Delegation of the European Union to the Republic of Korea

2nd EU-Korea Joint Platform on ETS project implementation

Seoul , 12/12/2017 - 04:26, UNIQUE ID: 171212_1
Statements on behalf of the EU

On 8 December 2017, the 2nd EU-Korea Joint Platform on ETS project implementation took place, co-chaired by Director Beatriz Yordi, European Commission DG Climate Action, Directorate B – European and International Carbon Markets and Director-General Young-hoon Kim, Climate and Future Policy Bureau, Ministry of Environment of the Republic of Korea.


The Joint Platform is meeting annually, to oversee and validate the direction and policy of the EU funded Project ''Implementation of an Emission Trading System (ETS) in the Republic of Korea" and to co-ordinate between various organisations and institutions involved in it.


The Project is supported by the Partnership Instrument for the duration of 3 years, 2016-2018, aiming to assist the Republic of Korea in its efforts to meet its carbon emission reduction targets by establishing an effective emission trading system (ETS).


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