As a government agency responsible for Korea’s grant ODA, KOICA has been focusing on tackling global climate change as one of its priorities and thus it is our delight to co-organize e-mobility workshop with ADB.
The government of Korea has revised its NDC target to reduce national greenhouse gas emissions by 40% by the year 2030, compared to that of in 2018. The Korean government is also actively expanding its green ODA volume as to contribute to the achievement of the NDCs of the developing countries, aiming to reach the average volume of the other OECD DAC member countries by 2025.
It is our belief that one of the comparative advantages of Korea’s green sector is the EV (Electronic Vehicles), including the battery industry. As of May 2023, the number of the electric vehicles registered in Korea was 450,000, accounting almost 1.8% of the total. I believe today’s workshop will be a meaningful occasion to share Korea’s experience and lessons learned in expanding the EV.
KOICA and Green Mobility Projects
In response to the government’s policy mentioned earlier, the budget of KOICA has been significantly increased accordingly, to about 10 billion USD in 2023. The large portion of its budget has been allocated to green ODA projects, including green mobility projects in countries like the Philippines and Morocco.
As the result of the budget increase, we are facing the dramatic influx of the new green project proposals, and thus it is crucial for us to plan, design and deliver new projects properly. Moreover, in cases of the EV, not only the supply of the vehicles per se but also the laws and regulations supporting it, base infrastructures like charging facilities, and public awareness improvement should move in a comprehensive manner.
