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Green New Deal Policy of South Korea: Policy Innovation for a Sustainability Transition

by 1 and 2,*
1
Seoul National University School of Law, Seoul 08826, Korea
2
Graduate School of Public Administration, Seoul National University, Seoul 08826, Korea
*
Author to whom correspondence should be addressed.
Sustainability 2020, 12(23), 10191; https://doi.org/10.3390/su122310191
Received: 30 October 2020 / Revised: 2 December 2020 / Accepted: 3 December 2020 / Published: 6 December 2020
This paper explores the recently announced “Green New Deal” policy of South Korea as a sustainability transition strategy. Originally proposed as a post-COVID-19 stimulus plan, the Green New Deal is a sustainability-centered strategy for building a low-carbon and climate-neutral economy. The Green New Deal sets out eight targets to be accomplished under three strategic areas: green urban development, low-carbon decentralized energy, and innovative green industry. The Deal also takes measures to protect the people and sectors at a higher risk of being left behind in the process of the economic transition. It is an upgraded version of the “Green Growth” national policy, with more emphasis on sustainability in addition to the growth aspect. This paper will examine the accomplishments and challenges during the Green Growth policy era and argue why the transition to the new Green New Deal is necessary for a sustainability transition. View Full-Text
Keywords: energy policy; Korea; Green New Deal; sustainability; climate change; sustainable development; green growth; carbon neutrality; renewable energy energy policy; Korea; Green New Deal; sustainability; climate change; sustainable development; green growth; carbon neutrality; renewable energy
MDPI and ACS Style

Lee, J.-H.; Woo, J. Green New Deal Policy of South Korea: Policy Innovation for a Sustainability Transition. Sustainability 2020, 12, 10191. https://doi.org/10.3390/su122310191

AMA Style

Lee J-H, Woo J. Green New Deal Policy of South Korea: Policy Innovation for a Sustainability Transition. Sustainability. 2020; 12(23):10191. https://doi.org/10.3390/su122310191

Chicago/Turabian Style

Lee, Jae-Hyup, and Jisuk Woo. 2020. "Green New Deal Policy of South Korea: Policy Innovation for a Sustainability Transition" Sustainability 12, no. 23: 10191. https://doi.org/10.3390/su122310191

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