/cloudfront-us-east-2.images.arcpublishing.com/reuters/6PKDMH7KPFNFNNRSP24PD52T3Q.jpg?fit=%2C&ssl=1 "S.Korea pledges bigger cuts to emissions, mln for new green deal fund")
South Korean President Moon Jae-in in Washington, U.S., May 21, 2021. REUTERS/Sarah Silbiger
South Korea’s President Moon Jae-in said on Sunday that the country will raise its goal for reducing greenhouse gas emissions and create a $5 million “Green New Deal” fund to help speed up developing countries’ transitions to renewable energy.
Moon made the pledges in a speech to an opening ceremony for the 2021 Partnering for Green Growth and the Global Goals 2030, or P4G, summit, which kicked off for a two-day run online amid the coronavirus pandemic.
Organisers of the summit are calling for…
