The South Korean Ministry of Industry, Trade and Resources has announced a new policy to support companies' investments in carbon reduction. The government will provide 135 billion won in new loans to support such investments. This policy is part of South Korea's efforts to transition to a low-carbon economy and achieve its carbon neutrality goals. Companies from various sectors can apply for these loans if they are planning to invest in projects that will reduce carbon emissions.
Instrument
Loan & Loan Guarantees
Purpose
Environmental protection
Investment promotion
Agency
Ministry of Trade Industry and Energy - South Korea