Korea recently witnessed a significant meeting aimed at fostering a strong and sustainable biochar market. The unique meeting involved the Korean Ministry of Agriculture, Food and Rural Affairs (MAFRA), featuring an esteemed assembly of international university experts and Corporations.

Deputy Minister Mr. Beom Su Park spoke about how MAFRA identifies biochar as an ideal technology for achieving carbon neutrality in Korea. Under the government action plan, MAFRA has been conducting research in collaboration with research institutes and industries concerning the sustainable biochar market, especially in converting livestock manure into biochar. MAFRA also implements finance and policy-based actions to create infrastructure for a sustainable livestock manure-based biochar market. MAFRA plans to provide subsidies for facility installation, livestock manure treatment, and voluntary greenhouse gas (GHG) reduction projects (10 USD per 1 ton of GHG). The amendment of the Livestock Manure Act to define and set standards for biochar is also in the pipeline.