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CDM

Korea's Countermeasure System on CDM

Overview

Accumulation of the technologies related to greenhouse gas emission reducing and participation of carbon market through luring the capitals and technologies of Parties included in AnnexⅠ.

Background and Necessity

Through CDM projects, luring the capital and technology of foreign countries and contributing the domestic sustainable development. Through CDM projects luring, promoting spontaneous greenhouse gas emission reduction, preparing to the Korea's emission reducing cost obligation in near future and building bridgehead to enter into overseas.

Function of Keco

Keco Serves as a DOE(Designated Operational Entity) for CDM, an internationally certified organization designated by UNFCCC CDM Executive Board for the function of validation and verification/certification of CDM projects.

Major Tasks

  • Discover the CDM which is executable in and outside Korea, engage in the feasibility study, perform the follow-up tasks by seeking commercialization (draw up a business plan, obtain the government approval, monitoring etc.) and more
  • Hold the review conference to evaluate the appropriateness of the CDM projects submitted in Korea and consult with the nationally-designated institute
  • Engage in the dissemination project on the related information to establish and vitalize the nation-wide CDM project in a stable manner

Certified Sectoral Scope

Sectoral Scopes of CDM(11)
Sectoral Scopes of CDM(11)
Energy Industries Transport
Energy Distribution Mining/Mineral Production
Energy Demand Waste Handling and Disposal
Manufacturing Industries Afforestation and Reforestation
Chemical Industries Agriculture
Construction  

Future Implementation Plans

Infra-facilities Expansions for boosting the participation of Parties included in Annex I within Korea by strengthening with the relevant overseas organizations.