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UNEP Report on Korea's Green Growth

UNEP Report on Korea's Green Growth

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OVERVIEW OF THE REPUBLIC OF KOREA’S NATIONAL STRATEGY FOR GREEN GROWTH.
/ April 2010 /
Prepared by the United Nations Environment Programme as part of its Green Economy Initiative.
OVERVIEW OF THE REPUBLIC OF KOREA’S NATIONAL STRATEGY FOR GREEN GROWTH.
/ April 2010 /
Prepared by the United Nations Environment Programme as part of its Green Economy Initiative.

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Published by: Republic of Korea (Korea.net) on Apr 26, 2010
Copyright:Attribution Non-commercial

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 United Nations Environment Programme
OVERVIEW OF THE REPUBLIC OFKOREA’S NATIONAL STRATEGY FOR GREEN GROWTH
April 2010Prepared by the United Nations Environment Programmeas part of its Green Economy Initiative
 
 Overview of the Republic of Korea’s National Strategy for Green Growth2
CONTENTS
Purpose of this report 4Acknowledgement 5Foreword 6Executive Summary 81.
 
Republic of Korea’s National Strategy for Green Growth 14
1.1
 
Green Stimulus 151.2
 
Five-Year Plan for Green Growth 16
2.
 
Key Aspects of the National Strategy and Five-Year Plan for Green Growth 18
2.1
 
Climate Change 182.1.1
 
Korean Green Growth plans and objectives 192.1.2
 
Review 212.2
 
Energy Efficiency 242.2.1
 
Korean Green Growth plans and objectives 242.2.2
 
Review 242.3
 
Renewables and Nuclear Energy 262.3.1
 
Korean Green Growth plans and objectives 262.3.2
 
Review 282.4
 
Transport, Cities and Fuel Efficiency 302.4.1
 
Korean Green Growth plans and objectives 302.4.2
 
Review 312.5
 
Water and Ecological Infrastructure 322.5.1
 
Korean Green Growth plans and objectives 332.5.2
 
Review 352.6
 
Green Technologies as Future Growth Engines 362.6.1
 
Korean Green Growth plans and objectives 362.6.2
 
Review 38
3
 
Policy and Fiscal Reform 39
3.1
 
Korean Green Growth plans and objectives 393.2
 
Review 40
4
 
Institutional Process and Participation 41
4.1
 
Korean Green Growth plans and objectives 414.2
 
Review 42
5
 
Conclusion 43
 
UNEP April 20103
Endnotes 51Figures
Figure 1: Republic of Korea’s green stimulus spending per sector 15Figure 2: GHG Emissions by Sector in 2005 (CO
2
, CH4, PFCs, HFCs, SF6, excl. land use change) 18Figure 3: CO
2
intensity of economy, 1990-2005 (%) 19Figure 4: Projected growth in CO
2
emissions under IEA reference and low-carbon scenarios (%) 21Figure 5: Energy Intensity in Republic of Korea and Selected IEA Countries, 1973 to 2010 25Figure 6: Share of total primary energy supply in the Republic of Korea in 2007 28Figure 7: Net hydroelectric power generation, 2006 (Billion Kw/h) 29
Tables
Table 1: Three strategies and 10 policy directions in Republic of Korea’s Five-Year Plan 17Table 2: Estimated economic effects of Republic of Korea’s Five-Year Plan 17Table 3: New and renewable energy (NRE) deployment in Korea: Status and projections 27Table 4: List of 27 core technologies in the Five-Year Plan 36
Boxes
Box 1: Republic of Korea’s 2020 midterm greenhouse gas (GHG) mitigation target 20Box 2: Carbon labelling system in the Republic of Korea 42
Acronyms 49Annexes
Annex 1: Investment in the Five-Year Plan 2009-2013 (US$ billion) 45Annex 2: Investment plan for the Four Major Rivers Restoration Project -Main Project (US$ bn) 45Annex 3: Investment plan for the Seomjin river and tributaries to the four major rivers (US$ bn) 46Annex 4: Issues to address in the assessment of the usefulness and feasibility of wetlandrestoration projects 46Annex 5: Other Ramsar Resolutions on the conservation of tidal flats and wetlands 47Annex 6: National and per capita CO2 emissions, 1990-2005 (excluding land use change) 48

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