Wood Construction Can Make Korea’s Green Deal Greener
As the world continues to recover from the COVID-19 induced economic recession, South Korean President Moon administration has proposed spending $60 billion over the next five years on the Korean New Deal to prepare the South Korean economy for the future.
The Korean New Deal is centred on two pillars – the Green New Deal and the Digital New Deal. While the Green New Deal is focused on South Korea’s transformation to a net-zero economy, the Digital New Deal would lay the foundations for a digital economy that will spur economic growth and innovation.
As climate change has emerged as the most dominant factors in our environment, wood building has become a crucial part of the solution. The opportunity for new, larger wood buildings is now being recognized as a viable option in South Korea by the design and building community.
Today’s building codes, coupled with advances in building technology such as CLT(cross-laminated timber), have expanded the options for wood construction in South Korea and globally. The greater use of wood in construction in the urban centre of the metropolis like Seoul will be an ideal solution to fulfil the government’s green ambition and contribute to the economic revival while responding to climate change. It’s promising that wood construction can leverage the potential and harness South Korea’s green transformation opportunities.