Clean Energy Partnership between the United Kingdom and the Republic of Korea

I. Introduction As set out in the Downing Street Accord between the United Kingdom and the Republic of Korea of 22 November 2023, the Government of the United Kingdom of Great Britain and Northern Ireland (the ‘UK’) and the Republic of Korea (‘ROK’) (hereinafter jointly referred to as “the Participants” and in the singular as “a Participant”) acknowledge the essential role energy transition will play in their respective efforts and common goal to fight climate change. The Participants therefore establish the UK-ROK Clean Energy Partnership. This Partnership sets out the Participants’ intent to strengthen cooperation on their shared interests and ambitions across the clean energy transition, low carbon technologies and domestic climate policies, and civil nuclear energy. It wraps and builds on energy and net zero cooperation between the Participants including the UK-ROK Civil Nuclear Energy Dialogue. Together the Participants will seek to protect people and the planet, deepening their commitment to keeping a limit of 1.5 degrees Celsius temperature rise within reach and achieving net zero by 2050, in line with the trajectories set out in the Paris Agreement and Glasgow Climate Pact. The Participants commit to addressing energy security, the climate crisis, and risks to the supply of affordable, clean energy. II. Areas of Cooperation Clean energy transition Underpinning all aspects of this partnership is a commitment by the UK and ROK to accelerate the global transition to net zero. To this end, the Participants recognise the need to intensify their cooperation to accelerate the decarbonisation of their energy systems to achieve net zero by 2050 and to support global sectoral ambitions including tripling of nuclear energy, tripling of global renewables capacity, and doubling of global energy efficiency improvements. The Participants acknowledge that initiatives such as the Breakthrough Agenda and Carbon Free Energy Initiative can play a […]

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By Donato