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Carbon Expert

Development & Implementation for GHG Reduction Offsets Projects

The Carbon Offset Scheme is the key policy of the Korean Emissions Trading Scheme which companies, local governments and institutes voluntarily register their GHG reduction projects to the Carbon Offset Scheme to use the Korean Offset Credits(KOC) to achieve the project targets or create economic profits through carbon markets. We have been performing many projects across the whole process of the offset project including development of domestic and international offset systems such as Clean Development Mechanism(CDM) and Carbon Offset Schemes, development of methodologies, discovery of project, registration of project, project management, emission trading, etc.

Especially, we have the best expertise in the offset field, including experience to build infrastructure across the domestic offset system, performance to develop the most methodologies in the country and certificates to verify all domestic offset systems. We provide the best services across the whole process of carbon offset projects from development of GHG reduction projects to selection and registration of an optimal carbon offset system considering customer`s economy, and to issuance and trading of offset credits based on our participation in and analysis of GHG emission trading scheme, carbon offset system, CDM, VCS, forest carbon offset system, etc.

Major areas of research

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    Agency business across the whole process to certificate reduction performance including development of GHG offset projects

    • Discover GHG offset projects and analyze their economic feasibility
    • PDD(project design document) and monitoring reports
    • Certification on carbon reduction and issue the KOC
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    Management of carbon offset projects and optimal trading of the KOC

    • Entrusted management of projects through the carbon information system during the term of validity
    • Achieve assigned duties on General Manager of PoA
    • Link matching of emissions between Allocation business entities and GHG reduction offset businesses
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    Investment in carbon offset projects and management of funds

    • Matching investment in GHG reduction projects
    • Analyze economic feasibility and registration of carbon offset projects
    • Operational advice on offset funds and entrusted operations of offset project funds

Carbon market analysis and companies carbon market reponse strategy development

In the carbon market where GHG reduction creates economic value, countries and companies must be able to get access to accurate and fast information, and predict and respond to mid- to long-term market prospects based on data. We are supporting the establishment of carbon market response strategies by analyzing the current status of carbon market policies not only in Korea but also in the EU and US. In addition, we are analyzing domestic and international carbon market trends by expanding the carbon market sector from the domestic emission trading system and target management system to overseas carbon tax and carbon border adjustment mechanism.

In line with the international trend, we are continuously strengthening our carbon market network to analyze specialized information on domestic and international carbon markets, and based on data and analysis data, we prepare strategies to activate the carbon market, such as linking domestic and international carbon markets. We provide services that enable various customers, including governments, companies, and local governments, to cost-effectively create new opportunities through optimal responses to domestic and international carbon markets.

Major areas of research

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    Analysis of domestic and international carbon market policy and system

    • Investigation and analysis of Korean carbon market policy status
    • Investigation and analysis of the current status of the Korean emission trading scheme
    • Investigation and analysis of the current status of international carbon markets (emissions trading scheme, carbon tax, carbon border tax)
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    Domestic and international carbon market analysis and forecast

    • Investigation and analysis of the current state of the Korean emission trading market
    • International carbon market (EU-ETS, RGGI, China-ETS, etc.) transaction status investigation and analysis
    • Analysis and forecast of domestic and international mid- to long-term carbon market trends
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    Establishment of carbon market response strategy for enterprise

    • Establishment of strategies to respond to Korean emission trading scheme
    • Establishment of strategies to respond to carbon border taxes in EU and US
    • Review the feasibility of using international carbon offset systems such as the Sustainable Development Mechanism (SDM)
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    Strategies to link domestic and overseas carbon markets

    • Research on establishing strategies for linking domestic and internaitional emission trading scheme
    • Research on establishing strategies to link domestic and international carbon markets
    • Matching of carbon credits of domestic and foreign companies

Research & Development(R&D) of Government · Local Governments' Cliamte change response

With the adoption and entry into force of the Paris Agreement in response to global climate change, a common system has been established where both developed and developing countries participate. As the trend of the international community and government's policies are expanding from GHG reduction to carbon neutrality, it is necessary to develop climate change mitigation policies and establish strategies in response to the international carbon market.

As a climate change expert group, we have a number of doctoral level experts in various fields, and have carried out various projects such as government policy development, methodology development, carbon rescycling MRV, forest carbon calculation, and policy transfer to developing countries. Based on our experience and expertise, we will provide effective measures to reduce GHG emissions and respond to climate change for governments and entities.

Major areas of research

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    R&D of Government · Local governments' climate change response related policies

    • Strategy development for GHG mitigation
    • Development of infrastructure for national GHG mitigation policy
    • Development of master plan for governemnt, local government and entities' climate change response
    • Research on domestic, international carbon market related strategy
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    R&D of carbon neutral response strategy

    • Analysis on GHG emission and contribution of GHG mitigation projects
    • Development of Korean Offset Program and carbon credit
    • Development of carbon neutral strategy

Research on how to response to the Paris Agreement

A new climate system has arrived as the Paris Agreement, which is a joint response by 197 countries around the world, has been signed and entered into force. In particular, it is necessary to identify rapidly changing international trends and take policy and institutional responses accordingly. As negotiations on Article 6 of the Paris Agreement have been completed at the 26th United Nations Framework Convention on Climate Change, the response to climate change using the international carbon market is expected to become more active.

For many years, we have been participating in government/international organizations' policy research to respond to the new climate system and development of new international reduction projects (feasibility studies, etc.) . In particular, based on our expertise in international reduction projects in the forestry sector (REDD+, etc.) and waste sector, we provide strategic services for responding to the new climate system not only of the government but also of companies, institutions, and local governments.

