The Covid-19 crisis does not respect boundaries and highlighted the urgency of the climate challenge that the international community faces. Furthermore, there are increasing arguments that COVID-19 recovery should be carried out in a manner that assures a balance between mankind and the ecosystem, the current and future generations.
The Korean government unveiled last July the Green New Deal that pursues net-zero emissions and accelerates a paradigm shift towards low carbon economy. Korea will be hosting the next P4G Summit in 2021 and take the opportunity to highlight the importance of green leadership in overcoming economic challenges in the aftermath of the pandemic.
The European also announced its own Green Deal last December and is now pursuing Green Deal Diplomacy while considering the adoption of carbon border adjustment. As member countries of the Paris Agreement prepare to submit theird nationally determined contributions(NDC) and Long-term low emissions strategies(LEDs) by the end of this year, many countries have joined in elaborating their plans to include ambitious climate actions and objectives.
Under these circumstances, this session will serve as a venue where participants discuss the impact of the global political dynamics on Korea’s green and climate diplomacy.