Handbook on Green Growth
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Handbook on Green Growth

Edited by Roger Fouquet

Economies around the world have arrived at a critical juncture: to continue to grow fuelled by fossil fuels and exacerbate climate change, or to move towards more sustainable, greener, growth. Choosing the latter is shown to help address climate change, as well as present new economic opportunities. This Handbook provides a deeper understanding of the concept of green growth, and highlights key lessons from the experience of green transformations across the world following a decade of ambitious stimulus packages and green reforms.
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Chapter 15: Green growth in South Korea

Jae-Seung Lee

Abstract

Based on the green growth concept in a broad sense, this chapter examines the evolution of South Korea’s green growth strategy under the previous two administrations and assesses the performance of and political momentum for green growth. In particular, the chapter focuses on green growth strategies relevant to energy and greenhouse gas emission issues. Since the salient motivation for South Korea to be immersed in green growth was high dependence on fossil fuel, the measures to achieve energy independence and low carbon energy were the core parts of South Korea’s green growth strategies. By exploring the major progress of green growth and assessing its performance, this chapter discusses the path towards a low-carbon society that South Korea is following.

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