The UN Climate Summit 2014, chaired by UN Secretary General Ban Ki-moon, ended in the UN Headquarters on September 23. President Park Geun-hye attended the Summit and attracted the attention of the audience by presenting Korea’s action plan to reduce greenhouse gas and vision for the response to climate change. She said that Korea would implement a nation-wide emissions trading scheme in 2015, and expressed Korean government’s pledge to contribute 100 million dollars to the Green Climate Fund (GCF) which was launched as a fund, within the framework of the UNFCCC, founded as a mechanism to transfer money from the developed to the developing world for their adaptation to climate change. 

Incheon, the seat of the Secretariat of the GCF, pays attention to the pledges of contributions by the Summit participants to the GCF. The total amount of pledges made until now is about 2.3 billion dollars.

The Metropolitan City of Incheon has pushed forward with transformation into a city of low-carbon and climate-resilience in response to world climate change. Incheon is working on a long-term plan for a low-carbon and climate-resilient city. It also reviews a plan to form a climate cluster and intensively foster technologies and industries which will contribute to the adaptation to climate change and reduction of greenhouse gas.