South Korea

Korea plans to receive 100 million tons of carbon emission credits over the next decade in return for planting trees on a 200,000-hectare plot of land in Indonesia.

Korea will try to successfully launch the first Asian international agency by 2013 proposed by the country, the Asian Forest Cooperation Organization (AFoCO) to be based in Seoul.

The Korea Forest Service (KFS) said Monday that the country will put forth its best efforts to realize its agreement with ASEAN member states last week on the establishment of AFoCO.

CHANGWON ― Over the next five years, Korea will channel 3 billion won ($2.6 million) to plant millions of trees along the border areas of China and Mongolia to prevent the expansion of yellow dust storms here.

Toward that end, the Korea Forest Service (KFS) signed a memorandum of understanding (MOU) Tuesday with the two neighboring states on the sidelines of the United Nations Convention to Combat Desertification (UNCCD) conference in Changwon, South Gyeongsang Province.