Country:Korea
Year:2010
Policy status:In Force
Jurisdiction:National
Date Effective:2010
Date Amended:

2013 (Last amendment)

Policy Type:Policy Support>Strategic planning
Policy Target:Multi-Sectoral Policy
Agency:Committee on Green Growth
URL:http://www.greengrowth.go.kr
Description:

The Framework Act on Low Carbon, Green Growth implements measures to effectively address climate change, energy issues and promote sustainable development. These measures are partially implemented by various ministries in various documents. The Framework Act harmonizes them and is superior to them.

The Act transposes into law provisions of the National Strategy for Green Growth .

The Act builds the implementation system for green growth. On the basis of the Act the Presidential Committee on Green Growth is being established. Responsibility of the Committee is to draft and implement low carbon green growth strategies in an efficient manner that allow deployment of renewable energies and support energy efficiency projects.

Major provisions of the Act are:

  • Reduction of consumption of fossil fuels;
  • Increase energy independency by deployment of new and renewable energy sources;
  • Guarantee harmonious development of Korea’s economy with a respect to the natural environment
  • Reduction of GHG emissions by 27%-30% by 2020 relative to a "business as usual"of 2005

The government is obliged to establish five year plans and long-term plans for the energy sector development. 

Related policies:Five-Year Plan for Green Growth , National Strategy for Green Growth
Related Documents:

In order to download full version of the Framework Act on Low Carbon, Green Growth, please click here.

Last modified: Thu, 18 Feb 2016 16:50:22 CET