Yonhap: Leading economies call for faster transition to global clean energy economy

Policymakers from the world's leading economies that account for roughly 70 percent of all energy consumption on Tuesday called for accelerating the transition to a global clean energy economy that can help deal with climate change and energy security issues.

In a press conference held at the conclusion of the three-day 5th Clean Energy Ministerial (CEM) meeting in Seoul, Yoon Sang-jick, South Korea's minister of trade, industry and energy, said clean energy development depends of three key pillars based on finding good technology, investment and market creation.

Yoon, who hosted the gathering, said for such pillars to contribute to clean energy use, trust building among interested parties is essential. "By building trust, market actors can reduce risks associated with developing new technologies," he said.
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