Climate change, exacerbated by the excessive use resources and the degradation of the natural ecosystems, has been linked to the spread of the infectious diseases such as the novel viruses. Climate change is closely related to the COVID-19 pandemic.

The past 50 years features the global population to double, yet, the resource consumption tripled. The continuous increase of resource consumption has accelerated the depletion of the resources, thus calls for a circular economy as a mitigation measure.

The problems on waste are becoming more severe, as can be observed in the increasing quantity of waste plastics and marine wastes. This emphasizes the need to shift to a circular economy that can foster eco-friendly production and consumption by extending product life cycles through reusing and recycling.

Preparing business model
for realizing Korea’s Green New Deal

The Korean government recently announced its New Deal project that aims to tackle the COVID-19 pandemic crisis and revitalize the domestic economy and with the Green New Deal as a part of this initiative. Europe has already adopted the European Green Deal in December 2019 as a new growth strategy to address the existential threats of climate change and environmental degradation. This is a sustainable growth strategy that considers climate and environment as essential components of policies towards realizing a just and inclusive transition. To transition to a modern, self-efficient and competitive economy, the circular economy is discussed as one of the sustainable growth strategies in the European Green Deal.

South Korea’s Green New Deal advocates the shift from a linear to circular economy. Accordingly, companies need to re-examine their business models and establish new strategies in line with the Paris Agreement and the sustainable development goals.
In line with this, through CESS 2020, companies will seek new opportunities and share their success stories in the midst of the business paradigm transition. It is expected to promote the realization of the circular economy to contribute to resources and energy conservation in industries, greenhouse gas reduction, and further creating a momentum for sustainable economic growth.


Circular Economy for Green New Deal in ‘Post COVID-19 Era’


Officials from Companies and financial institutions related to the Green New Deal and the circular economy,
related government ministries and affiliated organizations, research institutes,
universities, organizations and students interested in topics, etc.

Co-organized by

eTodayMedia and Climate Change Center

Sponsored by

Ministry of Economy and Finance, Ministry of Science and ICT, Ministry of Trade, Industry and Energy, Ministry of Environment, Ministry of Land, Infrastructure and Transport, Ministry of SMEs and Startups, Presidential Committee on the Fourth Industrial Revolution, National Council on Climate and Air Quality of Korea, Seoul Metropolitan Government, Korea Meteorological Administration

Date and Venue

· Date and Time : 25 June 2020 (Thursday), 14:00-18:00
· Venue : Novotel Ambassador Seoul Dongdaemun Hotel, Grand Ballroom (B1)