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 Korea (South) 2012

Name of policy 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
Jurisdiction Country
Supranational region
Country Korea (South)
Region Asia


Subnational region or state
City or local
Policy objective
  • Mitigation
Type of policy instrument
  • Economic Instruments
    • Market-based instruments
      • GHG emission reduction crediting and offsetting mechanism
      • GHG emissions allowances
  • Policy support
    • Institutional creation
    Sector name
    • Electricity and heat
      • General
        • Industry
          Policy description Legislative. See link for details
          Policy type
          • Changing activity
          • Energy efficiency
          • Renewables
          • Nuclear or CCS or fuel switch
          • Non-energy5
          Policy stringency
          Implementation state Implemented
          Date of decision 2012
          Start date of implementation 2015
          End date of implementation
          High impact
          Impact indicator


          Source or references http://eng.me.go.kr/eng/web/index.do?menuId=450&findDepth=1
          Supports policies
          Is supported by policies
          Comments (background and assessment)
          Status Final

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