This document sets out the plan for updating South Korea's 2030 NDC.

This document sets out the plan for achieving carbon neutrality by 2050.

This Decree is 2050 to promote carbon neutrality in all areas including economy and society, to create a carbon-neutral industrial ecosystem, and to transform into a carbon-neutral society so that no classes or regions are excluded from this. The purpose of establishing the Carbon Neutrality Committee is to prescribe matters necessary for its composition and operation.

The 2050 carbon neutral strategy is South Korea's UN-LEDS. It outlines five key elements to achieve carbon neutrality: Expanding the use of clean power and hydrogen across all sectors; Improving energy efficiency to a significant level; Commercial deployment of carbon removal and other future technologies; Scaling up the circular economy to improve industrial sustainability; Enhancing carbon sinks. It further sets sectoral decarbonisation orientations.&nbsp;

This document is Korea's development strategy to support the country’s recovery from the pandemic crisis and lead the global action against structural changes with the international community. The strategy aims to accelerate the transition towards a low-carbon and eco-friendly economy. The Green New Deal part of the document notably seeks to make the country's infrastructure greener, increase the use of renewable energy, increase the share of electric- and hydrogen-powered vehicles, and promote sustainable practices in the business and finance worlds. Under this plan,&nbsp;KRW 73.4 trillion should be invested by 2025.

This Act commits South Korea to achieving carbon neutrality by 2050. It repeals and replaces the Framework Act on Low Carbon Green Growth. Art 3 stipulates that a transition to a carbon-neutral society and green growth shall be promoted according to the following criteria: 1) the principle of intergenerational equity, 2)&nbsp;a comprehensive crisis response strategy that take into account external circumstances and the economic landscape, 3) establish adaptation and mitigation policies that are comprehensive of all sectors and based on scientific predictions, 4) climate justice and just transition, 5) the polluter pays principle by reorganizing the tax system and financial system, 6)&nbsp;strengthening investment and support for green technologies and green industries with high growth potential and competitiveness, and create jobs, 7) ensure democratic participation, and 8) actively participate in the efforts of the international community to limit the increase in global average temperature to a maximum of 1.5 degrees Celsius compared to pre-industrial levels, do not undermine environmental and social justice in developing countries, and Strengthen cooperation to support the response. Art 4 sets obligations to the State and local governments. Notably, it states that the State and local governments shall endeavor to reflect the basic principles under Article 3 in all sectors such as economy, society, education, and culture, and improve relevant laws and regulations and finance All conditions such as investment, establishment of facilities and systems must be prepared.Art 5 defines responsibilities of Public Institutions, Businesses and Citizens. The Act requires the government to cut its greenhouse gas emissions in 2030 by 35% or more from the 2018 levels and consists of several policy measures to achieve carbon neutrality by 2050 (chapter 2). The Act establishes:- the national carbon-neutral green growth master plan (chapter 3)- the 2050 Carbon Neutral Green Growth Committee (chapter 4)&nbsp;- the Climate Response Fund (Chapter 10) in order to effectively respond to the climate crisis and secure the financial resources necessary to promote the transition to a carbon-neutral society and green growth The Act sets a range of adaptation obligations to the State (chapter 6). Those shall include:1. Matters concerning the improvement of monitoring, prediction, provision and utilization of climate crises;2. Matters concerning the assessment of the impact and vulnerability of climate crisis by sector and region;3. Matters concerning adaptation measures to climate crisis by sector and region;4. Matters concerning the prevention of disasters for the vulnerable classes, regions, etc. due to the climate crisis;5. Matters concerning international agreements for adaptation to the climate crisis, etc.6. Other matters prescribed by Presidential Decree as necessary for adaptation to the climate crisis. Chapter 7 sets a range of obligations to the State with regard to just transition.&nbsp;Chapter 8 charges the government to take measures related to its Green Growth Policy, notably to boost the industry.Chapter 9 deals with the implementation of a Carbon Neutral Society and Spread of Green Growth and introduces the concept of practice solidarity in climate efforts.Chapter 11 mandates the government to cooperate internationally on climate matters.

This act promotes the development and distribution of electric vehicles, solar-powered vehicles, hybrid vehicles, hydrogen vehicles, and other technologies that meet environmental standards. It charges the Minister of Trade, Industry and Energy to establish a master plan, and an implementation plan, to promote the development and distribution of environment-friendly motor vehicles every five years.

This document aims to contribute to the development of the national economy and securing public safety by establishing a foundation for promoting the implementation of the hydrogen economy, promoting systematic development of the hydrogen industry, and establishing matters related to the safety management of hydrogen. Article 6 creates the Hydrogen Economy Committee under leadership of the Prime Minister.

The purpose of this Act is to contribute to improving the quality of life of citizens, promoting balanced national growth, and strengthening national competitiveness by providing for matters relating to efficiently promoting developing, managing, and operating smart cities and industries to improve the competitiveness of cities and to facilitate their sustainable development.&nbsp;</div><div> Article 42-2 (Special Cases for the Act on the Promotion of the Development, Use and Diffusion of New and Renewable Energy) states that the Minister of Land, Infrastructure and Transport may determine the scope of renewable energy in a national pilot smart city. The Minister is required to consult in advance. It also states that a person who intends to supply new energy and renewable energy may install, operate and manage new energy and renewable energy facilities located in or adjacent rivers, topography and facilities in the national pilot smart city.&nbsp;

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, Promotion and Information Service in Food, Agriculture, Forestry and Fisheries, requires the national government to create an agricultural plan every five years, requires national and local governments to undertake necessary measures for the prevention of, contingency planning for, and restoration from agricultural disasters, such as droughts, floods, wind, cold weather, and climate change, as well as to adopt measures for the operation of agricultural disaster insurance, establishes the Agricultural Policy Insurance and Finance Service, and requires the national government to promote research and development in the agriculture sector.

Republic of Korea's Adaptation communication, Adaptation Communication from South Korea in 2023

Technical analysis of the fourth biennial update report of the Republic of Korea submitted on 30 December 2021. Summary report by the team of technical experts, Technical Analysis Summary Report from South Korea in 2023

Republic of Korea. Biennial update report (BUR). BUR4., Biennial Update Report from South Korea in 2021

Republic of Korea First NDC (Updated submission), Nationally Determined Contribution from South Korea in 2021

2050 Carbon Neutral Strategy of the Republic of Korea, Long-Term Low-Emission Development Strategy from South Korea in 2020

The Korean New Deal

Press Release on the Korean New Deal

Approved

Korean New Deal

Plan to have renewables account for 20% of the South Korea's generation capacity by 2030

Korean New Deal

Main documents

Targets (1)

Timeline

Note

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