Policy status:In Force
Date Effective:2010
Policy Type:Regulatory Instruments
Policy Target:Industry
Agency:Ministry of Trade, Industry & Energy (MOTIE), Korea Energy Agency (KEA)
Legal References:Framework Act on Low Carbon, Green Growth
Enforcement:Guidelines on GHG·Energy Target Management(March, 2011)

The GHG and Energy Target Management Scheme designates companies that consume energy with certain amount of GHG emissions. The government and the companies negotiate targets for the reduction of GHG emissions and energy conservation. The government imposes a fine if the companies fail to achieve their targets.

25 Energy Efficiency Recommendations Applied:Buildings
Related policies:National Strategy for Green Growth

Last modified: Thu, 18 Feb 2016 16:37:40 CET