S-Space College of Law/Law School (법과대학/대학원) The Law Research Institute (법학연구소) Journal of Korean Law Journal of Korean Law Volume 13 Number 1/2 (2013/2014)
Korean Green Growth: A Paradigm Shift in Sustainability Policy, and its International Implications
- Cho, Hong Sik; Leitner, John M.; Lee, Jae-Hyup; Heo, Seong Wook
- Issue Date
- BK 21 law
- Journal of Korean Law, Vol.13 No.2, pp. 301-333
- green growth; environmental law; climate change; emissions trading; sustainable development; legal transplantation; complexity theory
- This article evaluates Korea’s green growth law and policies in order to assess the role of green growth in international environmental law. We provide a short overview of Korean law and policy and contextualize Korean green growth by comparing it to the OECD’s green growth vision. We then critically examine green growth from administrative and international law perspectives. Building on this analysis, we consider how the Korean domestic experience, and the initial efforts made to “transplant” aspects of green growth in other nations, can provide insight into future environmental and economic policies. While proponents of green growth continue to face significant challenges in Korea and abroad, there have been notable initial successes. Korea’s forthcoming introduction of an emissions trading system and the collaboration between Korea and Cambodia to develop Cambodia’s institutional capacity for green growth are two conspicuous examples. Green growth remains a promising framework in Korea and abroad; its ultimate impact will depend upon sustained political and social support for the implementation of the ambitious policies green growth prescribes.