• Title/Summary/Keyword: CDM business

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Which CDM methodology is the best option? A case study of CDM business on S-Water treatment plant

  • Kyung, Daeseung;Lee, Woojin
    • Advances in environmental research
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    • v.1 no.2
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    • pp.125-142
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    • 2012
  • Clean development mechanism (CDM) validity study was conducted to suggest better and more adaptable CDM scenario on water treatment plant (WTP). Potential four scenarios for CDM project; improvement of intake pumping efficiency, hydro power plant construction, solar panel construction and system optimization of mechanical mixing process were evaluated on S-WTP in Korea. Net present value (NPV) of each scenario was estimated based on sensitivity analysis with the variable factors to investigate the CDM validity percentile. Hydro power plant construction was the best option for CDM business with 97.76% validity and $1,127,069 mean profit by 9,813 $tonsCO_2e$/yr reduction. CDM validity on improvement of intake pumping efficiency was 90.2% with $124,305 mean profit by huge amount of $CO_2$ mitigation (10,347 $tonsCO_2e$/yr). System optimization of mechanical mixing process reduced 15% of energy consumption (3,184 $tonsCO_2e$/yr) and its CDM validity and mean profit was 77.25% and $23,942, respectively. Solar panel construction could make the effect of 14,094 $tonsCO_2$ mitigation annually and its CDM validity and mean profit was 64.68% and $228,487, respectively.

A Possibility for Multilateral CDM Projects in Northeast Asia - The reduction effect in transaction cost by Korean participation - (동북아시아지역의 다국 간 CDM프로젝트에 대한 검토 -한국 참가에 따른 거래비용 삭감효과-)

  • Jung, Woo-Jong;Nakano, Satoshi
    • Journal of Environmental Policy
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    • v.2 no.2
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    • pp.41-63
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    • 2003
  • CDM(Clean Development Mechanism) project is said to be a mechanism, which profits both the investing country and the host country, while additionally contributing to the reduction of greenhouse gases of the earth as a whole. However in reality, most of the proposed projects do not end up in agreement because of the problems related to differences in recognition between the investing country and the host country of the CDM project. This outlines the background for this research which proposes a new design of institutional arrangements of CDM projects in the Northeast Asian region, mainly Japan, China and Korea. In addition, we investigate the feasibility of the proposed design. The research firstly focuses on the reduction in transaction costs that the participation of Korea will have on a Japan-China CDM project. This paper further emphasizes the potential gains that would materialize if a CDM project involved the whole Northeast Asian region, and not only one country. Our research suggests that an approximate reduction of 23% in transaction costs, and about 4% reduction in the total costs of a CDM project can be expected to follow the Korean participation. In addition to decreasing costs we find that a Korean involvement in a CDM project with Japan will lead to efficiency gains illustrated by a higher increase in the IRR(Internal rate of return) in a Japan-Korea project(11.45% to 12.21%) compared to an IRR incresement of 10.57% to 11.27% for a pure Japanese CDM project. Similar results of a rise in the IRR is found for the whole investment period of 20 years. We can hence conclude that Korean participation in a Japan-China CDM project would improve the implementation possibilities of CDM project in the Northeast Asia region.

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A Study on Forest Changes for A/R CDM in North Korea (A/R CDM을 위한 북한지역의 산림변화 연구)

  • Lee, Dong-Kun;Oh, Young-Chool;Kim, Jae-Uk
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.10 no.2
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    • pp.97-104
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    • 2007
  • A/R CDM(Afforestation/Reforestation Clean Development Mechanism) in Kyoto Mechanism means, either afforestation in the area used for other purposes more than 50 years or reforestation in the area used for other purposes on December 31st in 1989. South Korea has few sites due to the successful forestation in the past, but North Korea has not reforested the deforested lands since the mid-1970's. So these areas need to apply A/R CDM Project for restoration. The purposes of this study are to make a time series analysis in deforested areas and to estimate a feasibility of A/R CDM. To find the site satisfying A/R CDM business definition, land cover classification was applied using satellite images of the mid-1970's with good forestation, late 1980's including A/R CDM base year, and recent 2000's, and the chronological change was analyzed to categorize the possible sites. The North Korean topographical map of 1977 was used to verify land cover classification degree of 1970's, the land cover classification results made by the Ministry of Environment in 2000 were compared to verify the accuracy of 1980's results, and the land cover classification results in 2000's were verified by 2 site visits. The results of this study can be summarized as follows. The eligible A/R CDM sites are 605,156ha on the basis of the forestation change analysis in North Korea. Since the mid-1970's, 30.8% of the decreased forestation area of 1,966,306ha was classified into A/R CDM eligible sites. While other countries have the limited eligible sites, which has not been used for forestation since 1989 or which is being scattered, North Korea has large scale sites. Deforested sites are mainly around road and residential area, consequently give better accessibility for forestation than other countries. In conclusion, it is found that North Korea can provide efficient site for applying A/R COM Project to forestation restoring deforested land because of easy accessibility and existence of many possible sites due to artificial deforestation. Also, it is meaningful that the study suggests the application possibility of A/R COM Project to restore deforested land in North Korea and the related basic information through the chronological classification of the mid-1970's with good forestation, the late-1980's including A/R COM base year, and recent 2000's. It is expected that the study contributes to revitalization of A/R CDM Project and related research on North Korea forestation.

