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The Current Status of GHG Mitigation Policy and the Industrial Sector

in Korea

2010. 03. 23

JI AE CHON

Product Environmental Strategy Dep.ECOSIAN

The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 2The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea

Intro

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Ⅰ. Climate Change Policy in Korea

Ⅱ. Government’s Supporting Businesses

Ⅲ. Government Position and Industry

1. Laws on Green Growth in Korea1. Laws on Green Growth in Korea

2. Five-Action Plan2. Five-Action Plan

Contents

The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 4The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 4

1. Laws on Green Growth in Korea

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3

The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 5The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 5

2. Five-Action Plan

• Website: http://www.greengrowth.go.kr/english/en_main/index.do

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Five-Action Plan for Green Growth

• Make economic players report their emissions and build a national greenhouse gas inventory system

• Build a national GHG inventory reporting system which is now contributing to making carbon information

• Manage about carbon absorption. • Strengthen a ‘Green Korea Peninsula’

cooperation between the South and North Korea

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Ⅰ. Climate Change Policy in Korea

Ⅱ. Government Driven Programs

Ⅲ. Government Position and Industry

1. Programs by Government 1. Programs by Government

3. Registration of GHG Reduction 3. Registration of GHG Reduction

4. Korean Emission Trading System4. Korean Emission Trading System

2. GEIS(GHG Emission Information System)2. GEIS(GHG Emission Information System)

Contents

The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 7The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 7

1. Programs by Government

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Ministry of Knowledge Economy

Ministry of Environment

Energy Saving in Buildings Carbon Labeling

Energy Service Company(ESCO)

Promotion of Green Lifestyle

Voluntary Agreement Certification of Green Building

New, Renewable Energy Korea Emission Trading System

(KETS)

Clean Development Mechanism(CDM)

Developing Core Environment Technologies

The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 8The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 8

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2. GEIS(Greenhouse Gas Emission Information System)

Greenhouse Gas Emission Information System

The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 9The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 9

3. Registration of GHG Reduction

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3Application for project registration Application for project registration

Field evaluation Field evaluation

Project implementation management Project implementation management

Verification Verification

Certification Certification

Reduction record management Reduction record management

Procedure for Registration of GHG Reduction Records

The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 10The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 10

4. Korean Emission Trading System

1

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3

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Ⅰ. Climate Change Policy in Korea

Ⅱ. Government’s Supporting Businesses

Ⅲ. Government Position and Industry

1. Pressure on Industries 1. Pressure on Industries

Contents

2. Conclusion 2. Conclusion

The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 12The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 12

1. Pressure on Industries

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Reduction Scenarios

The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 13The Current Status of GHG Mitigation Policy and the Industrial Sector in Korea 13

Policy – Appropriate & Transparent

Committee – Communicative & Effective

Target – Adaptable for each Industry

2. Conclusion

Recommendation

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Thank you

JI AE CHON

cheer_anne@ecosian.com+82-10-7158-7129