• Journal of the Korean Geographical Society
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• v.49 no.6
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• pp.865-883
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• 2014

This study investigated the carbon offset project activities as the activities of producing commodities by a case study on the Korean Clean Development Mechanism(CDM) industry. This study draw the networks of Korean CDM industry by extracting major agents and surrounding agents and by analyzing the characteristics of the linkages. The project participants owning the CDM projects hires CDM consultancies and designated operational entities(DOEs). The technical knowledge for carbon emission reduction made links between project participants and the CDM project operational knowledge made links between project participants and CDM consultancies. Links between project participants and DOEs are affected by social and geographical proximities. The value of the knowledge for CDM industrial activities determined the role of agents and type of linkages. The agents with the irreplaceable knowledge could be a project conducting firms. The agents without it became outsourcing contractors.

• Journal of Korean Society of Forest Science
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• v.100 no.4
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• pp.698-707
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• 2011

Over the past 10 years, South Korea has implemented various plantation projects including the Pine Restoration Project in Tujiin Nars and the desertification prevention forestation in Lun soum. This study has evaluated the implementation feasibility on the small-scale A/R CDM projects in Mongolia through which carbon emission credits can be secured. Characteristics, pros and cons, economic feasibility, and project execution feasibility were compared among three possible sites, Khyalganat, Tujiin Nars, and Lun soum. Among the three evaluated sites, Tujiin Nars has the better condition in tree growth, economic feasibility, and the applicability of experience than the other two sites. A/R CDM project in Mongolia, which has a great environmental benefit of combating desertification, is expected to have some effectiveness such as lowering costs from credit benefit, sustainable management by villagers, contribution to communities, investor's contribution to society and achievement of green image, and strengthening forestry cooperation between Korea and Mongolia.

• New & Renewable Energy
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• v.3 no.4
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• pp.104-113
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• 2007

교토의정서(Kyoto Protocol)의 발효로 전 세계적으로 에너지절약형 산업구조로의 전환 및 신재생에너지 개발 등의 온실가스 감축을 위한 노력이 활발하게 진행되고 있으며, 우리나라 또한 온실가스 저감을 피할 수 없게 되었다. 특히 선진국(Annex I)의 구속력 있는 감축목표를 규정하고 있는 교토의정서의 의무이행에 유연성을 부가하기 위해 교토메카니즘이 채택되었다. 교토 메카니즘은 CDM(Clean Development Mechanism), JI(Joint Implementation), ET(Emission Trading)로 이루어져 있으며, 이 가운데 CDM 사업은 선진국(Annex I)과 개발도상국 non-Annex I)간 공동 협력 사업으로 non-Annex I 국가인 우리나라가 참여할 수 있기 때문에 국내 기업 및 정부의 관심이 높아지고 있다. 이러한 CDM 사업을 수행하기 위해서는 적용 가능한 CDM 사업 방법론이 필요하며, 방법론이 없을 경우 CDM 사업 방법론을 개발하여야 한다. CDM사업 방법론에는 레이스라인, 추가성, 배출 감축량, 모니터링 등에 대한 구체적인 방법이 제시되어야 하고 사업 수행자는 사업의 타당성 확인 및 검증을 위해 방법론을 정확히 이해해야 한다. 따라서 본 CDM사업 방법론 연구를 통해 CDM사업 수행 및 방법론 개발을 위한 주요 항목의 이해를 돕고 국내 CDM 사업의 활성화를 도모하고자 한다.

• Environmental and Resource Economics Review
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• v.17 no.4
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• pp.691-717
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• 2008

The Kyoto Mechanisms allows a supplementary means for compliance, CDM(Clean Development Mechanism) and JI(Joint Implementation) projects. The investment in CDM projects is increasing rapidly as the first implementation period began in 2008. This paper seeks to determine factors affecting the price of primary CER using UNFCCC CDM Project Development Document(PDD) data. This study employs the Cluster analysis and the GLS(Generalized Least Squares) method.

• Journal of Environmental Policy
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• v.5 no.1
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• pp.25-43
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• 2006

This study is intended to develop an economic feasibility methodology of A/R CDM projects based on two project cases in China and Vietnam and to evaluate the project profitability from the view point of credit type selection between temporary CER (tCER) and long term CER (lCER) as well as from the aspect of CER prices by using indicators IRR, the year in which a single year profit is achieved and the year in which the accumulated deficit is cleared. For A/R CDM projects of industrial plantations, tCER is more suitable than lCER. Profitability of A/R CDM projects depend on the price of wood and CERs. In the case that the project participants take responsibility for replacement of credits to make the price of their CERs at higher levels, thus the project may not be feasible as a CDM project. However, minimum required tCER prices without replacement are 11US$/t $CO_2$, thus the project may be feasible under the future carbon market scheme.