Major areas of research

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    Research on how to response to the Paris agreement

    • Research on establishment of a system based on Article 6.2 of the Paris Agreement (Cooperative Approach)
    • Establishment of international reduction project development strategy using the Paris Agreement Article 6 mechanism
    • Research on domestic system improvement to respond to the Paris agreement
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    Preparation of strategy for implementing international reduction project

    • Establishment of institutional and policy strategies for the implementation of international reduction projects in the forestry sector(REDD+)
    • Feasibility study and technology evaluation for the implementation of international waste reduction projects
    • Support for companies to join international networks such as CTCN (Climate Technology Center&Network)

Development of Greenhouse Gas Reduction Technology Methodology

In order to mitigate climate change and secure emission rights, it is necessary to develop new technologies and create new industries to reduce (increase absorption) of greenhouse gases throughout society, including industries, buildings, transportation, and forests, and to quantify greenhouse gases (MRV) in accordance with international standards. I am doing it with We are conducting research on quantification of greenhouse gases such as the emission calculation method of new technologies related to greenhouse gas reduction and the development of offset system (CDM, KOP, etc.) methodologies.

In particular, we have the best expertise, such as registering the first CDM AM (large-scale) greenhouse gas reduction methodology in Korea and registering the largest number of methodologies in the emission trading system offset system. Based on our experience and expertise, we will provide effective countermeasures to reduce greenhouse gas emissions and secure emission rights.

Major areas of research

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    Development of Greenhouse Gas Offset System Methodology

    • Development of UNFCCC Clean Development Mechanism (CDM) methodology
    • Development of Korean offset program Methodology
    • Development of quantification (MRV) method for new technologies to reduce greenhouse gas
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    Research on the Mechanism and Methodology of the International Carbon Market Under the Paris Agreement

    • Research on the Sustainable Development Mechanism (SDM) New Methodology Development
    • Research on the use of the Paris Agreement Article 6 (International Carbon Market Mechanism) methodology

Research on the Climate Change Response Cooperation with North Korea

"Along with the forest sector, North Korea is evaluated to have very high potential for reducing greenhouse gas emissions in various fields such as renewable energy and energy efficiency improvement. In addition, North Korea is making efforts to expand greenhouse gas reduction projects in the energy sector and forestry sector (REDD+, etc.) Korea announced a plan to achieve the 2030 national greenhouse gas reduction goal through international cooperation, and among them, cooperation with North Korea, which has high greenhouse gas reduction potential, is a very important part.

For many years, we have been conducting continuous research for win-win cooperation in greenhouse gas reduction with North Korea, such as the North Korean Clean Development Mechanism (CDM) project, analysis of the potential for greenhouse gas reduction in energy and forestry, and establishment of international stakeholder partnerships. In particular, as a party to the United Nations Framework Convention on Climate Change in the new climate regime, it is necessary to continuously discover opportunities for cooperation on climate change between the two Koreas. Based on the core information and stakeholder network we have accumulated through North Korea-related research and projects, we will continue to discover and promote cooperative projects to reduce greenhouse gas emissions.

Major areas of research

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    Discovery of North Korean greenhouse gas reduction cooperation projects and laying the groundwork

    • Discovering North Korean greenhouse gas reduction projects
    • Cooperation of North Korean SDM Projects in Connection with International Organization
    • Establishment of cooperation network to reduce greenhouse gas in North Korea
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    Research and Development(R&D) on the North Korean response to climate change and greenhouse gas emission reduction

    • Analysis of North Korean greenhouse gas emissions and infrastructure analysis such as climate change response organizations in North Korea
    • Inter-Korean mid to long term cooperation plan to reduce greenhouse gas emission
    • Establishment of a cooperative system to reduce greenhouse gas emission in energy and forest sector
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    Utilization of North Korea’s Greenhouse Gas Emission Reduction

    • Analysis of potential amount of greenhouse gas reduction projects and emission reduction in North Korea
    • Utilization of North Korea's greenhouse gas reduction results in connection with international organizations

Establishing a carbon neutral strategy and supporting ESG management

As the social demand and necessity for corporate sustainability management expands to respond to the climate crisis, Carbon Neutral and ESG (Environmental Social Governance) are emerging as megatrends at home and abroad. The government declared carbon neutrality in 2050, and expressed its position to play a role as a facilitator by communicating with the market with the goal of creating and spreading a privately-led ESG ecosystem. Accordingly, domestic companies and institutions should establish a customized carbon-neutral promotion strategy based on the current status, vision, and goals of the headquarters and establish strategies for ESG management.

Based on our expertise and know-how in establishing reliable carbon-neutral promotion strategies in various sectors, from local governments to corporations and public institutions, we support the establishment of customized carbon-neutral strategies in line with the vision and goals of companies and institutions.

Major areas of research

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    Establishing a carbon neutral strategy

    • Research and analysis of carbon-neutral policies of domestic and foreign governments and companies
    • Building a greenhouse gas inventory to achieve carbon neutrality
    • Forecast of GHG Emissions by the Carbon Neutral Target Period
    • Establishment of customized carbon-neutral promotion strategies that correspond to the vision and goals of companies and institutions
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    ESG management promotion support

    • Support for ESG management promotion Analysis of trends in ESG discussions by foreign governments and companies
    • Investigation and analysis of global ESG standardization status by global evaluation and disclosure organizations (GRI, SASB, etc.)
    • Survey and analysis of the current status of K-ESG guideline