World Climate Industry Expo kicks off in Busan for 3-day run

The World Climate Industry Expo kicked off in the southern port city of Busan for a three-day run on Wednesday, inviting energy experts from home and abroad to discuss sustainable development through carbon-free energy sources. The event, hosted by the Ministry of Trade, Industry and Energy and the International Energy Agency (IEA), aims to find ways to promote South Korea's Carbon-Free Energy (CFE) initiative, announced by President Yoon Suk Yeol last year, to address climate change. The CFE initiative focuses on achieving carbon neutrality by harnessing carbon-free sources, including nuclear and hydrogen. Under the theme "Ushering in a carbon-free energy era with climate technologies," the organizers will host 11 conferences on the sidelines, with 537 businesses also displaying their latest achievements in the climate industry. Major events include a joint forum by the industry ministry and the IEA, along with other events covering agenda items such as green growth, climate change response, and artific ial intelligence. A workshop session will also be held for member countries of the Asia-Pacific Economic Cooperation to introduce the CFE initiative, with Korea Hydro and Nuclear Power holding a forum on the use of clean hydrogen. On the previous day, the industry ministry and the IEA also announced a joint statement supporting the CFE initiative as "an effective means to accelerate progress towards achieving net zero emissions by 2050." Source: Yonhap News Agency