• Title/Summary/Keyword: Green Policy

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Status, Challenges and Strategic Directions for the ESG Bond Market in Korea (ESG 채권 현황 및 활성화 방안에 관한 연구)

  • Kang, Yun-Sik;Chung, Jay M.
    • Asia-Pacific Journal of Business
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    • v.11 no.1
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    • pp.45-60
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    • 2020
  • Recently, ESG bond issuance has been gradually spreading to banks and non-financial private companies in Korea. However, the Korean ESG bond market is still in its infancy in terms of size, diversity and investor base compared to the global ESG bond market. In other words, ESG bonds are rapidly forming in the global market, but are still in the formation stage in the domestic market, and various policy and practical measures such as system, incentives, and infrastructure are needed to activate them. In this paper, we examine the domestic and international status of ESG bonds in relation to responsible investment. In addition, this paper explores specific measures to revitalize the domestic ESG bond market in four aspects: establishing ESG bond standards, procedures and regulations, increasing ESG bond investment demand, increasing ESG bond issuance, building market infrastructure and market efforts. This study is expected to contribute to the development of the domestic ESG bond market and responsible investment.

Consumer Values and Green Consumption: Implications for Marketing Strategy and Environmental Policy

  • Lee, Hyun Ju;Park, Seong-Yeon
    • Asia Marketing Journal
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    • v.19 no.4
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    • pp.87-114
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    • 2018
  • The objective of this study is to find the effects of consumer values on eco-friendly buying behavior. This study examines environmental attitudes and involvement as moderating variables to explain eco-friendly buying behavior of consumers. Hypotheses were developed based on Focus Group Interviews, Depth Interviews, and literature reviews. To test such hypotheses, questionnaires were distributed and collected among female adults aged 18 or above, and who are either office workers or housewives. The analysis results show that personal values, sociocultural values, and values related to ecofriendly products affect consumers in their eco-friendly buying behavior. Among those values, concern about safety and health, eco-friendly culture and trend, willingness to pay price premiums and functional effects of eco-friendly products have significant effects on eco-friendly buying behavior. Reflecting these results, business marketers must appeal to consumers with more focus on safety and health, perceived consumer effectiveness, self-monitoring, eco-friendly culture and trend, media exposure, willingness to pay price premiums, design excellence and functional effects, to implement marketing communication strategies accordingly.

A Case Study of FH2R Namie Hydrogen Town from the Socio-technical Experiment Perspective (일본 FH2R 나미에 그린수소타운 사례: 사회기술실험 관점에서)

  • HAJEONG KIM;SANGOOK PARK
    • Journal of Hydrogen and New Energy
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    • v.33 no.6
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    • pp.674-683
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    • 2022
  • In this study, we examined the case of Fukushima Hydrogen Research Field (FH2R) Namie hydrogen town. We found that the case has three aspects of socio-technical experiment: a living-scale test-bed of hydrogen technologies, activities for enhancing social acceptability, and a designed module for policy transfer to diffuse. This study aims to provide a benchmark for planning a green hydrogen city in near future.

Factors Influencing Work-Related Use of Smartphones: An Empirical Investigation

  • JaeSung Park;HeeOck Rho;Joon Koh
    • Asia pacific journal of information systems
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    • v.28 no.3
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    • pp.204-219
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    • 2018
  • This paper touches the limitations of existing theories related to technology acceptance, which mainly focus on users' perceived ease of use and usefulness, and proposes the role for sensory capabilities and enjoyment in understanding smartphone use. Furthermore, we develop a model that explains smartphone usage and intention to use it for a task and analyzes 442 questionnaire survey responses of smartphone users. First, perceived usefulness, perceived sensory capability, and perceived enjoyment influenced smartphone usage. Second, we found that both perceived usefulness and smartphone use were significantly associated with users' intention to utilize the smartphone for their job-related tasks. Finally, both perceived sensory capability and enjoyment were found to be more powerful factors than ease of use in explaining smartphone use. From the study findings, implications and future research directions are also discussed.

