Japan-Korea Energy Cooperation

The video discusses the geopolitical risks and potential energy collaborations between Japan and South Korea, focusing on LNG procurement and offshore wind development. It highlights the challenges posed by historical tensions and the separate EV markets in both countries. The Asian Development Bank's new climate program, aiming to leverage $3 billion in guarantees for climate change projects, is also covered.

What is a potential area of collaboration between Japan and South Korea in the energy sector?

• LNG procurement

• Oil drilling

• Coal mining

• Hydraulic fracturing

What has historically been a challenge in Japan and South Korea's energy collaboration?

• Insufficient funding

• Geopolitical tensions

• Cultural differences

• Lack of technology

Which country had a higher share of EV sales last year?

• India

• South Korea

• Japan

• China

What is the goal of the Asian Development Bank's new climate program?

• To provide $100 billion in climate finance by 2030

• To plant one billion trees

• To reduce global warming by 50%

• To eliminate fossil fuels by 2025

How much does the Asian Development Bank aim to leverage in loans for climate change projects?

• $20 billion

• $5 billion

• $10 billion

• $15 billion