government has proposed special zones for places facing carbon-transition shocks as the country moves towards a carbon-neutral economy.

The plan is aimed at areas where the shift is expected to reduce jobs, change industries or weaken local economies.

The Labor and Industry ministries published draft rules for public comment, which runs until Nov.

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Local governments would apply, and regional plans would be drawn up with input from workers, employers and residents.

Designated areas would receive support for preventing unemployment, helping people find new work, stabilising businesses and changing local industries.

A zone would last two years, with extensions possible under the proposed rules.

The ministries would set out support measures, and regional governments would make plans to carry them out.

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What people are saying

Kim Young-hoonLabor minister
Carbon neutrality is an unavoidable global trend, but the burdens arising in the process should not be concentrated on particular regions, workers and vulnerable groups.
via Yonhap