THE 7TH POLICY CONSULTATION FORUM OF THE SEOUL INITIATIVE NETWORK ON GREEN GROWTH
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THE 7TH POLICY CONSULTATION FORUM OF

THE SEOUL INITIATIVE NETWORK ON GREEN GROWTH

30th May - 1st June 2012    

The 7thpolicy consultation forum of the Seoul Initiatives Network on Green Growth under the title of Double Dividend of “Green” and “Economy” took place in Jeju Special Self-Governing Province of the Republic of Korea on 30 May to 1 June 2012.

The Ministry of Environment of the Republic Korea and UNESCAP have been holding policy consultation forums every year to promote Green Growth as a political strategy for member counties.

At this time, over 100 people include 31 delegates from 18 countries in Asia and the Pacific came to Jeju Island to share their vision and discuss about 'Green Economy' to promote Green Growth and Sustainable Development in the region.

In a opening statement, Ms. Yoo Young-sook, Minister, Ministry of Environment, Republic of Korea, mentioned “a transition toward green economy or green growth is the right trajectory that humanity should take" and "Green economy or green growth is the only solution in the era of environmental challenges represented by climate change and biodiversity loss"

In following welcome remarks, Mr. Rae Kwon Chung, Director of the Environment and Development Division in ESCAP, explained the meaning of 'Ecological Tax Reform', which is a major agenda of the Policy Forum, and emphasized it as a solution for the problem we are currently facing.

Ecological Tax Reform(ETR) is shifting tax base from income (good) to carbon (bad) without increasing tax burden to internalizing ecological price into market price. It is believed to achieve economic growth and environmental capacity at the same time through improving ecological efficiency.

The first day of forum mainly focused on Low Carbon Green Growth Strategies and implementation of its Roadmap for Asia and the Pacific region changing by institutional framework and reforming current financial policy. Changing current unsustainable economic system is essential to transform new low carbon green growth and it will be a new economic development path for the region. The “visible structure” of the economy, comprising such physical infrastructure as transport, buildings and energy systems, together with the “invisible structure”, which encompasses market prices, governance, regulations and lifestyles were discussed. “Low Carbon Green Growth Roadmap for Asia and the Pacific: Turning resource constraints and the climate crisis into economic growth opportunities” published by ESCAP was briefly introduced during the first session. Director Rae Kwon Chung said this roadmap explores the opportunities that a low carbon green growth path offers to the region.     

Environmental industry development for green economy and green growth and related technologies such as water treatment technology, waste management and resource recirculation was presented and discussed during the second day.

In particular, Korea's total waste management system called 'Allbaro' was interested by many participants. The 'Allbaro' is total waste management system which was developed based on information technology and enables the transparent, real-time management of the entire life cycle of waste from discharge to transportation and treatment.

The 7th Policy Forum, took place ahead of United Nations Conference on Sustainable Development(Rio+20), provided an important opportunities exchanging information, sharing best practices, engaging regional cooperation among the member countries to achieve sustainable development and poverty eradication.

Through 3 days forum, member states have made a consensus on importance of promoting and developing environmental industry and green technologies because it will play a critical role for future economic development as well as sustainable environment therefore SINGG's role is going to be more important as a think tank of the region.

Participants expressed their appreciation for its contribution to promote Green Growth in Asia and the Pacific and they expected that the consultation forum could take place in other countries of the region in the future to have more opportunities to see and share the best practice with their own know-how for achieving Green Growth to the country.

In the last day of forum, Jeju Smart Grid Experience Center run by Korea Electric Power Corporation was visited where people can experience the concept of Smart Grid and Jeju Test-bed through models and images. Participants had the opportunities to try energy production, application, storage and donation with recycling stick provided and explored the future in year 2030 after deployment of Smart Grid.