South Korea will invest 86.2 billion won (US$59.3 million) this year for the development of technologies that will help tackle climate change, the science ministry said Wednesday.

With the investment, the country will work to develop technologies that will help respond to global warming, along with those related to carbon free energy and climate prediction using artificial intelligence (AI), according to the Ministry of Science and ICT.

In detail, the government will funnel 5.7 billion won into developing carbon-free energy technology and 4.3 billion won into advancing carbon capture and utilization technology.

It will also invest 3.1 billion won in creating a climate prediction model based on AI, which will help predict climate disasters and minimize potential damage.

Another 4.02 billion won will be used to conduct two global projects aimed at researching and developing carbon neutrality technologies.

Kim Na Young, S. Korea to invest 86.2 bln won in developing new technologies to address climate change | Yonhap News Agency, 8 January 2025