South Korea
Critically Insufficient4°C+
World
NDCs with this rating fall well outside of a country’s “fair share” range and are not at all consistent with holding warming to below 2°C let alone with the Paris Agreement’s stronger 1.5°C limit. If all government NDCs were in this range, warming would exceed 4°C.
Highly insufficient< 4°C
World
NDCs with this rating fall outside of a country’s “fair share” range and are not at all consistent with holding warming to below 2°C let alone with the Paris Agreement’s stronger 1.5°C limit. If all government NDCs were in this range, warming would reach between 3°C and 4°C.
Insufficient< 3°C
World
NDCs with this rating are in the least stringent part of a country’s “fair share” range and not consistent with holding warming below 2°C let alone with the Paris Agreement’s stronger 1.5°C limit. If all government NDCs were in this range, warming would reach over 2°C and up to 3°C.
2°C Compatible< 2°C
World
NDCs with this rating are consistent with the 2009 Copenhagen 2°C goal and therefore fall within a country’s “fair share” range, but are not fully consistent with the Paris Agreement long term temperature goal. If all government NDCs were in this range, warming could be held below, but not well below, 2°C and still be too high to be consistent with the Paris Agreement 1.5°C limit.
1.5°C Paris Agreement Compatible< 1.5°C
World
This rating indicates that a government’s NDCs in the most stringent part of its “fair share” range: it is consistent with the Paris Agreement’s 1.5°C limit.
Role model<< 1.5°C
World
This rating indicates that a government’s NDC is more ambitious than what is considered a “fair” contribution: it is more than consistent with the Paris Agreement’s 1.5°C limit.
Sources
List of references
- Asia Pacific Energy Research Centre (2016). APEC Energy Demand and Supply Outlook 6th Edition
- Carbon Market Watch (2015). Towards a Global Carbon Market Prospects for Linking the EU ETS to other Carbon Markets
- Carbon Pulse (2016). South Korea abandons 2020 GHG target, puts ETS in new hands and lifts early action credit cap
- E3G, SFOC (2018). Cracks in the ice for South Korean coal?
- Financial Times (2017). South Korea seeks to boost motorists’ interest in electric cars
- ICAP (2017). Korea Emissions Trading Scheme
- IEEJ (2014). South Korea’s National Basic Plan for New and Renewable Energies
- IEA (2014). CO2 emissions from fuel combustion. International Energy Agency (IEA), Paris, France
- IEA (2017). IEA Energy Data Balances (IEA), Paris, France
- IETA (2015). Republic of Korea: An Emissions Trading Case Study.
- Kim, Y., Yoo, J., and Oh, W. (2015). Driving forces of rapid CO2 growth: A case of Korea. In: Energy Policy 82 (2015).
- Ministry of Environment (2015). Korea confirmed 2030 greenhouse gas reduction target of 37% reduction as compared to BAU (851 million tons) (in Korean)
- Ministry of Trade, Industry and Energy (2017a). Ministry announces 8th Basic Plan for Electricity Supply and Demand
- Ministry of Trade, Industry and Energy (2017b). Announcement of the 8th Basic Plan for Electricity Supply and Demand (2017 ~ 2031)
- Republic of Korea (2010). South Korea's pledge to the Copenhagen Accord. Compiled in: Compilation of information on nationally appropriate mitigation actions to be implemented by Parties not included in Annex I to the Convention, UNFCCC (2011)
- Republic of Korea (2012). South Korea’s 3rd National Communication to the UNFCCC
- Republic of Korea (2015). Submission of the Republic of Korea Intended Nationally Determined Contribution.
- Republic of Korea (2016). Green Growth Act.
- Republic of Korea (2017a). Press Releases - Amendment of emission allowance allocation plan (in Korean).
- Republic of Korea (2017b). Second Biennial Update Report of the Republic of Korea
- Reuters (2015). South Korea axes four coal plants, plans two new nuclear units. Published on June 8, 2015.
- Reuters (2016). South Korea to shut 10 ageing coal-fired power plants by 2025. Published on July 6, 2016.
- TransportPolicy (2015). South Korea: Light-duty: Fuel Economy and GHG.
- UNFCCC (2017). GHG emission profiles for non-Annex I countries.
- USEPA (2012). Global Mitigation of Non-CO2 Greenhouse Gases, Washington, D.C., USA.
Further analysis
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