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Korean role as a center of international climate change -focusing on the related legislation of GCF(Green Climate Fund) Secretariat

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GCF was established as the International Organization, and formed the legal basis to relocate their office in Korea. Executive office have established its legal framework. In this study, regarding operation of GCF, which will play a central role in international climate change, we researched status of legislation in Korea from various perspectives. We suggest the way to give legal administration to GCF for its own, reforming capital market integration act, and measures to ensure the international reliability and transparency. We emphasize the need for successful financial management of GCF through legislative support regarding the green fund, mobilizing private capital. Meanwhile, we found the role of development cooperation in GCF, which is along with ODA legislation revision. Technology transfer system and related legislation are being made within a country or industrial field, GCF can play a role of providing international financial support and technology transfer benefit for recyclable energy resources. Finally, the emission trading legislation in Korea is enacted, and it is significant that preparing international carbon market linkages with the introduction of this system as the pivot of international climate change.

Abstract

GCF was established as the International Organization, and formed the legal basis to relocate their office in Korea. Executive office have established its legal framework. In this study, regarding operation of GCF, which will play a central role in international climate change, we researched status of legislation in Korea from various perspectives. We suggest the way to give legal administration to GCF for its own, reforming capital market integration act, and measures to ensure the international reliability and transparency. We emphasize the need for successful financial management of GCF through legislative support regarding the green fund, mobilizing private capital. Meanwhile, we found the role of development cooperation in GCF, which is along with ODA legislation revision. Technology transfer system and related legislation are being made within a country or industrial field, GCF can play a role of providing international financial support and technology transfer benefit for recyclable energy resources. Finally, the emission trading legislation in Korea is enacted, and it is significant that preparing international carbon market linkages with the introduction of this system as the pivot of international climate change.

참고문헌 (25)

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