: South Korea will invest 145 trillion won in nurturing the climate technology industry by 2030 and extend various supportive measures to achieve 100 trillion-won worth of exports in the sector, the industry ministry said Thursday.
The strategies were announced during a meeting of the Presidential Commission on Carbon Neutrality and Green Growth in Seoul and presided over by Prime Minister Han Duck-soo. A unicorn company refers to an unlisted startup with a valuation of more than US$1 billion based on technology innovation. To help achieve the 100 trillion won milestone in exports, the government vowed to ease regulations and implement supportive measures for exporters, such as helping their branding and marketing strategies.
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