Publications

Title Major Trends in the Climate Tech Industry and South Korea's Strategic Initiatives for Growth Hit 278
Publication 2025-04-30

Institute for Future Strategy Issue Brief, April Vol. 33
“Major Trends in the Climate-Tech Industry and Korea’s Development Strategy”

This issue brief analyses key issues surrounding the climate-tech industry, including global geopolitical risks, U.S. policy changes, and the expansion of private-sector-led investment. Despite rising uncertainty in the policy environment—driven by the launch of Trump’s second term and geopolitical supply chain risks—climate-tech investment, particularly in the U.S., continues to expand regardless of political instability.

As climate-tech is expected to emerge as a core strategic industry in the future, Korea must clearly recognise both the risks and opportunities in this field and establish a comprehensive strategy for industrial development. In addition, based on the National Innovation System (NSI)—emphasised by the UNFCCC as central to climate technology innovation—Korea should foster a climate technology innovation ecosystem through collaboration with international climate finance institutions.

Accordingly, the brief proposes strategic policy responses such as:

  • Concentrated support for mobility and energy sectors with high technology maturity and emission-reduction potential,

  • Establishing an integrated support system connecting technology and finance,

  • Identifying promising climate-tech fields tailored to regional conditions, and

  • Promoting forward- and backward-linked industrial policies centred on mid- to large-sized enterprises.

Keywords
Climate-tech, climate technology innovation, policy uncertainty, National Innovation System (NSI), climate finance