INTIEAKorea · Public–Private Overseas Resource Development StrategyPolicyIn force

Public–Private Overseas Resource Development Strategy

The strategy promotes public-private cooperation in overseas resource development to reduce Korea’s exposure to energy and critical-mineral import risks. It supports private-sector investment through public financing, risk sharing, project discovery and participation by public…

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Country / jurisdiction: Korea · Year: 2024 · Status: In force · Level: National · Type: Voluntary

The strategy promotes public-private cooperation in overseas resource development to reduce Korea’s exposure to energy and critical-mineral import risks. It supports private-sector investment through public financing, risk sharing, project discovery and participation by public resource institutions. The policy is closely linked to Korea’s broader resource-security agenda, including overseas development of critical minerals, supply-source diversification and stronger public support for strategically important projects. It should be coded as a supply-security strategy because its main objective is to secure upstream access to energy and mineral resources.

Official source: https://eiec.kdi.re.kr/policy/callDownload.do?num=249399&filenum=2&dtime=20240510081219

Source

https://www.iea.org/policies/31695

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