Korea Environment Corparation
Management Disclosure
Implementation of Green house gas reduction project
Core Business
Climate and Air
Supporting GHG Reduction Policies
Implementation of Green house gas reduction project
- Operation of the GHG target management system
- Operation of the GHG target management scheme in Public sector
- Implementation of Green house gas reduction project
- Estimation of National GHG Emission in waste sector
- Support for Greenhouse Gas Emission Trading Policy
- Establishment of Refrigerant Management and Processiong Base for Refrigerant Equipments
- Support for GHG reduction of local governments
Operation of Offset System
Definition of Offset System
The offset is a system to secure flexibility in achieving greenhouse gas reduction targets. The entities that has been assigned a mandatory greenhouse gas reduction amount can utilize offset credits which is certified by the government for achieving their reduction goal in Emission Trading Scheme(ETS). K-eco provides needed support to enable the offset system to be implemented properly.
![<Offset Users> Current emission voume Excessive emission Implementation of reduction Emission volume for mandatory compliance (Compliance) Offset Company for a country] under obligation to reduce GHC emissions <Performing reduction activities in non-mandatory areas> GHG emission volume Actual GHG emissions based on reduction activities. Actual emission based n reduction activity performance on GHC reduction (Credit) sell to countries with reduction targets Initiate GHG reduction business Time reduction activity enforcement](http://www.keco.or.kr/upload/editor/45f38b56-70b7-4adc-935a-5027f84d96df.png)