NET ZERO 2050 Climate Foundation

Net Zero 2050 Climate Foundation

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OUR WORK NET ZERO

Carbon Emission Production and Absorption Quantity to Zero for Earth

Net-zero, also known as carbon neutrality, is making the quantity of carbon produced on Earth and the quantity of it being absorbed by Earth the same to adjust the practical carbon emission quantity to 0. In addition, it is our task given to us for the prevention of heatwave, heavy snow, typhoon, wildfires, etc., caused due to climate change, and the time limit and its contents are crystal clear: to reduce the emission of greenhouse gases to the half of the current degree.

Understanding the Concept of Net-Zero

The concept of net-zero was first reared up in Paris Agreement concluded at the climate change conference in 2015, and the agreement states to restore “the balance of human-caused carbon emission and reduction by the sinks by 2050.” The temperature rise of the earth by 2℃ will cause natural disasters that ordinary humans cannot withstand, such as heatwaves, cold waves, etc. Limiting the temperature rise to 1.5℃ significantly decreases the risks for biodiversity, health, living, food, security, human security, and economic growth than 2℃.

The Threats of Climate Change

Since the second industrial revolution, human activities have been about mass production-consumption culture followed by large-scale fossil fuel consumption, and globalization and the increase in commerce also incited such trend. Global warming is directly related to climate anomaly, decrease in biological diversity due to ocean acidification and instruction, and may appear in the form of revival of ancient viruses due to the reduction of the Arctic and permafrost. Also, the annual rise of sea level by 4mm due to glacier melting would delete global coast towns from the map. If the current trend continues, the southern area of Vietnam, and 10% of Thailand including its capital city, Bangkok, will be submerged under the sea by 2050. The bigger problem is that the coastal farmland desolated from salification and abnormal climate can cause a huge threat to the food security of the countries of the whole world.

Efforts to Achieve Carbon Neutrality

10 major solutions to achieve Net-Zero presented by the international society is as follows:
The concept of net-zero was first reared up in Paris Agreement concluded at the climate change conference in 2015, and the agreement states to restore “the balance of human-caused carbon emission and reduction by the sinks by 2050.” The temperature rise of the earth by 2℃ will cause natural disasters that ordinary humans cannot withstand, such as heatwaves, cold waves, etc. Limiting the temperature rise to 1.5℃ significantly decreases the risks for biodiversity, health, living, food, security, human security, and economic growth than 2℃.

Global Trend of Net-Zero

There are only two countries that absorb more quantity of greenhouse gas than the quantity they produce: Bhutan and Suriname. The other countries are establishing Net-Zero Emission Goals with legal bindings to participate in the prevention of global warming. The one that stands big among the countries is Sweden and they have been racing since 2017 with the pledge to achieve carbon neutrality by 2045. The countries that established the goal to achieve net-zero by 2050 include the United Kingdom, France, Denmark, New Zealand, Hungary, Japan, and South Korea, and China has set the goal to achieve net-zero by 2060. And the United States of America introduced an extensive environment bill with the election of Joe Biden and has officially clarified to achieve net-zero by 2050.

South Korean Government's Net-Zero
Promotion Strategy

South Korean government’s carbon neutral promotion strategy can be divided into four main parts: Low Carbon Economic Structure, Establishment of New Promising Low Carbon Industry Ecosystem, Process Conversion for Carbon Neutral Society, and Carbon Neutral System-Based Reinforcement
1.Low Carbon Economic Structure: Energy Conversion Acceleration, Innovation for High Carbon Industrial Structure, Transition to Future Mobility, Low Carbon City and Land
2.Establishment of New Promising Low Carbon Industry Ecosystem: Rearing New Promising Industries, Base Construction for Innovative Ecosystem, Vitalization of Circulating Economy
3.Process Conversion for Carbon Neutral Society: Protection for Vulnerable Industry/Class, Realization of Local Carbon Neutrality, Public Awareness for Carbon Neutral Society