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management and operation. The city takes the responsibility for promotion expenses, and “Green On” Alliance is responsible for concrete implementation of promotion and publicity. Since 2012, the Ministry of Environment, Republic of Korea (50%) and Kwangju (50%) takes charge of the cost of conversion points.
Effect and Challenge 1. Effect of the Initiative
Domestic greenhouse gas emissions can be effectively reduced by the Carbon Bank project which has been emissions coordinating organizations, all
widely promoted by local governments
encourage residents to actively participate
worldwide. In Korea, the banking system
in the project.
has laid the foundation for the country's
From 2008 to 2012, the Kwangju
carbon point system.
Bank is responsible for the cost converted
Carbon Bank system allows
through points in the carbon bank project.
Kwangju to become a “carbon neutral
Kwangju is responsible for system
city”, adapting to climate change, which is
□ The Sparkling Kwangju River