Tech-sharing key to success of climate summit—France

French President Francois Hollande, attends the Green Growth High-level roundtable at the Ewha Woman’s University in Seoul, South Korea, Wednesday, Nov. 4, 2015. Hollande is in Seoul on a two-day official visit to promote cooperation between the two countries and climate change response plan. Pool Photo via AP

SEOUL, South Korea—French President Francois Hollande said Wednesday that sharing emissions-cutting technology with emerging nations like India and China will be a key part of the “success or failure” of climate change talks in Paris next month.

READ: French president seeks climate accord ally in Seoul

Hollande made the call on a visit to South Korea, the first by a French head of state in 15 years, where he is looking to bring Seoul on board as a “very useful” ally in securing a global climate deal in Paris next month.

READ: France’s Hollande heads to China ahead of key climate summit

He flew to South Korea after a visit to China, where he reached what he described as a “historic” agreement that the international deal on tackling climate change to be negotiated in Paris should include checks on compliance.

The November 30 to December 11 conference, to be attended by at least 80 world leaders, seeks a single global agreement, with the goal of capping warming at two degrees Celsius (3.6 degrees Fahrenheit) over pre-Industrial Revolution levels.

At a climate change and green growth round table in Seoul, Hollande stressed the critical importance of sharing emissions-cutting technology with emerging countries like India and China.

“It’s not just about fixing norms and limits, but also about taking a big technological leap, and not being scared to share technology,” he said.

“To my mind, that is what will decide success or failure,” he added.

The world’s nations have been arguing for more than two decades over how to share the burden of cutting carbon emissions.

Several countries, including India, have said they want assurances of finance and clean-energy technology transfers from richer nations to adapt to a new, climate-altered world.

Hollande is hoping South Korea will play the role of facilitator in getting the Paris agreement signed.

South Korea hosts the Green Climate Fund—the global fund created to spearhead climate change financing—and is seen as a key go-between in negotiations on whether developed or developing countries should bear more of the burden for reducing emissions.

Ensuring success

The French president said the negotiations would begin before the Paris conference, with leaders of the G20 group of leading industrialized and emerging economies due to meet next week at a summit in Turkey.

“Success in Paris needs to be secured before Paris, and that’s why I thought it was necessary to stop over in Seoul,” Hollande told the round table.

“South Korea is heavily involved in preparations for the Paris meeting and will have a very useful role to play in the whole process,” he added.

South Korea has made significant efforts to boost its green credentials in recent years, and in January became the first Asian country to set up a carbon emissions trading exchange.

The country, Asia’s fourth largest economy, is among the world’s top-10 carbon emitters, but in June it finalised a 2030 target of reducing greenhouse gas emissions by 37 percent from business-as-usual (BAU) levels—higher than its earlier plan for a 15-30 percent cut.

Also participating in the round table meeting was South Korean climate economist Hoesung Lee, who was elected to head the UN’s climate science panel last month.

Among EU countries, France is the second-largest investor in South Korea and Hollande’s visit is also aimed at boosting economic ties, especially in the IT sector, with a particular focus on Korea’s burgeoning start-up community.

Earlier this year, Google opened its first Asian start-up “campus” in South Korea, which boasts some of the world’s fastest broadband speeds and highest smartphone penetration rates.

Hollande is scheduled to hold talks with President Park Geun-Hye later in the day with both leaders expected to sign a number of accords before the French president departs for Paris in the evening.

Hollande is travelling with a delegation of corporate heads and a clutch of senior ministers on the trip which coincides with the 130th anniversary of diplomatic ties between the two countries.