South Korea South Korea to expand the scope of GHG emission trading system

South Korea to expand the scope of GHG emission trading system

On February 6, 2024, the South Korean government promulgated a partial amendment to the Act on the Allocation and Trading of Greenhouse Gas Emission Permits. The amendment newly introduces charges for the allocation of greenhouse gas emission permits and provides a new legal basis for self-trading and consignment trading of emission permits.

Author / Responsibility

AOKI Kenji

Senior Consultant, EnviX Ltd.
General Director, E&H Consulting Co., Ltd.

Business Performance

Expertise in EHS (environment, health and safety) consulting in ASEAN region.
- Environmental regulations updating
- Chemical regulations consulting

Background

MSc in Earth Science, The University of Tokyo

AOKI Kenji