全球智库信息集成服务系统

Developing an Indicator Framework for National Green Growth Strategy: Measurement and International Comparison of Green Growth

In 2008, President Lee Myung-Bak announced the “low-carbon, green growth” strategy as a new vision that will guide the nation’s long-term growth. This new national vision emphasizes the implementation of policies, which promote environmentally sustainable economic development. Furthermore, it fosters developments that are both low carbon and socially inclusive. The green growth strategy has three key objectives and ten policy directions. The three objectives are creating new engines of higher sustainable growth through the development of low-carbon, environmentally-friendly industries; ensuring climatic and environmental sustainability; and contributing to international negotiations whose purpose is to fight climate change.

 Due to the wide purview of the green growth strategy, which encompasses major domestic environmental policy questions, as well as Korea’s most pressing economic issues, it has the potential to exert enormous impact on environmental quality, natural resources, and socio-economic development. In addition, the green growth strategy requires the input of appropriate information to support policy analyses and to assess progress, which is computed through various indicators that monitor trends and changes. In this study, an indicator framework was developed, and this framework can capture all major aspects of green growth through Korea’s Five-Year Plan for Green Growth. The indicators and variables that make up the framework build on the standard composite indicator methodology, and they were chosen through an extensive review of the literature, assessment of available data, and consultation with sectoral indicator experts.