Under the new climate regime, developing countries are urged to join the effort to combat climate change with further capacity building efforts. More support is needed for the least developed countries and small-island developing states, which are the most vulnerable to the impacts of climate change. KOICA hereby establishes the Climate Change Response Mid-Term Strategy (2021-2025) and will actively support the climate adaptive capacity of developing countries in order to improve the quality of life.
Vision / Mission / Strategic Objectives
VISION
Limiting the rise in global average temperature to 1.5℃ and a planet safe from the climate crisis
MISSIONTo achieve carbon neutrality by 2050 and support climate-resilient development
Support for green recovery and climate adaptation
Support for the achievement of carbon neutrality by 2050
Increasing green climate partnership
Strategic Objectives & Programs
1Support for the achievement of carbon neutrality by 2050
Program
Low carbon transition
Component: - Distribution and spread of low-carbon renewable energy - Distribution and spread of eco-friendly green mobility - Promotion of resource circulation economy (waste management, etc.) - Creation of carbon sinks such as forests ※ Establishment and implementation of ODA plan to support the achievement of carbon neutrality by 2050
2Support for green recovery and climate adaptation
Program
Support for green recovery (climate adaptation)
Component: - Increasing urban climate resilience - Ecosystem recovery and mitigation of natural disasters due to climate change - Mainstreaming of consideration of the impact of climate change in the process of project promotion ※ Consideration of climate impact and improvement of resilience when implementing projects for urban/rural development
3Increasing green climate partnership
Program
Green climate partnership
Component: - Promotion of projects linking Green Climate Fund (GCF) accredited entities and funds - Development and spread of innovative green climate technology (support for R&D, business ventures, and start-ups) - Promotion of partnership-based projects