Korea's Green Growth Strategy: Mitigating Climate Change and Developing New Growth Engines
Korea's greenhouse gas emissions almost doubled between 1990 and 2005, the highest growth rate in the OECD area. Korea recently set a target of reducing emissions by 30% by 2020 relative to a "business as usual" baseline, implying a 4% cut from the 2005 level. Achieving this objective...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2011
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| Schriftenreihe: | OECD Economics Department Working Papers
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Korea's greenhouse gas emissions almost doubled between 1990 and 2005, the highest growth rate in the OECD area. Korea recently set a target of reducing emissions by 30% by 2020 relative to a "business as usual" baseline, implying a 4% cut from the 2005 level. Achieving this objective in a cost-effective manner requires moving from a strategy based on voluntary commitments by firms to market-based instruments. The priority is to establish a comprehensive cap-and-trade scheme, supplemented, if necessary, by carbon taxes in areas not covered by trading. Achieving a significant cut in emissions requires a shift from energy-intensive industries to low-carbon ones. Korea is strongly committed to promoting green growth through its Five-Year Plan, which envisages spending 2% of GDP per year through 2013. One challenge is to ensure that these expenditures are efficiently targeted so as to develop green technologies, while avoiding the risks inherent in industrial policy |
| Beschreibung: | 1 Online-Ressource (31 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/5kmbhk4gh1ns-en |
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| spelling | Jones, Randall S... Verfasser aut Korea's Green Growth Strategy Mitigating Climate Change and Developing New Growth Engines Randall S. Jones and Byungseo Yoo = Stratégie de croissance verte pour la Corée : Lutter contre le changement climatique et tirer parti des nouvelles sources de croissance / Randall S. Jones et Byungseo Yoo Stratégie de croissance verte pour la Corée Paris OECD Publishing 2011 1 Online-Ressource (31 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers Korea's greenhouse gas emissions almost doubled between 1990 and 2005, the highest growth rate in the OECD area. Korea recently set a target of reducing emissions by 30% by 2020 relative to a "business as usual" baseline, implying a 4% cut from the 2005 level. Achieving this objective in a cost-effective manner requires moving from a strategy based on voluntary commitments by firms to market-based instruments. The priority is to establish a comprehensive cap-and-trade scheme, supplemented, if necessary, by carbon taxes in areas not covered by trading. Achieving a significant cut in emissions requires a shift from energy-intensive industries to low-carbon ones. Korea is strongly committed to promoting green growth through its Five-Year Plan, which envisages spending 2% of GDP per year through 2013. One challenge is to ensure that these expenditures are efficiently targeted so as to develop green technologies, while avoiding the risks inherent in industrial policy Economics Korea, Republic of Yoo, Byungseo ctb https://doi.org/10.1787/5kmbhk4gh1ns-en Verlag kostenfrei Volltext |
| spellingShingle | Jones, Randall S.. Korea's Green Growth Strategy Mitigating Climate Change and Developing New Growth Engines Economics Korea, Republic of |
| title | Korea's Green Growth Strategy Mitigating Climate Change and Developing New Growth Engines |
| title_alt | Stratégie de croissance verte pour la Corée |
| title_auth | Korea's Green Growth Strategy Mitigating Climate Change and Developing New Growth Engines |
| title_exact_search | Korea's Green Growth Strategy Mitigating Climate Change and Developing New Growth Engines |
| title_exact_search_txtP | Korea's Green Growth Strategy Mitigating Climate Change and Developing New Growth Engines |
| title_full | Korea's Green Growth Strategy Mitigating Climate Change and Developing New Growth Engines Randall S. Jones and Byungseo Yoo = Stratégie de croissance verte pour la Corée : Lutter contre le changement climatique et tirer parti des nouvelles sources de croissance / Randall S. Jones et Byungseo Yoo |
| title_fullStr | Korea's Green Growth Strategy Mitigating Climate Change and Developing New Growth Engines Randall S. Jones and Byungseo Yoo = Stratégie de croissance verte pour la Corée : Lutter contre le changement climatique et tirer parti des nouvelles sources de croissance / Randall S. Jones et Byungseo Yoo |
| title_full_unstemmed | Korea's Green Growth Strategy Mitigating Climate Change and Developing New Growth Engines Randall S. Jones and Byungseo Yoo = Stratégie de croissance verte pour la Corée : Lutter contre le changement climatique et tirer parti des nouvelles sources de croissance / Randall S. Jones et Byungseo Yoo |
| title_short | Korea's Green Growth Strategy |
| title_sort | korea s green growth strategy mitigating climate change and developing new growth engines |
| title_sub | Mitigating Climate Change and Developing New Growth Engines |
| topic | Economics Korea, Republic of |
| topic_facet | Economics Korea, Republic of |
| url | https://doi.org/10.1787/5kmbhk4gh1ns-en |
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