Monday, January 18, 2016

FRAMEWORK ACT ON GREEN GROWTH

FRAMEWORK ACT ON GREEN GROWTH


CHAPTER I General Provisions

ARTICLE 1 (Purpose)

The purpose of this Act is to lay the foundation for Low Carbon, Green Growth for balance between economic prosperity and environmental protection and to strengthen the country's economy by utilizing green technology and green industries as growth engines and its purpose also includes to help improve the quality of people's lives and to become a mature advanced nation that fulfills responsibilities as a member of the international community, by realizing a low-carbon society.


ARTICLE 2 (Definitions)

The terms used in this Act shall be defined as follows:

PARAGRAPH 1. The term "Low Carbon" means mitigating greenhouse gases to an acceptable level by: lowering dependency on fossil fuel; expanding the use and the distribution of clean energy; pursuing green technology R&D; and expanding carbon sinks.

PARAGRAPH 2. The term "Green Growth" means economic growth in harmony with environmental protection achieved by: curtailing climate change and environmental damage by saving and using energy and resources efficiently; securing R&D on clean energy and green technology providing new growth engines and new jobs.

PARAGRAPH 3. The term "Green Technology" means technology that contributes to minimizing the emissions of greenhouse gases and pollutants by saving energy and resources and utilizing them efficiently throughout the entire process of social and economic activities, such as technology for greenhouse gas emissions reduction, technology for efficient use of energy, technology for clean production, technology for clean energy and technology for resource recycling and environmental-friendly technologies (including other related convergent technologies).

ARTICLE 3 (Relationship to Other Laws)

PARAGRAPH 1. This Act shall precede any other Laws when it comes to Low Carbon, Green Growth.

PARAGRAPH 2. In case of establishment or revision of other Acts related to Low Carbon, Green Growth, the Laws shall comply with the Purpose and the Basic Principles of this Act.

PARAGRAPH 3. Administrative plans and policies that the State and local governments establish under other decrees shall be in accordance with Article 8 of the present Act (Basic Principles of Low Carbon, Green Growth) and Article 9 (National strategies for Low Carbon, Green Growth).

CHAPTER II National Strategies for Low Carbon, Green Growth

ARTICLE 4 (Establishment and Implementation of Promotion Plans from the Central Administrative Agency)

            For an effective and successful execution of National Strategies for Low Carbon, Green Growth, heads of central administrative agencies shall establish and execute an action plan (hereinafter referred to as “Central Executive Plan”) under their jurisdiction as prescribed by Presidential Decree.

            Heads of central administrative agencies shall, in case of drafting or revising Central Executive Plan, report to the Presidential Committee on Green Growth under Article 14 under their jurisdiction as prescribed by Presidential Decree. This shall not, however, apply to minor changes prescribed by the Presidential Decree. 20151019 

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