World Carbon Market Database

South Korea ETS Database

South Korea

525 companies, emitting a total of around 550 MtCO2

 

The South Korea's cap-and-trade system started on 1 January 2015, and is part of the country’s goal to reduce its greenhouse gas emissions by 30 per cent to 2020 compared to business-as-usual levels. This objective equates to a 4% reduction below 2005 emissions levels.

The Korean emissions trading scheme currently includes 525 companies, accounting for 68 percent of the country’s total greenhouse gas emissions.

 

Phase I: 2015-2017

Phase II: 2018-2020

Phase III: 2021-2026

Emissions threshold : 125,000 tCO2 at company level and 25,000 tCO2 at installation level

Gas coverage: CO2, CH4, N2O, HFCs, PFCs, and SF6

Distribution of free carbon allowances: 100% in Phase I, 97% in Phase II and 90% in Phase III.

 

Phase I carbon allowance allocations

Carbon allowance allocation 2015 2016 2017 Total Phase I
All ETS quantity (with reserves) (KAUs) 573,460,132 562,183,138 550,906,142 1,686,549,412
Pre-allocation quantity (KAUs) 543,227,433 532,575,917 521,924,398 1,597,727,748
Allowance reserves (KAUs) 30,232,699 29,608,221 28,982,744 88,821,664

KAU: Korean Allowance Unit (eq. 1 tCO2 allowance)

 

The South Korea ETS Database includes the following information on the 525 companies participating to the cap-and-trade programme:

  • Company name
  • Sector of activity
  • Postal address (street, city, postcode)
  • Greenhouse gas emissions (tCO2e) from 2007 to 2013 (data extracted from our Korea GHG Reporting Database)

 

The Korea ETS Database is available in English language as well as in Korean.

The Korea ETS Database is accessible by subscribers to the Expert version. For more information, contact us at info@carbonmarketdata.com

 

Consulting services

analysis

Carbon Market Data provides specialist business intelligence services in relation to the Korean cap-and-trade scheme.

For more information on our Korea ETS consulting services, contact us at info@carbonmarketdata.com