Korea to launch ‘Green New Deal’
The Korean government will inject 50 trillion won (US$38 billion) into a series of ’green’ initiatives over the next four years and will create 960,000 new eco-friendly jobs, Prime Minister Han Seung-soo has announced.
The government’s number one priority among the 36 projects is the restoration of four major rivers - the Han, Geum, Nakdong and Yeongsan Rivers. The project aims to prevent disasters from flood and drought, secure water resources, enhance water purity and expand the number of environmentally-friendly spots.
In recent years, Korea has launched a number of initiatives to develop more environmentally friendly cities and to stimulate restoration of eco-systems severely damaged by decades of rapid industrialization. Read more (GLOBE-Net)
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14 January 2009