Collaboration for Carbon Market of Three Countries: KOREA, JAPAN and CHINA (한·중·일 탄소시장 협력 방안)

  • HWANG, YUN SEOP;Choi, Young Jun;Lee, Yoon
    • International Area Studies Review
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    • v.15 no.2
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    • pp.427-447
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    • 2011
  • In global, there is an active movement to reduce the green house gas. Allowance and carbon tax are the one of effective alternatives to mitigate green gas effect. In addition, the clean development machinism(CDM) can be applied between the ANNEX 1 and developing countries. It could be an one good solution to reduce the GHG. In the Northern Asia, the CDM can be the one of the possible solution to reduce the GHG because the Japan has a responsibility to reduce GHG and the China and Korea have a room to supply CDM credit. It is suffice to say that if these three countries decide to collaborate, the new international carbon market can be established that can be the similar form of EU-ETS. It is clear that few barriers must be removed to launched such new form of carbon market. Protection of domestic technology, excessive financial request of business opportunities by CDM, and irrational needs of carbon credit that created by CDM, listed constraints define as an one single word, the national selfishness. Once it is cleared, there is high possibility that the Northern Asia CDM trading system can be launched.

A Study on Acceptance of CDM/UCR in WCO as e-Customs clearance procedures (WCO의 CDM과 UCR을 수용한 전자통관시스템 발전 방안)

  • Ryu, Geun-Woo;Kim, Young-Chun
    • International Commerce and Information Review
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    • v.9 no.2
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    • pp.327-350
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    • 2007
  • A single window platform must be successfully established by implementing CDM/UCR in WCO and UNeDocs in UN/CEFACT, which is part of the framework of standards for secure and facilitate global trade. Core success factors in single window platform for international trade depend on political innovative capacity, advanced leadership of high ranking officials and departments in charge, effective collaborations between the ministries and offices concerned which are supported by supreme executives, self-controlled coordinations between users, convenience and access availability to users, promotion and marketing, identification on predictive impediments, financial raising and revenue model payable, communication's strategy, valid legal basis etc. To settle a stable ubiquitous e-trade platform, firstly, procedures and practices of customs clearance which different from one another mutually must be standardized globally. Secondly, the international standard electronic data exchanges must be introduced to facilitate and simplify customs clearing procedures by holding administrative informations in common between public institutions. thirdly, cooperative work model must be accepted with enhancing outsourcing business between reference groups (export-import firms and IT service providers).

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Korean Application Plans for International Carbon Markets by Coping with the Paris Agreement (Post-2020 파리협정 대응 한국의 국제탄소시장 활용방안)

  • Lho, Sangwhan
    • Journal of Climate Change Research
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    • v.9 no.1
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    • pp.91-102
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    • 2018
  • The Korean government submitted the Intended Nationally Determined Contributions (INDC) to UNFCCC which aims to reduce 37% greenhouse gas emission for the opportunity of developing new energy industry and industry innovation by 2030 compared with Business-As-Usual scenario taking into account its international responsibilities and hosting headquarters of Green Climate Fund (GCF) secretariat. The 37% reduction is composed of 25.7% in the domestic markets and 11.3% in the international carbon markets. To achieve the reduction target in the international carbon market mechanisms, it must use the linkage of international carbon markets and develop new renewable energy technology for CDM and ODA. Finally, it must improve carbon capture storage (CCS) technology and establish domestic CCS institutional systems as soon as possible. And, it must activate CCS information exchange for the international cooperation on UNFCCC movement.

Analysis of the Effect of Calcium Supplementation Corallina pilulifera on Bone Health using Low-Calcium Dietary Animal Models (저칼슘식이동물모델에서 한국 자생 작은구슬산호말(Corallina pilulifera) 유래 해조칼슘이 뼈건강에 미치는 영향)

  • Ji-An Lee;Sun-hoi Gu;Ho-won Hwang;Yong-Seok Park;Inae Kwak;Jung Suk Lee;Young-Seok Han;Hak-Jae Kim
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.56 no.6
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    • pp.841-849
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    • 2023
  • Corallina pilulifera (CP) is prevalent along the Korean coastline and belongs to the Corallinaceae family, exhibiting growth throughout all seasons. This study confirmed the role of calcium supplementation through CP, calcined CP (CCP), and a commercial calcium powder, highlighting variations in dosage within animal models induced by a calcium-deficient diet. Analysis of calcium absorption was conducted by assessing the serum and urine calcium levels during the feeding periods. Serum calcium content was significantly higher in the control group (CON, 9.79 mg/dL) than in the calcium-deficient model (CDM, 6.15 mg/dL). The calcium content of urine was significantly higher than that of CON (0.20 mg/dL) compared with CDM (0.08 mg/dL). Reticular bone thickness showed no significant differences between the CON and CDM groups. Additionally, micro-CT results demonstrated a reduction in the trabecular volume and a significant difference between the number of strands and the average interval of the reticular bone. In conclusion, CP serves as a promising source of calcium supplementation. Therefore, these findings emphasize that CP is of sufficient value as an industrial material related to calcium metabolism.

A Study on Myanmar Power Marker for Korean Firms - Focused on CHP, CDM, MDB - (한국기업의 미얀마 전력시장 진출 방안에 관한 연구 - CHP, CDM, MDB를 중심으로 -)

  • Yu, Cheon;Hwang, Yun-Seop
    • International Area Studies Review
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    • v.20 no.4
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    • pp.37-56
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    • 2016
  • The purpose of this research is to present the implication for Korean firms' entry into the power market in Myanmar. This study investigated the characteristics of the Myanmar power market and analyzed SWOT, focusing on energy policy, power supply and demand, energy relations with neighboring countries and climate change issue. Opportunity factors are changes in energy strategies, the launch of an energy integration organization, changes in the power energy portfolio, rapid economic and power demand growth, and a clean development mechanism. The threats are high nonfulfillment of a contract, high power loss rates and low electricity distribution rates, increased energy exports to neighboring countries, and vulnerability to climate change. We suggest the use of CHP (Combined Heat and Power), Clean Development Mechanism (CDM), and Multilateral Development Bank (MDB).