The UN Framework Convention on Climate Change aims to stabilize greenhouse gas concentrations in the atmosphere at a level that will prevent dangerous human interference with the climate system. The Republic of Korea joined the Convention in December 1993.
The Kyoto Protocol places heavier burden for developed countries under the principle of “common but differentiated responsibilities,” recognizing that they are responsible for high level of GHG emissions in the atmosphere due to the industrialization activities.
The Republic of Korea signed the Paris Agreement on 22 April 2016, and ratified it on 3 November 2016. The Agreement entered into force 4 November 2016, thirty days after 155 countries have deposited their instruments of ratification. The Paris Agreement aims to hold the increase in the global average temperature to well below 2℃ above pre-industrial levels and pursue efforts to limit the temperature increase to 1.5℃ above pre-industrial levels.
At UNFCCC COP22 held in 2016 in Marrakesh, the main agenda items for the forestry field were on accounting for emission reductions based on the Paris Agreement and the Internationally Transferred Mitigation Outcomes (ITMOs). Following the decisions on these two agenda items, the amount of carbon storage in Korea’s forests and that from the overseas REDD+ programmes will contribute to meeting Korea’s NDC in the future, therefore Korea needs to engage in those discussions.