President Moon Jae-in reaffirmed his commitment to raising South Korea's carbon emissions reduction target by 2030.
He spoke during a virtual meeting of the Major Economies Forum on Energy and Climate on Friday, hosted by U.S. President Joe Biden ahead of the UN Climate Change Conference in Glasgow in November.
"The South Korean people, government, companies, and municipal governments are together seeking the best way for a transition into a low carbon economy. We plan to finalize our scenario for carbon neutrality by 2050, and are making last-ditch preparations to unveil our raised 2030 National Determined Contributions target by the COP26 in November."
Last month, South Korea introduced the Framework Act on Carbon Neutrality becoming the 14th country in the world to do so.
Moon said that the country would also seek ways to reduce methane emissions.
The president also asked for interest and support so that South Korea could host the UN Climate Change Conference in 2023.
The MEF, launched in 2009 by the U.S., aims to facilitate dialogue among advanced and developing economies to tackle climate change.
It has 17 participants, including the EU, China, and Japan.