A Review of U.S. Renewable Energy Expansion and Support Policies (미국의 재생 에너지 확대 및 지원정책 연구)

  • Kim, Chu
    • Land and Housing Review
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    • v.9 no.2
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    • pp.41-50
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    • 2018
  • The purpose of this study is to review the U.S. renewable energy policies implemented by the federal government and the state governments to investigate potential barriers of renewable energy expansion and to develop policy implications for the successful renewable energy policy making in Korea. Recently, the restructuring in the energy supply chain has been being a new trend in many countries that shows a transition from traditional fossil fuels to sustainable renewable energy sources. The United States has enforced effective renewable energy policies (i.e., regulatory policies, financial incentives), which have led to the exploding growth of renewable energy facilities and productions over the last ten years. For example, many state governments in the U.S. are implementing Renewable Portfolio Standard (RPS) policies that require increased energy supply from renewable energy sources (i.e., solar, wind and geothermal). These RPS policies are expected to account for at least 10-50 percent of total electricity production in the next fifteen years. As part of results, in the recent three years, renewable energy in the U.S provided over 50 percent of total new power generation constructions. On the other hand, Korea initiated to develop climate change policies in 2008 for the Green Growth Policy that set up a target reduction of national Greenhouse Gas (GHG) emissions up to 37 percent by 2025. However, statistical data for accumulated renewable energy capacity refer that Korea is still in its early stage that contribute to only 7 percent of the total electricity production capacity and of which hydroelectric power occupied most of the production. Thus, new administration in Korea announced a new renewable energy policy (Renewable Energy 3020 Plan) in 2017 that will require over 95 percent of the total new generations as renewable energy facilities to achieve up to 20 percent of the total electricity production from renewable energy sources by 2030. However, to date, there have not been enough studies to figure out the barriers of the current policy environment and to develop implications about renewable energy policies to support the government plan in Korea. Therefore, this study reviewed the U.S. renewable energy policies compared with Korean policies that could show model cases to introduce related policies and to develop improved incentives to rapidly spread out renewable energy facilities in Korea.

A Policy Implication of Urban Logistics in the Incheon Metropolitan City (인천광역시 도시물류기본계획 수립을 위한 정책방향)

  • Chung, Tae-Won;Lee, Choong-Hyo
    • Journal of Korea Port Economic Association
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    • v.27 no.3
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    • pp.147-159
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    • 2011
  • The purpose of the study is to propose a policy implication of urban logistics in the Incheon metropolitan city. To attain the aim, it reviews new characteristics that Logistics Policy Fundamental Law(LPFL) published by government 2009 suggests and studies the previous papers like Logistic Fundamental Plan(LFP) of other metropolitan cities. After that it proposes a policy implication through benchmarking of urban logistics plan at Tokyo city not only located at a capital area at Japan but also including port and airport. The results are as follows. Firstly, field survey studies of the "LFP" every five years will need to keep pace with "Urban Fundamental Plan"(UFP) having designed to all cities legally every ten years. Secondly, Incheon will be required to create value-added logistics, making best use of third-party logistic companies to small-medium sized businesses along with the age of green. Thirdly, LFP needs to be performed through a mutual cooperation and adjustment among Incheon, Gyeonggi-do and Seoul and in this regions eco-friendly companies performing related logistic activities have to be followed executive and financial supports. Lastly, it will be obliged to develop a evaluation management index to understand the advancement level through a feedback system.

The Characteristics of Sustainable University Campus Policy, Plan and it's Architectural Application -Focused on UBC Campus Policy, Plan and CIRS Building- (지속가능한 대학 캠퍼스정책 및 플랜과 건축의 적용 특성 -UBC의 캠퍼스플랜과 CIRS 건물을 중심으로-)

  • Choi, Soon-Sub;Oh, JoonGul
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.12
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    • pp.731-741
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    • 2020
  • University campus plans include urban and spatial values and identities that they emphasize. The purpose of this study is to analyze sustainable campus policy, space, and the application to architectural planning, which UBC in Canada pursues independently from a Green Campus Certificate System. Sustainable directions and architectural components are deduced. The results are as follows: 1) the correspondence between the campus plan's goal and architectural implementation is the most important. Thus, the university must build a system for the plan's goal and a strategy to make a sustainable campus. 2) A guideline and system are requested to make many experts in various fields and stakeholders participate in the initial stage through "Design Charrette." 3) A system of virtuous circulation must be built so that feedback can be applied through the real-time comparison and verification of building energy consumption. Another goal of this study is emphasizing the necessity of campus policy and plans based on the "Living Laboratory" concept to make a sustainable city. This study could be meaningful because it supports a basis for triggering the establishment of goals for a sustainable plan and implementation in Korean universities.

