-
Kenya's economy faces climate change risks: World Bank
-
US Senate votes on funding deal - but shutdown still imminent
-
Trump expects Iran to seek deal to avoid US strikes
-
NASA delays Moon mission over frigid weather
-
Fela Kuti: first African to get Grammys Lifetime Achievement Award
-
Cubans queue for fuel as Trump issues oil ultimatum
-
France rescues over 6,000 UK-bound Channel migrants in 2025
-
Analysts say Kevin Warsh a safe choice for US Fed chair
-
Fela Kuti to be first African to get Grammys Lifetime Achievement Award
-
Gold, silver prices tumble as investors soothed by Trump's Fed pick
-
Social media fuels surge in UK men seeking testosterone jabs
-
Trump nominates former US Fed official as next central bank chief
-
Chad, France eye economic cooperation as they reset strained ties
-
Artist chains up thrashing robot dog to expose AI fears
-
Dutch watchdog launches Roblox probe over 'risks to children'
-
Cuddly Olympics mascot facing life or death struggle in the wild
-
UK schoolgirl game character Amelia co-opted by far-right
-
Panama court annuls Hong Kong firm's canal port concession
-
Asian stocks hit by fresh tech fears as gold retreats from peak
-
Apple earnings soar as China iPhone sales surge
-
With Trump administration watching, Canada oil hub faces separatist bid
-
What are the key challenges awaiting the new US Fed chair?
-
Moscow records heaviest snowfall in over 200 years
-
Polar bears bulk up despite melting Norwegian Arctic: study
-
Waymo gears up to launch robotaxis in London this year
-
French IT group Capgemini under fire over ICE links
-
Czechs wind up black coal mining in green energy switch
-
EU eyes migration clampdown with push on deportations, visas
-
Northern Mozambique: massive gas potential in an insurgency zone
-
Gold demand hits record high on Trump policy doubts: industry
-
UK drugs giant AstraZeneca announces $15 bn investment in China
-
Ghana moves to rewrite mining laws for bigger share of gold revenues
-
Russia's sanctioned oil firm Lukoil to sell foreign assets to Carlyle
-
Gold soars towards $5,600 as Trump rattles sabre over Iran
-
Deutsche Bank logs record profits, as new probe casts shadow
-
Vietnam and EU upgrade ties as EU chief visits Hanoi
-
Hongkongers snap up silver as gold becomes 'too expensive'
-
Gold soars past $5,500 as Trump sabre rattles over Iran
-
Samsung logs best-ever profit on AI chip demand
-
China's ambassador warns Australia on buyback of key port
-
As US tensions churn, new generation of protest singers meet the moment
-
Venezuelans eye economic revival with hoped-for oil resurgence
-
Samsung Electronics posts record profit on AI demand
-
Formerra to Supply Foster Medical Compounds in Europe
-
French Senate adopts bill to return colonial-era art
-
Tesla profits tumble on lower EV sales, AI spending surge
-
Meta shares jump on strong earnings report
-
Anti-immigration protesters force climbdown in Sundance documentary
-
Springsteen releases fiery ode to Minneapolis shooting victims
-
SpaceX eyes IPO timed to planet alignment and Musk birthday: report
South Korea pledges to phase out coal plants at COP30
South Korea pledged Monday to phase out coal power plants that lack emission-reducing measures, an ambitious step for a country that generates a third of its electricity from the fossil fuel.
Seoul announced its decision to join the Powering Past Coal Alliance (PPCA) of governments and organisations pushing to eliminate unabated coal as a power source, as Brazil hosts UN climate talks in Belem.
"Our long-term goal is to create a decarbonised green society where renewable energy takes up a large share in our power mix and use nuclear power as a complementary source, phase out coal and use gas as an emergency source," South Korea's Climate Minister Kim Sung-whan told reporters in the Amazonian city.
The pledge does not give a date for an end to all of South Korea's use of unabated coal, but represents the first official government commitment to stop building new unabated coal plants and to phase out existing ones.
"We will kickstart our coal phase-out," Kim said, adding that the pledge will "help the Alliance advance the coal transition worldwide".
Unabated refers to coal burned without any measures to reduce its emissions, such as carbon capture and storage. Most coal-fired power plants do not capture their CO2 emissions.
"Out of 61 existing coal power plants, 40 coal power plants are confirmed to phase out by 2040," the PPCA said in a statement.
The remaining 21 plants will have their closure date "determined based on economic and environmental feasibility", with a detailed roadmap to be finalised in 2026, the group added.
Asia's fourth-largest economy currently operates the world's seventh-largest coal fleet and is the fourth-largest coal importer, according to the PPCA.
The pledge demonstrates South Korea's "commitment to accelerating a just and clean energy transition", Kim said.
The transition will "create thousands of jobs in the industries of the future", the minister added.
- 'Must go even further' -
South Korea has already begun cutting its dependence on coal, with its share of electricity generation falling to 30.5 percent last year from 46.3 percent in 2009, according to energy think tank Ember.
On a global level, renewable energy overtook coal generation for the first time on record in the first half of 2025, according to Ember.
The new commitment builds on Seoul's 2020 pledge to reach carbon neutrality by 2050.
As part of that target, the government aims to reduce greenhouse gas emissions by 53–61 percent from 2018 levels by 2035, in line with global efforts to limit warming to 1.5C.
"A few years ago it would have seemed inconceivable that South Korea would be committing to phase out coal generation," said Richard Black, Ember's director of policy and strategy.
"But what's already happening in Korea, with coal power down by a third since the Paris Agreement was signed ten years ago, makes it now a logical choice," Black said.
Dozens of countries worldwide have pledged to phase out unabated coal.
South Korea is only the second government in Asia to join the PPCA, after Singapore.
"In these critical years of climate action, we must go even further and faster," British climate minister Katie White, who co-chairs the PPCA, said in Belem.
"Emissions from coal have not yet peaked, and we must consider the barriers faced by the developing world and ensure everyone feels the benefits of phasing out coal," White said.
Ch.Lefebvre--CPN