As part of its efforts to achieve carbon neutrality by 2050, the city of Seoul announced plans to make buildings in the capital more eco-friendly and help get more electric vehicles on the roads.
By 2026, the city’s going to offer help to renovate a million mostly privately owned homes and buildings, which will include interest-free financing for energy-efficient improvements.
It’ll also add infrastructure to boost the number of electric vehicles in the city to 400-thousand, or about a tenth of all cars.
The city says the plan will cost around 8.4b U.S. dollars.
By 2026, the goal is to reduce greenhouse gas emissions from 2005 levels by 30 percent.
