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Green Hydrogen H2 News

Korea and EU Strengthen Cooperation in Renewable Energy and Hydrogen Economy

Anela DoksoBy Anela Dokso24/05/20232 Mins Read
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European Commission President Ursula von der Leyen has announced joint projects between Korea and the European Union (EU) in the fields of renewable energy, energy efficiency, and the hydrogen economy.

The collaboration, known as the “Green Partnership,” was established during the Korea-EU summit to enhance strategic cooperation in clean energy, research, and digital initiatives.

President von der Leyen emphasized the long-standing partnership between Korea and the EU, celebrating the 60th anniversary of diplomatic relations between the two countries. Recognizing the importance of democratic countries working together, she highlighted the need for collaboration in areas such as resilience, economic security, openness, and healthy competition.

The summit meeting between Korean President Yoon Seok-yeol and EU leaders resulted in the adoption of a joint statement and the establishment of the “Korea-EU Foreign Ministers Strategic Dialogue” to promote comprehensive security cooperation. The leaders also signed the “Korea-EU Green Partnership” agreement, aiming to expand climate and environmental cooperation, including climate action, environmental protection, and energy transition.

The Green Partnership marks a significant milestone in the collaboration between Korea and the EU, following previous agreements such as the framework agreement, free trade agreement (FTA), and crisis management activities participation agreement. This summit presents an opportunity to further strengthen cooperation in various sectors, including the environment, health, digitalization, and economic security.

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