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Industry
MSIT to expand climate response technology development with 3.4 trillion won investment
South Korea\'s Ministry of Science and ICT said on Wednesday it is accelerating technology development to respond to climate change to implement government policy tasks and meet its 2035 greenhouse gas reduction target. The ministry has drawn up a 2026 implementation plan under its first basic plan for climate response technology development. It plans to invest 3.42 trillion won this year across emissions cuts, adaptation and an innovation ecosystem, up 14.1 percent from a year earlier.
AI & Enterprise
South Korea MSIT secures 78.7 billion won supplementary budget for startups, youth and energy transition
South Korea\'s Ministry of Science and ICT said on April 10 parliament approved a 78.7 billion won supplementary budget for projects to support recovery and growth. The ministry said its total budget for this year will rise to 23.83 trillion won. Measures include expanded support for youth tech startups through science and technology institutes and R&D zones, vouchers to help traditional firms buy AI transition solutions from startups, and funding to speed commercialisation of carbon capture and utilisation demonstration facilities.
Industry
Science ministry seeks new energy, environment technologies to launch commercialisation projects
South Korea\'s Ministry of Science and ICT said on Jan. 30 it found 7 new technologies in future energy and environment and will pursue new commercialisation. It has run a consultative body since 2024 with 11 academic societies and 12 government-funded research institutes. The ministry plans detailed project design for the selected technologies and aims to 추진 them as new R&D projects in 2027.
