Suncheon City Highlights Image as an Ecological City in Korea by Reducing Greenhouse Gas Emissions

[Asia Economy Honam Reporting Headquarters Reporter Kim Chunsu] Suncheon City, Jeollanam-do announced on the 3rd that it has secured more than 920 million KRW in non-tax revenue as a result of various efforts to reduce greenhouse gases.

The non-tax revenue obtained through this greenhouse gas reduction was earned by selling emission permits corresponding to the reduction amount, exceeding 22,900 tons of greenhouse gas emissions allocated by the government from 2016 to 2019 after the implementation of the ‘Greenhouse Gas Emissions Trading System’.

The ‘Greenhouse Gas Emissions Trading System’ is a system in which the government allocates greenhouse gas emission amounts to companies or institutions, restricting them to control emissions within that range, and allows trading of surplus or deficit permits with other companies. Companies or institutions with a deficit must purchase emission permits.

Suncheon City has made various efforts to reduce greenhouse gases generated from 65 environmental infrastructure facilities including waste treatment facilities, water supply, and sewage treatment facilities within the jurisdiction, such as biogas recovery and replacement with high-efficiency equipment.

The revenue from the sale of emission permits will be used as funds for creating carbon-neutral urban forests, workplace greenhouse gas reduction projects, and climate change response projects.

Kim Taeseong, Director of the Ecological Environment Division of Suncheon City, said, “We will continue to actively discover and promote projects to reduce greenhouse gases, respond proactively to government policies, and do our best to become a city leading climate change.”

Meanwhile, Suncheon City has been evaluated as having caught two rabbits with one stone by efficiently operating the emissions trading system, selling emission permits corresponding to the reduction amount, thereby expanding finances and enhancing the image of an ecological city in the Republic of Korea.

This content was produced with the assistance of AI translation services.