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Korean Low Impact Development Association Establishes European Branch in EU
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Summarized by durumis AI
- The Korean Low Impact Development Association has established a European branch in Germany to introduce K-LID (Korean Low Impact Development) technology, actively pursuing entry into the European market.
- Due to the increasing urban flooding damage caused by climate change, the need for Korean Low Impact Development technology has been growing in Europe. Particularly, the establishment of the branch was made at the request of the urban planning committee in Frankfurt, Germany.
- The association plans to spread K-LID technology throughout Europe through the European branch, build partnerships with local players, and contribute to solving urban flooding issues in the era of climate change.
The Korea Low Impact Development Association (President Choi Kyung-young) established its European branch in Germany on the 21st and introduced K-LID technology, the association's Korean low-impact development technology, to the local area.
The Korean Low Impact Development Association has established a European branch in Frankfurt, Germany.
Spreading Korean Low-Impact Development Technology to Solve Urban Flooding Issues in the Era of Climate Change
February 20, 2024 – Seoul, South Korea – The Korea Low Impact Development Association (President Choi Kyung-young) announced on the 21st that it will be launching its European branch in Frankfurt, Germany, marking the official beginning of its expansion into the European market. The establishment of this branch is considered a strategic move towards addressing the severe climate crisis in Europe and expanding the overseas market for Korea's low-impact development (K-LID) technology.
Increasing Urban Flooding Damage Due to Climate Change Brings Attention to Korean Low-Impact Development Technology
Europe has recently been experiencing frequent heavy rainfall and flood damage due to the extreme effects of climate change. Germany, in particular, experienced severe damage in August last year, including flooding at Frankfurt Airport and subways. In this situation, Korean low-impact development (K-LID) technology is drawing attention as a key technology for sustainable urban development and solving environmental problems.
Korean Low-Impact Development Technology Boasts Excellent Water Circulation Ability and Long-Term Percolation Capability
The Korea Low Impact Development Association, a non-profit organization under the jurisdiction of the Ministry of Environment established in 2018, is developing various technologies to address environmental pollution problems caused by rapid urbanization and promote environmentally friendly land use. In particular, Korean low-impact development technology is evaluated as minimizing urban flooding damage and enabling sustainable water management through its excellent water circulation ability and long-term percolation capability.
Technology Introduced and European Branch Established at the Request of Frankfurt City Planning Committee
The establishment of the European branch was made at the request of Professor Alfred Hoffmann, a member of the Frankfurt City Planning Committee. Recognizing the outstanding excellence of Korean low-impact development technology, Professor Hoffmann requested the establishment of a branch from the association to apply this technology to addressing climate change and urban flooding issues in Frankfurt and other European cities.
Establishment of European Branch Expected to Accelerate Overseas Expansion of Korean Low-Impact Development Technology
The Korea Low Impact Development Association expects the following benefits from the establishment of the European branch.
Expanding into the European Market: Actively introduce Korean low-impact development technology throughout Europe and establish an export foundation
Building Local Partnerships: Establish partnerships with major European institutions and businesses for technology exchange, joint research, and project implementation
Strengthening Global Competitiveness: Accelerate the overseas market expansion of Korean low-impact development technology and enhance global competitiveness
Taking the Lead in Spreading Korean Low-Impact Development Technology Overseas in the Era of Climate Change
President Choi Kyung-young of the Korea Low Impact Development Association stated, “The establishment of this European branch will serve as a crucial stepping stone for the overseas market expansion of Korean low-impact development technology.” He also emphasized, “The association will actively spread technology throughout Europe centered on the European branch, build local partnerships, and contribute to solving urban flooding problems in the era of climate change.”
Introduction to the Korea Low Impact Development Association
The Korea Low Impact Development Association is a non-profit organization under the jurisdiction of the Ministry of Environment established on October 30, 2018, with the goal of addressing environmental pollution caused by rapid urbanization, promoting environmentally friendly land use centered on low-impact development (LID), establishing a healthy water circulation system, and contributing to the safety and quality of life of citizens.
