Korea Environmental Industry & Technology Institute (KEITI) will join hands with the United Nations Environment Programme (UNEP) to spread Korea’s excellent environmental policies to the world.

KEITI signed an MOU to strengthen cooperation on environmental policies with the Division of Technology, Industry and Economics of UNEP (UNEP DTIE*) on June 6 at UNEP’s Office in Paris, France.

* UENP DTIE is a division in charge of sustainable production and consumption, energy, climate, chemicals, waste and so forth.

The signing ceremony was attended by Kim Yong Joo, President of KEITI, Arab Hoballah, Chief of the Sustainable Consumption and Production in DTIE and staff. The MOU includes provisions for sustainable consumption and production, green financing and so forth.

The Korean government has been implementing excellent policies on green consumption such as Green Card, Green Stores and Green e-Procurement, and operating the green financing scheme to offer favorable interest rates to companies that perform environmentally-friendly management.

The signing of MOU will help spread Korea’s leading environmental policies to the international community, thereby expanding opportunities for Korean companies to make inroads into the global market.

KEITI signed an MOU on Green Purchase with UNEP in 2013, and excellent achievements are now leading to another MOU with expanded scope of cooperation including green financing.

As the Sustainable Development Goals (SDGs) were adopted at the UN General Assembly last year, governments are expected to improve their environmental policies. Against this backdrop, KEITI will actively promote Korea’s environmental policies by strengthening public confidence based on cooperation with the international organization.

In addition, KEITI has served as director of UN's 10-year Framework of Programmes on Sustainable Consumption and Production Patterns (10YFP) and strived to expand the sustainable consumption and production system in Asia-Pacific.

"KEITI will make utmost efforts to promote Korea's environmental policies and support domestic companies to advance into the foreign market by closely working together with UNEP," said Kim Yong Joo, President of KEITI.