ABSTRACT
On August 15, 2008, the Korean government announced with great fanfare an initiative to reduce 30 percent of greenhouse weighted potential (GWP) greenhouse gas (GHG) emissions by 2020. The initiative, named the Low Carbon Green Growth Initiative, also was publicly declared before international society at the Copenhagen COP 15. 1 Numerous follow-up policy measures have been prepared in short order. The Presidential Committee on Green Growth was established in January 2009 and started to prepare the framework act on this initiative.
