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HPCA’s Visit to South Korea- Strategic Cooperation Plan between China and Korean social groups in Green Market and Emission Cut of GHG

From 13 to 15 October 2015, on invitation of Ministry of Environmental Protection of Korea, delegation led by Jon Li, Vice President and Secretary-General of HPCA, visited Jeju Special Self-Governing Province of South Korea and researched the cooperation plan agreed this April by 6 social groups ofChinaandKoreaabout green market and GHG emission cut. This plan has received much attention from and been highly supported by bothChinaandSouth Korea.

This visit was accompanied by Ministry of Environment ofSouth Korea, KEITI, KECO, KCEN, and chief officer at Department of Environmental Policy of Jeju Special Self-Governing Province.

At the meeting in Jeju, Yang Chunghyn, chief officer at Department of Environmental Policy of Jeju Special Self-Governing Province, introduced geography ofJejuIsland, population, industries and carbon credits. Carbon credits can be accumulated for the amount of emission reduction of utility of electricity, water and gas via internet or administrative sectors. Five thousand credits are awarded for 5% of emission reduction and ten thousand for 10% each quarter. Citizens enjoy discount with these credits. Half of the discount is borne by state fiscal and the other half borne by local government. Participating households in Jeju reached8200 in2013, 32% of the total number; economic discount for carbon credits reached 210 million KRW in 2014, till when total electricity conservation reached 120,000 kilowatt, CO2 emission reduction was 51,000. This was an outstanding achievement for energy conservation and emission cut.

Introduction to Mode of and Card Issue of Green Bank Card by Jeju Bank

During visit to BC- a bank card company of Korea- the delegation learnt that since initial issue of green bank card (the green card), over 10 million people had applied for it until April in 2015, equal to 1/5 population of Korea (total Korean population was over 50 million according to data open in 2013). Consumers can buy products on the environmentally friendly list recognised by Korean Ministry of Environment in department stores of supermarkets inKorea, with discount and credits accumulation. Besides, parks, museums, art museums, and other municipal facilities of Korean government are free to green cardholders, which inspire Korean citizens to apply for the card.

The amount of issue and high use rate of green card also drives sales of environmentally friendly products inKorea, giving those companies and producers more confident in R&D and production, stimulating market demand for technology and products of environmental industry and forming a virtuous circle.

Green card, together with the list of environmentally friendly products, has driven more companies and producers to invest in environmental industry, actively applying for the list and strengthening public trust of government’s efforts in promoting the list.

After the visit, a meeting was held in education centre of ACCEC about follow-up measures. Mr. Li, Vice President and Secretary-General of HPCA summarise results of the visit and pointed out its importance. Non-equivalence of some information was eliminated by learning about different national situation and system ofChinaandKorea. Drawing successful experience ofSouth Koreaand making specified plan according toChina’s situation can push forward more effective strategy and procedures and achieve more mutual achievement. This will be a demonstrative project for China-Korea cooperation.

Jeong Eunhae, officer at Ministry of Environment ofKoreawho is in charge of this visit, introduced the carbon credit system, which brought economic effect of 2 to 3 billion KRW with a cost of only 1.2 billion KRW. Eunhae also gave suggestion to next plans: present officers of this visit at KEITI, KECO and KCEN will receive advice and opinion from HPCA and regarding implementation of project, make amendment and speed up the cooperation.

The seminar was in Furong Community, a green and low-carbon demonstration community in Jeju. There are 438 households and 1560 citizen. 93.3% of them have participated in the carbon credit system, 150,000 kilowatt of electricity have been saved within one year and 67 tons of CO2 emission have been reduced.

Visit to a household participating in carbon credit system.

Survey on sales situation of in market of products on the list of environmentally friendly products issued by Korean Ministry of Environment

Market survey on consumption of green products in Lotte

Survey on green credits system implemented in Art Museum and municipal parks in Jeju.