Gyeonggi-do Expands Carbon Point Program... Aiming for 70,000 New Household Sign-ups

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province is expanding the operation of the 'Carbon Point System,' a campaign to reduce greenhouse gas emissions in daily life, to achieve carbon neutrality by 2050.

The Carbon Point System is a greenhouse gas reduction practice system introduced by the Ministry of Environment in 2009, which awards points based on the reduction of energy usage such as electricity in households, commercial facilities, and apartment complexes.

Subscribers can exchange the points they receive for cash or in-kind items such as volume-based waste bags. The maximum amount per person is up to 100,000 KRW per year.

Benefits such as a 0.1% preferential interest rate and up to 70% discount on currency exchange fees are also available at NH Nonghyup Bank.

Last year, 257,633 households and 1,207 complexes in the province participated, reducing carbon dioxide by 50,199 tons, and 104,608 households received incentives totaling 1,020,330,000 KRW.

Although the Carbon Point System is promoted solely through national and city/county funds (50:50) as a national subsidy project, the province has separately allocated 700 million KRW this year as a provincial subsidy project to actively promote carbon neutrality.

Through this, the province plans to expand new subscriptions, raise incentives, and increase new subscriptions by 70,000 households. In addition, it will encourage subscriptions by linking with all public officials in the province as well as various public institutions and organizations, and conduct customized promotions using various media such as social networking services (SNS) and various environmental education and events.

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