Country:Korea
Year:2008
Policy status:In Force
Jurisdiction:National
Date Effective:2008
Policy Type:Voluntary Approaches>Public Voluntary Schemes
Policy Target:Framework/ Multi-sectoral Policy
Agency:Ministry of Trade, Industry and Energy (MOTIE), Korea Energy Agency (KEA)
URL:http://www.energy.or.kr/renew_eng/main/main.aspx
Funding:Government funding
Description:

Carbon Neutral Program is a voluntary GHG reduction program that sets the reduction targets based on the GHG emission from daily activities of businesses, local governments, organizations, or individuals. Since 2008, the program attracted a total 24,000 of applicants and 510,000 tons of confirmed certificates were issued for GHG reduction activities by means of direct reduction, purchase or CSR.

The offset costs that were collected from CSR were used to establish the Carbon Neutral Forest and install NRE facilities. 2014 saw the first participation from the international sports sector, the Organizing Committee of 17th Asian Games Incheon 2014 participated in Carbon Neutral Program, and reduced approximately 130,000 tons of CO2.

Last modified: Thu, 02 Jun 2016 15:52:46 CEST