The U.S.-Korea Business Council working group on energy and green growth works to identify areas of common interest between the U.S. and Korean business communities in increasing energy efficiency, ensuring the security of a diverse and reliable source of energy, and identifying opportunities for collaboration related to green growth policies. The working group directs the Council’s program of work on energy and green growth-related issues, and it identifies policy goals and recommendations to propose to the U.S. and Korean governments.

Recent Activities

Meeting with Delegation of Korean Ministry of Knowledge Economy Energy Officials
December 8, 2009
Washington, DC

Business Forum on Energy, Climate Change and Green Growth
November 5, 2009
Washington, DC

The energy and green growth working group held a business forum on November 5, 2009 to discuss energy, green growth, and climate change issues within the U.S.-Korea economic relationship. The forum, which included presentations from Korean government officials and U.S. and Korean policy and business experts on energy and climate change issues, focused around the following topics:

What goals do the U.S. and Korean business communities, and other stakeholders, share on energy security and climate change issues?

What potential opportunities exist for cooperation and collaboration on these issues between the U.S. and Korean business communities, within a bilateral, regional, and global context?

What would be useful actions for the U.S. and Korean business communities to take to accomplish these goals?

How can the United States and Korea most effectively utilize regional and global frameworks, such as APEC, to pursue shared interests?

During the discussion at this forum, participants concurred on the importance of cooperation between the United States and Korea in monitoring developments on a post-Kyoto mechanism; identifying opportunities for cooperation in promoting renewable energy and energy efficiency to provide an economic boost to both economies; and in promoting collaboration on energy-related R&D and in bringing new technologies and processes to market.