Brief

The Green Growth Movement in the Republic of Korea : Option or Necessity?

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collection.link.157
https://openknowledge.worldbank.org/handle/10986/9388
collection.name.157
Miscellaneous Knowledge Notes
dc.contributor.author
Choi, Sang Dae
dc.date.accessioned
2015-12-08T17:31:35Z
dc.date.available
2015-12-08T17:31:35Z
dc.date.issued
2015
dc.date.lastModified
2021-04-23T14:04:14Z
dc.description.abstract
To achieve the new national development vision, Korean leadership took a strategic approach in which the government played an active role, similar to the visionary approach used to achieve rapid economic development in the 1960s and 1970s. The government established a legal framework on low carbon and green growth, set up a governance structure to implement green growth initiatives systematically, and established fiscal policies and budget resources to support the initiatives firmly. The purpose of this note is primarily to explain why Korea adopted a green growth strategy as a new national development paradigm and how it was implemented by the government. Section one gives overview; section two illustrates why green growth was a necessity in Korea; section three describes how green growth was implemented by the Korean government, particularly with respect to institutional arrangements and fiscal adjustments for green growth; section four presents the key outcomes thus far; and section five identifies lessons that can be applied in other countries.
en
dc.identifier
http://documents.worldbank.org/curated/en/2015/12/25522923/green-growth-movement-republic-korea-option-or-necessity
dc.identifier.uri
http://hdl.handle.net/10986/23229
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Green growth in action knowledge note series,no. 1;
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
TAX INCENTIVES
dc.subject
WATER QUALITY
dc.subject
VISIBILITY
dc.subject
TRANSPORT SECTOR
dc.subject
ECONOMIC GROWTH
dc.subject
URBANIZATION
dc.subject
TEMPERATURE
dc.subject
FOSSIL FUELS
dc.subject
QUALITY OF WATER
dc.subject
GREENHOUSE GAS EMISSIONS
dc.subject
CARBON
dc.subject
VEHICLES
dc.subject
ACTIVITIES
dc.subject
DEVELOPING COUNTRIES
dc.subject
TREND
dc.subject
EMISSIONS
dc.subject
NATIONAL DEVELOPMENT
dc.subject
SUSTAINABLE ECONOMIC GROWTH
dc.subject
INCENTIVES
dc.subject
GHGS
dc.subject
GAS
dc.subject
PRICE
dc.subject
TAX
dc.subject
SUSTAINABLE DEVELOPMENT
dc.subject
WEALTH
dc.subject
VULNERABILITY
dc.subject
AIR
dc.subject
USE OF ENERGY
dc.subject
GREENHOUSE GAS
dc.subject
WATER RESOURCES
dc.subject
TRANSPORTATION INFRASTRUCTURE
dc.subject
KNOWLEDGE
dc.subject
AIR POLLUTANTS
dc.subject
RENEWABLE ENERGY SOURCES
dc.subject
WATER MANAGEMENT
dc.subject
AIR POLLUTION
dc.subject
OIL
dc.subject
EFFECTIVE GOVERNANCE
dc.subject
TRANSPORT
dc.subject
ENERGY SOURCES
dc.subject
CAPACITY
dc.subject
GHG
dc.subject
ENVIRONMENTAL POLLUTION
dc.subject
CIVIL SOCIETY
dc.subject
WATER
dc.subject
EXTERNALITIES
dc.subject
ENERGY RESOURCES
dc.subject
INDUSTRIALIZATION
dc.subject
ADOPTION
dc.subject
FOSSIL FUEL ENERGY
dc.subject
NATURAL DISASTERS
dc.subject
RENEWABLE ENERGY RESOURCES
dc.subject
POLLUTION
dc.subject
DISASTERS
dc.subject
METEOROLOGICAL RESEARCH
dc.subject
ENVIRONMENTAL EXTERNALITIES
dc.subject
GAS EMISSIONS
dc.subject
FUELS
dc.subject
RENEWABLE ENERGY INDUSTRY
dc.subject
EXTERNAL FACTORS
dc.subject
INFRASTRUCTURE
dc.subject
RESPECT
dc.subject
INFRASTRUCTURE INVESTMENT
dc.subject
GREENHOUSE
dc.subject
INITIATIVES
dc.subject
ENVIRONMENTAL CRISES
dc.subject
TRANSPORTATION
dc.subject
CHEMICALS
dc.subject
CLIMATE CHANGE
dc.subject
IPCC
dc.subject
NATIONAL STRATEGY
dc.subject
POLICIES
dc.subject
INTERNATIONAL EFFORTS
dc.subject
BALANCE
dc.subject
FINANCIAL CRISIS
dc.subject
CLIMATE
dc.subject
DEVELOPMENT STRATEGY
dc.subject
URBAN AREAS
dc.subject
POLLUTANTS
dc.subject
FOSSIL FUEL
dc.subject
CHEMICAL INDUSTRIES
dc.subject
CO
dc.subject
GLOBAL CLIMATE CHANGE
dc.subject
INTERNATIONAL COMMUNITY
dc.subject
ECONOMICS
dc.subject
POLICY
dc.subject
CITIZENS
dc.subject
QUALITY OF LIFE
dc.subject
LIFESTYLES
dc.subject
PARTICLES
dc.subject
ROADS
dc.subject
CAR
dc.subject
GOVERNMENT POLICIES
dc.subject
ECONOMIC DEVELOPMENT
dc.subject
GROWTH RATE
dc.subject
INVESTMENT
dc.subject
RAILROADS
dc.subject
RENEWABLE ENERGIES
dc.subject
CLEAN WATER
dc.subject
FUEL
dc.subject
POPULATION
dc.subject
LOW-CARBON
dc.subject
INVESTMENTS
dc.subject
LIVING CONDITIONS
dc.subject
GROWTH POLICIES
dc.subject
POLICY FORMULATION
dc.subject
GREEN REVOLUTION
dc.subject
ADAPTATION TO CLIMATE CHANGE
dc.subject
RENEWABLE ENERGY
dc.subject
PUBLIC SPENDING
dc.subject
WATER PROJECT
dc.subject
BEHAVIOR CHANGE
dc.subject
FOSSIL
dc.subject
APPROACH
dc.subject
ENERGY
dc.subject
GROWTH
dc.title
The Green Growth Movement in the Republic of Korea
en
dc.title.subtitle
Option or Necessity?
en
dc.type
Brief
en
okr.date.disclosure
2015-12-07
okr.doctype
Publications & Research :: Brief
okr.doctype
Publications & Research
okr.docurl
http://documents.worldbank.org/curated/en/2015/12/25522923/green-growth-movement-republic-korea-option-or-necessity
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b083c30285_1_0
okr.identifier.internaldocumentum
25522923
okr.identifier.report
101569
okr.imported
true
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/12/07/090224b083c30285/1_0/Rendered/PDF/The0green0grow0option0or0necessity0.pdf
en
okr.region.administrative
East Asia and Pacific
okr.region.country
Korea, Republic of
okr.topic
Energy :: Energy Production and Transportation
okr.topic
Environment :: Climate Change Mitigation and Green House Gases
okr.topic
Transport :: Transport Economics & Policy Planning
okr.topic
Poverty Reduction :: Pro-Poor Growth
okr.unit
GCCCF Climate Finance Carbon (GCCCF)

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