SYNERGY BETWEEN THE EU AND KOREA IN NAVIGATING THE ENVIRONMENTAL STEWARDSHIP
Author: Hannah Kang
Abstract
This report examines the EU’s global role in environmental stewardship, driven by its regulatory influence in corporate transparency. Korea, as a key strategic partner to the EU, is analyzed for its synergy with the EU in building green economies. The report focuses on the synergy between the EU and Korea in building green economies and analyzes the Green Deals of both the EU and Korea, the FTA, and their Green partnership. By utilizing quantitative and qualitative analyses of agreements and policies, the report identifies challenges and opportunities, offering future recommendations. On the one hand, the EU’s Sustainable Financial Disclosure Regulation and the Corporate Sustainability Reporting Directive are analyzed as models for accelerating Korea’s divestment in foreign coal powered projects. On the other hand, this paper explores Korea’s leading role in hydrogen technology as a benchmark model for EU’s green Research and Innovation . In conclusion, the report underscores the symbiotic EU-Korea relationship in a global environmental stewardship, fostering mutual learning, collaboration, and innovation for a sustainable global economy. This report serves as a foundation for future research in these critical areas of global environmental dynamics.