Leaders participating in the 18th World Economic Forum on East Asia agreed that East Asia can drive the critical post-crisis structural reform of the global economy, business, government and civil society. Among all the major issues discussed at the two-day forum held in Seoul, leaders stressed on green initiatives for future growth.
“We believe that a strong economy and a clean environment are not mutually exclusive and that Korea has to take an active part in tackling climate change,” said Han Seung-Soo, prime minister of the Republic of Korea. The country has proclaimed low-carbon green growth as its new national vision. South Korea has adopted a “green new deal” policy to tackle the crisis, a combination of neo-classical supply-side economic policy aimed at creating jobs and revitalising the economy.
