"Fostering Climate Tech Startups"... Climate Tech Innovation Alliance Launched (Comprehensive)

Communication Channel Connecting Innovative Companies, Ministries, and Public Institutions
Ongoing Dialogue to Develop Concrete Support Measures for the Climate Tech Industry

A communication channel has been established for the government, public institutions, and companies to have ongoing dialogue in order to foster climate tech startups. The goal is not only to facilitate communication, but also to develop concrete support measures for nurturing the climate tech industry.

The Ministry of SMEs and Startups and the Ministry of Climate, Energy and Environment jointly held the launch ceremony of the "Climate Tech Innovation Alliance" at D.Camp in Mapo-gu, Seoul, on March 4, 2026. At the event, representatives from leading climate tech innovation companies, relevant public agencies, and the investment sector participated to discuss policy directions for developing the climate tech industry.

In particular, the event was held in the format of a talk concert, where attendees freely shared their visions and ideas for the future of the climate tech industry and explored possible solutions.

Hansung Sook, Minister of the Ministry of SMEs and Startups (third from right), and Kim Sung-hwan, Minister of the Ministry of Climate Energy and Environment (third from left), are taking a commemorative photo with participants at the launch ceremony of the Climate Tech Innovation Alliance held on the 4th at Front One in Mapo-gu, Seoul. Ministry of SMEs and Startups

Kim Jeongbin, CEO of Superbin, which operates an artificial intelligence (AI)-based circular resource recovery robot, stated, "Eco-tech is not just a domain of the environment, but an area of innovation that is reshaping the industries of the future." He added, "When eco-tech startups continue to experiment and expand, and the government provides support, the climate tech industry will be able to advance."

Kim Jongkyu, CEO of Sixty Hertz, said, "In the public sector, there is a vast accumulation of data and know-how that is difficult for the private sector to obtain," and emphasized, "Startups should be able to leverage this data to drive innovation." Yoon Taehwan, CEO of Root Energy, commented, "When the policy fund invests in the climate tech sector, screening should be conducted in a negative manner to ensure that investments are made even in convergence areas."

Han Sangyeop, CEO of Sopoong Ventures, remarked, "Climate tech must also be fostered from the perspective of industrial growth and future competitiveness." He suggested, "I would like to propose the creation of a joint organization to coordinate policies, allowing the Ministry of Climate, Energy and Environment and the Ministry of SMEs and Startups to utilize the strengths of each ministry."

The policy ideas discussed at the event will be further developed through regular meetings in five key areas: ▲ Cleantech (renewable and alternative energy production and decentralization), ▲ Carbontech (carbon capture, storage, and reduction technologies), ▲ Ecotech (resource circulation, eco-friendly materials and products), ▲ Foodtech (carbon reduction in food production and consumption), and ▲ Geotech (carbon monitoring, surveillance, and climate adaptation).

In particular, concrete public-private alternatives will be developed for issues raised in the field, such as expanding financial support—including the creation of dedicated climate tech funds—establishing demonstration clusters for each major climate tech sector to provide startup and growth spaces for companies, and preemptive institutional and regulatory reforms to encourage innovation.

Han Seongsuk, Minister of the Ministry of SMEs and Startups, is conducting a policy debate at the 'Climate Tech Innovation Alliance Launch Ceremony' held on the 4th at Front1 in Mapo-gu, Seoul. Ministry of SMEs and Startups

The Ministry of Climate, Energy and Environment plans to incorporate suggestions on financial investment, technology support, and institutional improvements raised during these discussions into a "Climate Tech Industry Development Plan," and will continue to communicate with the Climate Tech Innovation Alliance throughout the implementation process.

Hansung Sook, Minister of SMEs and Startups, said, "Climate tech startups are key players driving both carbon neutrality and the competitiveness of future industries. By working closely with the Ministry of Climate, Energy and Environment, we will swiftly resolve challenges faced in the field and elevate our support system for the entire business lifecycle—from startup to overseas expansion—so that climate tech can become a new growth engine for Korea."

Kim Sung-hwan, Minister of Climate, Energy and Environment, stressed, "Climate tech is the technology that leads the decarbonized green civilization." He pledged, "We will establish a foundation to ensure that the innovative ideas of climate tech companies can be quickly demonstrated and widely disseminated in the field, and we will strengthen administrative and financial support for the stable growth of related businesses so that climate tech becomes a core force for green transition."

This content was produced with the assistance of AI translation services.