South Korea

Laws

  • Electricity Utility Act
    Legislative
    1990
    Last change in October, 2020
    The Electricity Business Law mandates both the purchase and the fixed price of electricity generated from renewable sources. Any renewable energy generator that is connected to the grid is eligible to sell electricity to the grid at fixed prices. Korea Electric Power Corporation (KEPCO) is respon...
  • Storm and Flood Insurance Act
    Legislative
    2014
    Last change in December, 2018
    This law establishes a national flood and storm insurance program under the National Emergency Management Agency, defines legal providers of flood and storm insurance, allows national and local governments to subsidize premiums, outlines procedures for the insurance process, such as the length of...
  • Act on the Prevention of and Countermeasures against Agricultural and Fishery Disasters
    Legislative
    1990
    Last change in December, 2017
    This act requires national and local governments to undertake disaster preparedness measures in the agriculture and fishery sector, creates tax exemptions for preparedness works undertaken, and allows the government to subsidize preparedness efforts.
  • Framework Act on Agriculture, Rural Community and Food Industry
    Legislative
    2015
    Last change in December, 2017
    This act outlines a general framework for the sustainable development of South Korea's agricultural sector. In particular, it requires national and local governments to create comprehensive sustainable development policies for the agriculture sector, establishes the Korea Agency of Education, Pro...
  • Fusion Energy Development Act and Nuclear Energy Promotion Act
    Legislative
    2006
    Last change in December, 2016
    These acts requires the Minister of Science, Information and Communications Technology and Future Planning to create a master plan, project plan, and implementation plan for promoting nuclear fusion energy, and requires the government to provide financial and technical assistance to businesses an...
  • Act on the Management and Improvement of Carbon Sink
    Legislative
    2012
    Last change in December, 2016
    This act requires the government to undertake afforestation to combat climate change, requires the government to create a comprehensive plan for carbon sink management every five years, create an action plan for carbon sink management, research carbon sink management, requires the government to i...
  • Framework Act on Low Carbon Green Growth, regulated by Enforcement Decree of the Framework Act on Low Carbon Green Growth
    Legislative
    2010
    Last change in May, 2016
    South Korea's Framework Act on Low Carbon Green Growth creates the legislative framework for mid- and long-term emissions reduction targets, cap-and-trade, carbon tax, carbon labelling, carbon disclosure, and the expansion of new and renewable energy. The Framework Act requires the government to ...
  • Framework Act on the Management of Disasters and Safety
    Legislative
    2004
    Last change in December, 2015
    This act requires the government to create a national disaster management plan in cooperation with subnational and local governments, assigns responsibility for disaster management to the Minister of Public Safety and Security, creates a Central Safety Management Committee and Safety Policy Coord...
  • Countermeasures against Natural Disasters Act
    Legislative
    2005
    Last change in December, 2015
    This act outlines the overall framework for disaster risk management in South Korea. Among its most important provisions are that it requires the government to create and implement comprehensive natural disaster plans, requires South Korea's Emergency Management Agency to consult with government ...
  • Reservoir and Dam Safety Control and Disaster Prevention Act
    Legislative
    2008
    Last change in December, 2014
    This act requires the government to create national safety standards for dams and reservoirs to prevent disasters, allows subnational governments to designate dams and reservoirs as being "in danger" and requires them to create master plans for dam and reservoir management, and requires the Minis...
  • Agricultural and Fishery Disaster Insurance Act
    Legislative
    2009
    Last change in December, 2014
    This act regulates the insurance industry's coverage of agricultural and fishery disasters, including by defining agricultural and fishery insurance, outlining the scope of allowable coverage, defining who is a legal insurance provider, and regulating procedures throughout the insurance process, ...
  • Erosion Control Work Act
    Legislative
    1994
    Last change in December, 2013
    This act classifies different types of erosion control projects, requires the Minister of Korea Forest Service to create an erosion control master plan and investigate eroded lands to evaluate outcome of master plans, requires subnational and local governments to designate land in need of erosion...
  • Act to Promote the Purchase of Environmentally Friendly Products
    Legislative
    2010
    Last change in July, 2013
    The purpose of the Act is to promote the purchase of environmentally friendly products, as defined in the Framework Act on Low Carbon Green Growth. The Act obliges public institutions to purchase environmentally friendly products whenever possible to do so without jeopardising quality or without ...
  • Sustainable Transportation Logistics Development Act
    Legislative
    2009
    Last change in July, 2013
    This act, under the responsibility of the Ministry of Land, Infrastructure and Transport, promotes the development of a sustainable transportation logistics system, in accordance with several basic principles: promoting a low-carbon transportation logistics system by reducing emission of GHGs; pr...
  • Energy Use Rationalization Act
    Legislative
    1980
    Last change in July, 2013
    The purpose of this Act is to promote green growth while contributing to international efforts to tackle climate change. The Act requires the government to consider the measures to attain effectively the goal of the national energy policy on the stability of demand and supply of the energy requir...
  • Act on the Allocation and Trading of Greenhouse Gas Emissions Rights regulated by Enforcement Decree of Allocation and Trading of Greenhouse Gas Emissions Rights Act
    Legislative
    2012
    The Act aims to achieve the national targets for reducing GHGs by introducing a system for trading GHG allowances through market mechanisms. The first phase of the trading scheme is due to start in 2015, covering companies that emit 125,000 metric tonnes or more of CO2 a year and factories, build...
  • Atomic Energy Act
    Legislative
    1982
    Last change in December, 2011
    This act requires the Minister of Education, Science and Technology to create a comprehensive nuclear energy plan every five years and assign responsibility for executing it, creates the Nuclear Energy Promotion Commission for deliberating and resolving policy questions related to nuclear energy,...
  • Act on the Creation and Facilitation of Use of Smart Grids
    Legislative
    2011
    The Act aims to create smart grids and to facilitate them to create green growth and to deal with climate change. The government is to develop and implement a 5-year plan for creating and facilitating the use of smart grids. Research and development resources are to be provided for. The Act also ...
  • Energy Act (Act No. 7860)
    Legislative
    2006
    Last change in July, 2011
    The Act aims to present long-term and comprehensive vision to clarify basic principles of energy policy. Under the Act, local governments must formulate and implement 5-year energy plans, which will include matters regarding stable supply of energy, measures for using renewable energy, rationali...
  • Act on the Promotion of the Development, Use and Diffusion of New and Renewable Energy
    Legislative
    2004
    Last change in July, 2011
    The Ministry of Trade, Industry and Energy is to promote the diversification of energy sources through the promotion of technological development, use and distribution of new energy and renewable energy, and the activation of the new energy industry and the renewable energy industry. The Act allo...
  • Act on the promotion of Development and Distribution of Environmentally Friendly Automobiles
    Legislative
    2004
    Last change in May, 2011
    The Minister of Trade, Industry and Energy is to establish a master plan and implementation plans to promote the development and distribution of environmentally friendly automobiles (electric cars, solar powered cars, hybrid cars, fuel cell vehicles, natural gas vehicles or clean diesel vehicles)...
  • Integrated Energy Supply Act
    Legislative
    1991
    Last change in April, 2010
    The Act's purpose is to promote energy conservation in line with the UNFCCC principles. It calls for the development of a master plan for integrated energy (heat or heat and electricity) supply, and prescribes the matters concerning the construction, operation and safety of integrated energy faci...
from the Grantham Research Institute
from the Grantham Research Institute
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