Korea's Low-Carbon Green Growth Strategy

This paper examines Korea's low-carbon green growth strategy with a focus on three pillars: regulations to reduce greenhouse gas emissions from industries; incentive mechanisms for businesses to develop green technologies and products; and public information tools to increase awareness and dema...

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Bibliographic Details
Main Author: Kang, Sang In
Other Authors: Oh, Jin-gyu, Kim, Hongseok
Format: eBook
Language:English
Published: Paris OECD Publishing 2012
Series:OECD Development Centre Working Papers
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
Description
Summary:This paper examines Korea's low-carbon green growth strategy with a focus on three pillars: regulations to reduce greenhouse gas emissions from industries; incentive mechanisms for businesses to develop green technologies and products; and public information tools to increase awareness and demand for green products. Korea's transition to a low-carbon green growth path may provide a useful reference for many developing countries in a carbonconstrained global economy. The institutionalisation of a low-carbon green growth strategy supported by strong political leadership and elaborated implementation programmes is key to solving many socio-economic and environmental challenges posed by the traditional growth paradigm that is heavily dependent on the consumption of energy and natural resources, including fossil fuels. Efficient role sharing and co-operation among public and private stakeholders in the process of planning, budget preparation and implementation are major components of Korea's low-carbon green growth strategy
Physical Description:43 p. 21 x 29.7cm