Our Experience
Our capability and experience on GHG mitigation
Korea Voluntary Emission Reduction
- Started in 2005 and finished in 2016
- 646 projects registered and 15,149,742tCO₂-eqissued
- Korea Voluntary
Emission Reduction - Various CDM
experience - Operation of EST with
Offset
CDM Experience
- Activities Korean Companies Participated
| Domestic | Overseas |
Number of activities | 90 | 31(412) |
Number of activities | 18,067 | 8,052(43,123) |
Number of activities | Renewable, Industry process | Renewable, Energy-efficiency |
As of ‘23.5 based on registered PA(CPA)
- There are 4 Korean public entities designated as CDMDOEs(KEA, KFQ, KTR as of ‘22.12)
Emission Trading System(3rd phase)
- Enacted in 2012 and started in2015
- 684 enterprises are under the ETS scheme(over 70% ofnational GHG emission)
- Share of allocation by auctioning is 10%, allocated byGF(grand-Fathering) or BM(Bench Mark)
- The creadits from domestic offset program can be used inthe ETS
- Plan to use overseas carbon offsets under the ParisAgreement