In a testament to their strong bilateral ties, the Sultanate of Oman and the Republic of Korea have forged a Memorandum of Understanding (MoU) focused on advancing green transformation initiatives. The Ministry of Energy and Minerals of Oman and the Ministry of Environment of South Korea have jointly entered into this agreement to bolster their collaboration in the realm of sustainable and environmentally friendly practices. The MoU was signed by H.E. Eng. Salim bin Nasser Al-Aufi, Minister of Energy and Minerals for Oman, and H.E. Han Wha-jin, Minister of Environment for South Korea.
The main objective of this MoU is to foster a deeper understanding of green transformation policies and technologies, encourage comprehensive cooperation between governmental bodies, industries, and research institutions, and support joint initiatives on a global scale to expedite advancements in green transformation policies and technologies. This bilateral commitment encompasses a wide range of areas, including the development of green policies and programs, sustainable technologies for environmental preservation, and the adoption of green energy throughout various stages of production, storage, distribution, and consumption.
Both nations are dedicated to building their capacity to address climate-related challenges, promote industries pivotal to green transformation, encourage research and development undertakings, enhance education and awareness initiatives, and strengthen various aspects of the green transformation process.
In alignment with its goal of achieving carbon neutrality by 2050, Oman is actively executing strategic plans to transition its energy landscape. This roadmap aims to curtail carbon emissions, promote sustainable development, mitigate the impacts of climate change, and harness clean technologies and diverse energy sources. The Ministry of Energy and Minerals is actively working to establish domestic and international collaborations that align with the nation’s green energy aspirations. This initiative is in line with Oman’s national strategy, which is designed to systematically transition towards carbon neutrality. The nation has already taken significant steps in this direction, evident through the launch of clean energy projects and investment packages targeting green hydrogen ventures.