Shinan-gun, Excellence Award at the Korea Local Government Association Policy Awards

‘Renewable Energy Profit Sharing System’ Evaluated as an Alternative to Regional Extinction Crisis

[Sinan＝Asia Economy Honam Reporting Headquarters Reporter Choi Jae-kyung] Sinan County won the Excellence Award at the 2021 Policy Awards ceremony held on the 18th at BEXCO in Busan.

The Policy Awards, hosted by the Korean Local Government Association, were established to discover and spread excellent cases of local governments while contributing to the rationalization and advancement of local government policies.

The selected excellent cases are expected to be disseminated and spread nationwide in the future.

Sinan County's renewable energy resident participation-type development profit-sharing system is the first in the nation to respond to climate change by sharing profits with residents instead of focusing on large corporations' profit structures, significantly increasing resident acceptance.

Through this system, despite the overall natural population decline in 14 towns and townships, the population increased by 122 people in total, including 41 in Imjado, 32 in Jaeundo, 39 in Anjwaedo, and 10 in Jarado, being evaluated as a new alternative for regions at risk of extinction.

A Sinan County official said, "We will actively implement administration to quickly expand the renewable energy resident participation-type development profit-sharing system throughout the county so that more residents can benefit."

Sinan = Honam Reporting Headquarters Reporter Choi Jae-kyung (gabrielw@asiae.co.kr)

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