Are the Koreas starting to become more of a player in the green economy?



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    The South Korean government will be spending 50 trillion won ($38 billion) over the next four years in a “Green New Deal” to spur economic growth and create more than 956,000 jobs. The projects will include recycling, carbon reduction, energy conservation, flood prevention, river management and maintaining forest resources to be pursued under the plan, endorsed by the Ministry of Strategy and Finance on Monday and approved at a Cabinet meeting.

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