• Spatial Information Research
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• v.22 no.2
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• pp.1-9
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• 2014

UN-REDD (United Nations programme on Reducing Emissions from Deforestation and forest Degradation in Developing Countries) and AR-CDM (Afforestation/Reforestation-Clean Development Mechanism) is currently being emerged as one of important mechanism to reduce carbon dioxide in relation to the deforestation. Discussion on North Korea as UN-REDD/AR-CDM project target continues with a view to preventing deforestation and to securing CER(certified emission reduction) for South Korea. The forests in Mt. Baekdu are degraded, deforestation is occurred, nevertheless, portion of forested area is still high, where both REDD and AR-CDM investment potential are quite high. Accordingly, this study is intended to explore a simultaneous registration potential to UNREDD/AR-CDM for Mt. Baekdu although separate registration to UN-REDD or AR-CDM has already gained worldwide recognition as a typical method in the process of GHG (Greenhouse Gas) reduction project. The results indicate that selecting UN-REDD or AR-CDM in accordance with sub-watershed forest condition could capture 53.2% more carbon dioxide than REDD alone and 21.9% more than AR-CDM alone. It is anticipated that this research output could be used as a realistic evidence to introduce carbon sequestering project in accordance with sub-watershed forest condition.

• Journal of Environmental Policy
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• v.5 no.2
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• pp.69-93
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• 2006

This paper considers major three steps to arrive at accurate baseline emissions against which actual emission reductions attributable to CDM projects are accounted for. The first step is to select most likely baseline scenario among plausible alternatives. Then, the additionality of the project in question would be assessed by demonstrating that the project is not included in the baseline scenario selected. Finally, baseline emissions are calculated under the baseline scenario. In this paper, these three steps are integrated into a single flow chart in order to help understand the procedures for application of a baseline methodology better. Following the flow chart, a landfill gas-to-electricity project in Korea is analyzed as a case study. In consequence, this paper concludes that landfill gas-to-electricity projects in Korea have great potential for CDM projects, and it could also be concluded that data availability and reliability are a prerequisite for successful application of baseline methodologies for landfill gas projects to Korean specific situations.

• Journal of Korean Society of Forest Science
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• v.102 no.3
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• pp.398-406
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• 2013

Afforestation/reforestation (A/R) clean development mechanism (CDM) is the only forestry-based activities allowed under the Kyoto protocol. This study was conducted to develop a methodology to estimate greenhouse gas (GHG) removals of a small scale A/R CDM pilot project in Goseong, Gangwon Province, Korea. AR-AMS0001 was applied as a methodology and selected tree species were Pinus koraiensis, Larix kaempferi, and Betula platyphylla for total area of 75.0 ha. To improve the accuracy on the GHG removals estimation, selection of the baseline scenario and carbon pools and stratification of the project site were conducted. Based on the developed methodology, net anthropogenic GHG removals were estimated as actual net GHG removals, subtracted by baseline net greenhouse gas removals and leakage. As a result, anthropogenic GHG removals of the project were 12,415 ton $CO_2-e$ and 165.5 ton $CO_2-e/ha$. This project is the first A/R CDM in domestic site and could enhance the technical accuracy of the GHG removals estimation by using countryspecific data reflecting the site condition.

• International conference on construction engineering and project management
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• 2013.01a
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• pp.107-110
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• 2013

Recently, Korea parliament legislated the Low Carbon Green Growth Act (April, 2012) and approved a bill (May, 2012) to start carbon emission trading system in 2015. It means that for the first time, government would regulate the amounts of carbon emission in private entities, and private entities should attain predefined emission reduction goals by implementing clean development mechanism (CDM) project or buy the Certified Emission Reductions (CERs) from the trading market to avoid penalty. Under these circumstances, it is not easy for them to determine when or how to implement the CDM project because the governmental energy policies about the level of governmental subsidies, periods for free emission allocation, etc. are still under discussion and the future price of the CERs is quite uncertain. Thus, this study presents a real-option based model to assess the financial viability of the CDM project which switches bunker-C oil to liquefied natural gas (LNG). The proposed model is expected to assist private entities in establishing the investment strategy for CDM project under uncertain government energy policies.

• 한국신재생에너지학회:학술대회논문집
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• 2007.11a
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• pp.673-676
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• 2007

교토의정서의 발효로 인해 전세계적으로 온실가스 감축 활동이 활발하게 진행되고 있으며, 국내 산업계 또한 온실가스 저감을 피할 수 없게 되었다. 특히 교토의정서 이행을 위해 도입된 교토메카니즘 가운데 개발도상국의 온실가스 감축 활동을 위해 CDM 사업이 활성화되고 있으며, 개발도상국인 우리나라도 참여할 수 있기 때문에 국내 기업 및 정부의 관심이 높아지고 있다. 그러나 CDM 사업을 수행하기 위해서는 적용 가능한 CDM 사업 방법론이 필요하며, 방법론이 없을 경우 CDM 사업 방법론을 개발하여야 한다. 방법론에는 베이스라인, 추가성, 배출 감축량 등에 대한 구체적인 방법이 제시되어야 하고 사업의 타당성 확인 및 검증을 위해 방법론을 정확히 이해해야 한다. 따라서 본 CDM 사업 방법론 연구를 통해 CDM 사업 수행 및 방법론 개발을 위해 필요한 주요 항목에 대한 이해를 돕고 국내 CDM 사업의 활성화를 도모하고자 한다.