KOTRA Hosts Laos Net-Zero Partnership
The Laos government has enacted laws related to carbon emission credits and entered into full-scale implementation to achieve net-zero by 2050. With the establishment of this legal foundation, the uncertainty surrounding local greenhouse gas reduction projects has been mitigated, and it appears that
The Korea Trade-Investment Promotion Agency (KOTRA) hosted the 'Korea-Laos Net-Zero Partnership' in Vientiane, Laos, from August 27 to 28, bringing together 17 domestic energy-related enterprises to discuss cooperation measures with the local government and developers. Laos, the ninth country to sign a bilateral climate change agreement with South Korea in October 2024, has enacted laws related to carbon emission credits and set targets to reduce greenhouse gas emissions by 60% by 2030 and increase the forest ratio to 70% of the national territory.
The event aimed to explore practical cooperation measures between the two countries in renewable energy fields such as solar, wind, and hydroelectric power, as well as electric vehicle distribution projects.
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