2012년 10월 30일 화요일
Songdo of Incehon city wins bid to bring in headquarters of Green Climate Fund
Incheon is in the center of the 'Green Earth'
▶ Raises a $ 800 billion fund
▶ A greenbank as large as IMF
▶ Initially 500 people. Up to more than 8,000 people working as an international organization member.
▶ Elevating national prestige by holding a large scale international organization for the first time.
▶ Elevating the brand power of Incheon.
Because of the rapid climate change, the whole human race is at the crossroads of survival. Especially, reducing green-house gases from the developing countries and adapting to the climate change is problem that the world should solve together.
To solve the environmental problems of these countries a huge sum of financial resources are required. And GCF is the organization that handles it.
G.C.F means Green Climate Fund.
The international society has realized the urgency of climate change, and thus gathered $100 billion to support developing countries adapt climate change. The establishment of 'Green Climate Fund(GCF)', an organization to create and use the financial resources is imminent.
becomes a member of
UN Security Council!
10 non-permanent members enjoy power of decision making in several important issues such as resolution in disputed region, and deploying UN Peacekeeping Operations(PKO).
Now, South Korea has become a prominent nation contributing for the world peace~
2013-14 non-permanent member of UN Security Council.
Re-enters as a member after 16 years since its term of 1996-97
Secured 149 votes among 193 UN members
As one of 15 member states, it will play a major role in global peacekeeping
Positive effects on controlling the stability in Korean Peninsula
High Status in international foreign affairs,
Now its Global Korea.
"I am confident that this crisis can advance our dream of becoming an advanced first-class nation," President Lee Myung-bak told a group of business leaders in 2009. To accomplish his goal, South Korea boosted government research and development spending from 3.4 percent -- already among the world's highest -- to 5 percent. The emphasis on innovation, combined with generous subsidies, not to mention a policy of keeping the won low to boost exports, has helped South Korean industrial giants like Samsung, Kia, and Hyundai rack up global market share. South Korea was the first wealthy country to emerge from recession in 2009, and household income has grown for the last 11 quarters. The country's credit rating was upgraded by Fitch in September, cementing its status as a haven for investors. South Korea still faces economic challenges -- domestic consumption has been low, and Korean households are among the world's most debt-laden -- but once global trade picks up, expect the Korean wave to crash on a shore near you.
"South Korea, one of 7 nations that overcame Global Economic Crisis"
US magazine Foreign Policy highly evaluated President Lee's Stimulative Economic Policy.
The US diplomacy magazine <Foreign Policy> published article 'Who won the recession? These 7 Countries' in their November issue saying "The rise of China and India has long since become a cliche. In fact, neither country has done all that well since the crash of 2008 -- but South Korea, Poland, Canada, Sweden, Indonesia, Turkey,Mexico, these emerging powerhouses have cleaned up".
On Oct. 11th, Wall Street Journal published an editorial article saying "By embracing FTAs with U.S. and Europe, President Lee Myung Bak showed his attempt to open up South Korean market", also "this opening will provide benefits to South Korean consumers with expanded choices and less prices of products, resulting to development of the economy".