South Korea on Tuesday revised down its 2030 greenhouse gas emissions reduction targets for the industrial sector, but kept its commitment to reducing carbon emissions by 40% of 2018 levels in what it called a reasonable adjustment.
This marks the first annual and sector-specific emissions reduction targets proposed by President Yoon Suk Yeol. As one of the world's most fossil-fuel dependent economies, South Korea has been striving to attain carbon neutrality by 2050.