Common Current and South Korea's High-Growth Low-Carbon Plans

| | Comments (0) | TrackBacks (0)

South Korea is planning on an ambitious "High-Growth Low-Carbon" economy aimed at making its clean technology industry and sustainability know-how central to what is the world's largest Green New Deal. Come August I'll be taking the stage in Incheon, South Korea at the Global Environmental Forum to discuss the merits of such a strategy.

Other speakers at the Global Environmental Forum will include a nexus of the greatest institutional, political, scientific and business forces trying to fight global climate change in the midst of a global recession:
  • UN Secretary General Ban Ki-Moon
  • California Governor Arnold Schwarzenegger
  • Sir Nicholas Stern (he of the famed Stern Review)
  • John Chambers, CEO of Cisco (Think that's a non-sequiter? Check out Cisco's "Connected Cities" and "Vision 2030" initiatives).
South Korea is planning on spending the greatest proportion of its national budget on clean tech development and infrastructure of any developed nation. To provide an idea of proportion, the US stimulus passed in October 2008 provided 11.5 percent for the green economy and the most recent ARRA provided a similar percentage out of the $787 billion total.

South Korea's green portion of its national stimulus passed last year was closer to 90 percent (see slide 32 of 33).

President Lee Myung Bak has allocated 50 trillion won (equal to 3.77 trillion dollars) by 2012 for renewable energy development, water infrastructure and water related technologies so the nation can "take the offensive" in combating climate change while meeting fast-growing global clean tech demand.

I'll be on a panel at the Forum examining "Climate Change and Urban Sustainability" with former EPA chief Christine Whitman. It will be my third tour of South Korea in 18 months. My tours have focused on speaking about how to measure city sustainability best practices with national, university and local officials.

0 TrackBacks

Listed below are links to blogs that reference this entry: Common Current and South Korea's High-Growth Low-Carbon Plans.

TrackBack URL for this entry:

Leave a comment


About the Author

    Warren Karlenzig
Warren Karlenzig, Common Current founder and president, has worked with the United Nations Department of Economic and Social Affairs (lead co-author United Nations Shanghai Manual: A Guide to Sustainable Urban Development in the 21st Century, 2011); United Nations Center for Regional Development (training of mayors from 13 Asian nations on city sustainable economic development and technology); provinces of Guizhou and Guangdong, China (urban sustainability master planning and green city standards); the United States White House and Environmental Protection Agency (Eco-Industrial Park planning and Industrial Ecology primer); the nation of South Korea ("New Cities Green Metrics"); The European Union ("Green and Connected Cities Initiative"); the State of California ("Comprehensive Recycling Communities" and "Sustainable Community Plans"); major cities; and the world's largest corporations developing policy, strategy, financing and critical operational capacities for 20 years.

Present and recent clients include the Guangzhou Planning Agency; the Global Forum on Human Settlements; the Shanghai 2010 World Expo Bureau; the US Department of State; the Asian Institute for Energy, Environment and Sustainability; the David and Lucile Packard Foundation; the non-governmental organization Ecocity Builders; a major mixed-use real estate development corporation; an educational sustainability non-profit; and global corporations. Read more here.

Follow Green Flow on Twitter

About this Entry

This page contains a single entry by Warren Karlenzig published on April 8, 2009 3:11 PM.

DOE Releases Stimulus Funding Requests for City Energy Efficiency Grants was the previous entry in this blog.

City Clean Tech Incubation: How Does Toledo Beat Austin? is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.


Add to Technorati Favorites
Technorati search

» Blogs that link here

Locations of visitors to this page
Powered by Movable Type 4.1