An Analysis of the Effects of Fine Dust Reduction Policies on PM10 Concentration and Health Using System Dynamics (시스템다이내믹스를 활용한 미세먼지 저감 정책이 미세먼지 농도와 건강에 미치는 영향 분석)

  • Seho Lee;Jung Eun Kang;Ji-Yoon Lee;Minyeong Park;Ji Yoon Choi
    • Journal of Environmental Impact Assessment
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    • v.32 no.5
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    • pp.318-337
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    • 2023
  • This study utilizes system dynamics to examine the effects of fine dust reduction policies on PM10 concentration and health. System dynamics has the advantage of modeling the dynamic and circular relationship between PM10 emission sources, reduction policies, PM10 concentration, and health effect. The study created policy scenarios for Korea's representative fine dust reduction policies - industrial PM10 emission control, diesel vehicle regulation, expansion of electric vehicles, and expansion of parks and green areas - and compared the results with the 2030 baseline if the current trend is maintained. The analysis showed that the policy of supporting electric vehicles reduced PM10 concentration by 0.21 ㎍/m3 and reduced the number of people with circulatory diseases by 494, and the effect was evenly distributed across the country. The industrial emissions regulation scenario resulted in the highest PM10 concentration reduction of 0.22 ㎍/m3, but had a lower reduction in the number of people affected (358) than the EV support strategy, which could be attributed to the fact that this policy had a particularly high PM10 reduction effect in industrial areas such as Danyang-gun, Chungcheongbuk-do, and Sahagu, Busan. As a policy implication, this study suggests that it is necessary to apply fine dust policies tailored to the characteristics of local emission sources.

Design and Management Direction of Smart Park for Smart Green City (스마트 그린시티 구현을 위한 스마트 공원 설계·관리 방향)

  • Kim, Yong-Gook;Song, Yu-Mi;Cho, Sang-kyu
    • Journal of the Korean Institute of Landscape Architecture
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    • v.48 no.6
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    • pp.1-15
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    • 2020
  • The purpose of this study is to propose a direction for designing and managing a smart park for realizing a smart green city and to present measures in the landscape field to foster related industries. The research process is as follows. First, the concept of a smart park was operationally defined through a literature review, and three principles to be considered in the process of creation and management were established. Second, in terms of the three principles, problems and implications for improvement were derived through an analysis of established cases of smart parks in new and pre-existing cities. Third, a pool of designs and management standards for each spatial component of a smart park was prepared through literature and case studies, and then further refined through brainstorming with experts in related fields. Fourth, measures were suggested to the government, local governments, and the landscape field to promote smart park creation and management. The main findings are as follows. First, the concept of a smart park is defined as "a park that contributes to securing the social, economic, and environmental sustainability of cities and local communities by supporting citizens' safe and pleasant use of parks and improving the management and operational efficiency by utilizing the digital, environment, and material technologies." Second, the three principles of smart parks are to improve the intrinsic value of parks, to improve the innovative functions of parks to solve urban problems, and to make the design, construction, and management process smart. Third, improvement implications were derived through the analysis of cases of smart parks creation in new and pre-existing cities. Fourth, the directions for smart park design and management were suggested in five aspects: green area, hydroponic facility area, road and plaza area, landscape facilities area, and park design method. Fifth, as for policy implications for revitalizing the construction and management of smart parks, the development of smart park policy business models by city growth stage, and park type, the promotion of pilot projects, the promotion of smart park projects in connection with the Korean New Deal policy, and smart park policies led by landscape experts were presented.

The Influence of Brand Reputation and Chronic Regulatory Focus on the Non-similar Brand Extension (브랜드명성과 성향조절초점이 비유사 브랜드확장에 미치는 영향)

  • Kwon, Hyeok-Yoon;Kim, Sang-Dae
    • Journal of Digital Convergence
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    • v.11 no.2
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    • pp.167-174
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    • 2013
  • In this study, we intended to show the interaction effect between brand reputation and chronic regulatory focus, and intended to show mederatory effect as an interaction as well as the main effect of two variable. To this end, Pulmuone(a high level of brand reputation) and Green(a low level of brand reputation) as parent brand and cosmetics as extention product were selected. The results of the study are as follows: The first, on brand extension evaluation, a high level of brand reputation was more positive than a low level of brand reputation. The second, brand extension evaluation was mere positive in the promotion focus group than in the prevention focus group. The third, In case of high level of brand reputation, there was no significant differences between the prevention focus group and the promotion focus group in brand extension evaluation. On the other hand, low level of brand reputation, there was significant differences between two variables. Therefore, we found the interaction effect between promotion focus group and prevention focus group.