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Decarbonization under green growth strategies? the case of South Korea

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  • Decarbonization under green growth strategies? the case of South Korea
  • Sonnenschein, Jonas; Mundaca, Luis
  • Elsevier B.V.


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Title Decarbonization under green growth strategies? the case of South Korea
Similar Titles
Material Type Articles
Author(English)

Sonnenschein, Jonas; Mundaca, Luis

Publisher

[Amsterdam, Netherlands]:Elsevier B.V.

Date 2015-08
Journal Title; Vol./Issue Journal of Cleaner Production:vol. 123(no. 1)
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Territorial Development < Environment
Holding Researchgate

Abstract

The win-win opportunities connected to green growth are appealing to academics and policy makers alike, but empirical evaluations about the effectiveness of green growth policies are still scattered. Taking South Korea as case study, which set up a highly ambitious green growth program in 2009, our research casts light on the extent to which the Korean Green Growth Strategy has been effective in decarbonizing the economy. Our methodology combines decomposition analysis and econometrics with a review of energy and climate policies, including related structural changes. On the short term (2008-2012), most of the drivers displayed an enhancing effect on CO2 emissions from fuel combustion, with GDP per capita being the strongest driver. From a historical perspective (1971-2012), findings reveal that important drivers, such as energy and CO2 intensity even worsened their effects during the first years under the Green Growth Strategy. (The rest omitted)