The report, building on a policy dialogue with a range of stakeholders in Korea, analyses how economic policy instruments under the responsibility of the Korean Ministry of Land, Infrastructure and Transport can be adjusted to contribute to water policy objectives. It also investigates how Smart Water Management Korea, an initiative by K-water that combines information and communication technology with water technology, can be harnessed to better contribute to water management in the country. Finally, it identifies some of the limitations of prevalent water allocation regimes which need to be addressed to make the best use of available water resources.
Since 1965, the Korean Government has invested heavily in quantitative development strategies to meet water needs, and despite highly variable water availability, this has allowed for and facilitated rapid urbanisation and economic growth. However, several long-term trends are expected to affect the capacity of the current water management system to adequately respond to current and future water risks, such as rapid ageing of the population, fiscal consolidation and climate change. These call for a renewed emphasis on water use efficiency.
Korea has been at the forefront of green growth initiatives. The National Strategy for Green Growth (2009-2050) and the Five-Year Plan (2009-2013) of Korea provide a comprehensive policy framework for green growth in both the short and long term.
Report finds that some Korean policies, such as urban regeneration, new town development or multi-modal transferring centres, have implicitly implemented compact city polices to a certain degree. However, there are still issues - including urban sprawl, unbalanced socio-economic levels and environmental challenges - which can be threats to urban competitiveness.
This report examines Korea's urban policies and offers customised policy recommendations based on the OECD publication, Compact City Policies (2012). Some Korean policies, such as urban regeneration, new town development or multi-modal transfering centers, have implicitly implemented compact city polices to a certain degree. However, there are still issues - including urban sprawl, unbalanced socio-economic levels and environmental challenges - which can be threats to urban competitiveness. An appropriate set of compact city polices, such as environmental friendly urban regeneration, mixed land use, polices to offset the side effects of compact development, strong management of transport demands, and governance enforcement, can accelerate Korean cities' sustainable development.
Putting “Green” at the core of a country’s “Growth” strategy is intelligent public policy at its best! Korea understands that there is no trade-off between green and growth. Much to the contrary: there are strong synergies that can be exploited between pro-growth and pro-green policies.
"The success of green growth will depend on whether it is a shared global agenda. Many developing countries are not yet fully equipped to introduce new ‘greener’ policies and tap into the benefits of a green future", declared Mr Gurría at the Global Green Growth Summit.
Le Sommet du G20 à Séoul, les 11-12 Novembre 2010, a prolongé les discussions des précédents Sommets sur des thèmes clés tels que - le développement, le commerce mondial, une croissance équilibrée, la réforme du secteur financier, l'emploi et les politiques sociales, la fiscalité et la lutte contre la corruption.
Workshop on Green Growth Strategy: OECD Green Growth Strategy from the Perspective of Developing Countries, organised in Seoul, 28 October 2010.