By Jang Daul

The new Global Risks Report for this year was disclosed by the World Economic Forum this month. It contains leading insights on the evolving global risks landscape from 1,490 experts across academia, business, government, the international community and civil society.

Similar to the 2023 report, climate-related risks — extreme weather events, critical changes to Earth systems, and biodiversity loss and ecosystem collapse — again were the top three risks in terms of severity over a 10-year period.

This implies that the competitiveness of global corporations is contingent on improved climate action.

Setting the world on a path to reaching climate targets to secure a habitable planet for ourselves and our children, requires that corporations enhance energy efficiency and make an expeditious shift from reliance on fossil fuels to embracing renewable energy sources in order to curb all greenhouse gas (GHG) emissions as fast and as ambitiously as possible.

On Monday, the Korean government unveiled plans to build a colossal 622 trillion won ($471 billion) mega chip cluster in Gyeonggi Province. This ambitious endeavor aims to solidify Korea's position as a global hub for semiconductor manufacturing and innovation.

Within what will probably be the........

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