Details

Subjects:

Development.

Local subjects:

Korea, Republic of. (search)

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.

Notes:

Title from title screen (viewed May 1, 2017).

Contributor:

Oh, Jin-gyu.
Kim, Hongseok.
SourceOECD (Online Service)

Access Restriction:

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