| 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:
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Concentrated support for mobility and energy sectors with high technology maturity and emission-reduction potential,
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Establishing an integrated support system connecting technology and finance,
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Identifying promising climate-tech fields tailored to regional conditions, and
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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
