Global Experiences and the Korean Perspective
- KDI/EWC series on Economic Policy
Edited by Chin Hee Hahn, Sang-Hyop Lee and Kyoung-Soo Yoon
Kyoung-Soo Yoon and Min-Kyu Song INTRODUCTION Increasing evidence of global warming and the impact of greenhouse gas (GHG) on it have initiated a worldwide effort to cope with climate change.1 The 1997 Kyoto protocol was a great step toward multinational collective action to deal with this global phenomenon, regardless of whether its performance has been evaluated as successful. Ahead of the post-Kyoto era beyond 2012, international discussion on global mitigation is now under way and moving toward a certain conclusion. For the scheme to be effective for global mitigation, the post-Kyoto system should be one with more countries involved in it. Given the current status, it seems inevitable for Korea to play a role in the post-Kyoto system. As is shown in Table 9.1, the volume of carbon dioxide (CO2) emissions per unit of GDP in Korea is ranked ninth in the world, and the percentage increase from 1995 to 2006 is the topmost among the countries of the Organisation for Economic Co-operation and Development (OECD). Among non-OECD countries, only China and India are similar to Korea in volume and percentage change of GHG emissions. Taking the emissions statistics and the size of the Korean economy into consideration, it is anticipated that some responsibilities for global GHG reduction would be levied on Korea as an advanced developing country in the post-Kyoto system. The Korean government adopted “green growth” in 2008 as a national development strategy, in preparation for the post-Kyoto era, in need of finding a new growth engine under...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.