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Korea's Development Assistance for Developing Nations

2012/05/26 | 62 views |  | Permalink | Source

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[Reporter : Kim Yeon-ji] Director Kim, thank you for meeting with us today. What's the role of the Korea International Cooperation Agency in the international community

[Interview : Kim Ji-yoon, Director of Climate Change Office KOICA] The Korea International Cooperation Agency is a government agency under the Ministry of Foreign Affairs and Trade. It is in charge of the grant, ODA, which is the initial of Official Development Assistance, which means in easy word 'aid'. Korean ODA focuses more on building infrastructure, which developing countries need more help with. Western countries usually identify ODA programs themselves, but Korea's ODA program is mainly focused on the needs of the developing countries. Our ODA program is closer to the needs of developing countries.

[Reporter : Kim Yeon-ji] Building a solar power plant in a small village in Cambodia, which you just did, is to help the country tackle its energy shortage and help the country achieve green growth. Is it important for Asian countries to tackle climate change together

[Interview : Kim Ji-yoon, Director of Climate Change Office
KOICA] Recently, the world is suffering from climate change, such as floods, droughts, tsunamis. According to statistics, 30% of all natural disasters take place in Asia. That's why President Lee Myung-bak initiated the East Asia Climate Partnership. We're trying to help these countries deal with and combat climate change to decrease this kind of damage.

[Reporter : Kim Yeon-ji] Is KOICA going to continue to help other developing countries tackle climate change from

[Interview : Kim Ji-yoon, Director of Climate Change Office
KOICA] Actually, the EACP will end this year. However, the Korean government is planning to increase ODA related to green growth and climate change issues. Up to 30% of total ODA until 2030. We will continue our efforts to support Asian countries combat climate change even after the EACP program ends.

Director Kim, Thank you for your time today.

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