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The current situation and perception analysis of forest carbon offset scheme in Korea

XV World Forestry Congress, 2-6 May 2022

Year of publication 2022

Place of publication Rome, Italy ;

Pages 1p.

Author Sa, Y., Kim, J.

Publisher FAO ;

Product type Document

Synopsis (short abstract) As the international community pays attention to the absorption of carbon using forests, Korea has been operating the Forest Carbon Offset Scheme since 2013. However, monitoring performance to be performed for certification is sluggish, and it was found that there is a limit to sustainable operation. This study aims to analyze current situation and perception of Forest Carbon Offset Scheme in Korea to suggest problems and direction of improvement.

Through literature surveys and interviews, in-depth interview questions were selected, and people in charge of transaction-type projects were interviewed in-depth. The Survey was conducted on people in charge, and the characteristics of perception were analyzed through descriptive statistical and frequency analysis.

The main expected effect was profit generation, and the overall perception of the expected effect decreased. Hindrances were in the order of "Concern about transaction possibilities", "Complexity of certification procedure", "Lack of competent professionals", "Lack of support costs for project planning", "Administrative delay" and "Lack of project operators’ expertise". Also, there were some issues in need of improvement in three aspects. First, there were issues with “Complexity of certification procedure”, “Lack of competent professionals”, “Lack of support costs for project planning”, and “Administrative delay” in system and operation. Second, there were issues with “Concern about transaction possibilities” in profitability. Third, there were issues with “Lack of project operators’ expertise”, “Gap between business purpose and expectation” in participants’ characteristics and perception.

This study proposed "Providing guidelines and information on the project through periodic identification of the people in charge", "Emphasizing awareness as a project for social contribution", and "Encouragement of revenue generation from non-carbon revenue sources" for improvement of scheme. Keywords: Policies, Climate change, Sustainable forest management ID: 3486756

Statutory body / Meeting title World Forestry Congress (WFC)

Language English

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