This Post was submitted by Climate Scorecard South Korea Country Manager Hatyja Nuriyeva Incheon, the third largest city in South Korea, is emerging as a global city. Incheon is in pursuit of an eco-friendly transformation based on its Green New Deal Projects. Every public institution in Incheon launched recycling expansion and waste reduction campaigns...
Submitted by Climate Scorecard South Korea Country Manager Hatyja NuriyevaBackground Korea’s energy market is in part characterized by total primary energy supply (TPES), 85% of which was fossil fuels in 2018. The country is heavily reliant on energy imports and 55% of its total final consumption is comprised of industrial energy usage. Among all IEA...
Policy Recommendation #1: A modification of the emission monitoring system aimed at accounting for emissions from consumption (rather than production) Policy Recommendation #2: Prioritize the disbursement of climate finance support to lower middle- and poor-income groups Policy Recommendation #3: The Korean Government should develop performance driven regulatory frameworks that attract investment in clean energy Over recent...
