This policy sets out a roadmap for the transformation of the South Korean economy focusing on three pillars: the digital transformation, the transition to a green economy, and the improvement of social safety nets. The total invesment planned for the transition to a green economy is USD 31 billion, and it focuses on green retrofits, renewable energy and low-emissions mobility.
According to the CAT, " By 2025 the Green New Deal targets 42.7 GW of renewable power capacity, 1.13 million electric cars, 200,000 hydrogen cars, and the scrapping of 2.2 million old diesel cars."