In August 2009, Executive Director of the United Nations Environment Program (UNEP) Achim Steiner said he hoped Korea would become the first green tiger in the world. That remark came after the UNEP's evaluation report that highly praised Korea's leadership in diverting national growth from a quantitative to a qualitative paradigm.
Since Korean President Lee Myung-bak proclaimed the new national vision of "low carbon & green growth" on the Aug. 15 anniversary of National Liberation Day in 2008, awareness of eco-friendly growth among the public has grown and related laws and regulations have been reshaped.
The aforementioned remarks by the UNEP seem to well reflect such efforts made by the Korean government and its people.
Korea has grabbed the international spotlight by moving forward as an IT powerhouse and if it gains a further reputation as a "green tiger," the country will once again become a role model in the international community.
The Korean government has not only established the Presidential Committee on Green Growth, following President Lee's ”green” proclamation, but has also legislated the "low carbon & green growth basic law" in a bid to prepare for mid- and long-term development policies.
The green technology market in Korea is expected to earn US$230 billion worth of profits by 2020 after growing 13.2 percent every year, while the international market will grow to $5.6 trillion in profits by 2020.
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