Energy and Environmental Policy in Korea

Authored by: Suduk Kim , Yungsan Kim

The Routledge Handbook of Environmental Economics in Asia

Print publication date:  March  2015
Online publication date:  February  2015

Print ISBN: 9780415656450
eBook ISBN: 9781315746289
Adobe ISBN: 9781317597872

10.4324/9781315746289.ch30

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Abstract

On August 15, 2008, the Korean government announced with great fanfare an initiative to reduce 30 percent of greenhouse weighted potential (GWP) greenhouse gas (GHG) emissions by 2020. The initiative, named the Low Carbon Green Growth Initiative, also was publicly declared before international society at the Copenhagen COP 15.1 Numerous follow-up policy measures have been prepared in short order. The Presidential Committee on Green Growth was established in January 2009 and started to prepare the framework act on this initiative.

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