INTIEAKorea · Carbon Cashbag ProgrammePolicyIn force

Carbon Cashbag Programme

The Ministry of Knowledge Economy introduced a "Carbon Cashbag" programme in May 2009, to increase public awareness and promote voluntary participation in CO2 mitigation activities. Carbon points will be awarded to customers upon the purchase of low-carbon products. 1 point is…

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Country / jurisdiction: Korea · Year: 2009 · Status: In force · Level: National · Type: Voluntary

The Ministry of Knowledge Economy introduced a "Carbon Cashbag" programme in May 2009, to increase public awareness and promote voluntary participation in CO2 mitigation activities. Carbon points will be awarded to customers upon the purchase of low-carbon products. 1 point is equivalent to KRW 1 and the points can be used to buy low-carbon products. This programme is now at the pilot stage and a limited number of products can be purchased with the points. The government is planning to expand the scope of this programme.

Official source: http://www.mke.go.kr/language/eng/main.jsp

Source

https://www.iea.org/policies/1229

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