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Korea's Low-Carbon Green Growth Strategy

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  • Sang In Kang
  • Jin-gyu Oh
  • Hongseok Kim
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    Abstract

    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. Ce document analyse la stratégie de croissance verte à faible intensité de carbone de la Corée en examinant plus particulièrement trois éléments : les régulations pour réduire les émissions de gaz à effet de serre de l’industrie ; les mécanismes d’incitation pour les entreprises à développer les technologies et les produits respectueux de l’environnement ; et les outils d’information publics pour sensibiliser l’opinion publique et accroître la demande de produits respectueux de l’environnement. Dans une économie mondiale sous contrainte carbone, la transition de la Corée vers une croissance verte à faible intensité de carbone peut servir de point de référence pour bon nombre de pays en développement. L’institutionnalisation de la stratégie de croissance verte à faible intensité de carbone bénéficiant d’un large soutien politique et soutenue par des programmes de mise en oeuvre détaillés est essentielle pour résoudre les défis socio-économiques et environnementaux que posent le paradigme classique de la croissance fortement énergivore et consommatrice de ressources naturelles, parmi lesquelles les énergies fossiles. Un partage efficace des rôles et une coopération suivie entre les acteurs publics et privés dans le processus de planification, de préparation du budget et de mise en oeuvre sont des composantes majeures de la stratégie de croissance verte à faible intensité de carbone de la Corée.

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    File URL: http://dx.doi.org/10.1787/5k9cvqmvszbr-en
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    Bibliographic Info

    Paper provided by OECD Publishing in its series OECD Development Centre Working Papers with number 310.

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    Date of creation: 21 Mar 2012
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    Handle: RePEc:oec:devaaa:310-en

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    Keywords: green technologies; low-carbon economy; green growth; green products; économie à faible intensité de carbone; croissance verte; produits respectueux de l’environnement; technologies respectueuses de l'environnement;

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