Background

Entered into the agreement of model city responding to the climate change with the Ministry of Environment

Select the Carbon Bank as special policy measure

By 2020, 30% of reduction to 2005 in BAU (the expected emission value) basis (4% by absolute amount basis)

Since home and commercial areas take up 39%, the reduction in house hold and commercial areas are desperately needed

House hold and commercial (39%), Transportation (33%), Industrial (22%), Public and others (6%)

Carbon Bank System

• Introduction: 2008 ～ 2012 (Implemented in full scale after 2013)
• Subjected Participants: Apartment houses, detached houses including apartments, etc
• Reduction Objects: Electricity, city gas, water supply
• Grant the point for the reduced energy consumption during corresponding year from the base energy consumption
  • Base energy consumption: Use the average value of recent energy consumption in the past 2 years

• Build the collaboration system by the partnership with the private
• Targeted participating household in 2011: 200,000 households (participating household as of september, 2010: 51,606)

Awards

• Grand Prize for 2008 Responding to Climate Change organized by the Ministry of Environment and the Commission on the Sustainable Development: December, 2012
• 2009 Environmental Awards organized by the Ministry of Environment and Chosunilbo (low carbon green area): July, 2009

Direction of promotion in 2011

• Publicize Activation of Carbon Bank
• Education of Carbon Bank: Perform commissioned education for citizen by Citizen Education Center (3,500 persons during the year)
• Expand the Carbon Green Card issuance (Gwangju Bank)
  • Add the discount functions of card: Restaurant, Gas station, Amusement park, Discounted Baseball game admission fee discount, etc: March, 2011