S Korea to voluntarily register 20% emissions cut by end of January

15:34, December 24, 2009      

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South Korea said Thursday it plans to register its goal of voluntarily reducing greenhouse gas emissions by 20 percent from the projected emission level in 2020 compared to 2005 by the end of January.

The announcement by the Ministry of Knowledge Economy in a meeting with financial and research institutions came after the United Nations climate talks held in Copenhagen, Denmark last week, where the country showed its commitment to voluntary emission cuts.

Under the Kyoto Protocol, a climate regime that the Copenhagen summit aimed to replace, South Korea, part of non-Annex I countries, has no binding emission cut targets.

The ministry said South Korea is likely to retain its status as a country with no obligation of compulsory emission under the Copenhagen Accord, according to local media.

Source: Xinhua
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