Solutions For Our Climate

Overall description of the stakeholder

Solutions for Our Climate (SFOC) is a nonprofit organization founded in Korea in 2016 to suggest more effective climate change and air pollution policies. SFOC is run by experts of law, economy, and finance with concurrent expertise in energy and environment policies, and participates in the Carbon Pricing Leadership Coalition (CPLC) led by the World Bank Group.

 

Activities in the field of climate action

  • Charging costs on air pollutions

– Calling for adoption of emission trading scheme for air pollution or calling for internalization of external effects of environmental pollution through cost-charging such as taxes

 

  • Overseeing coal power financing

– Suggesting institutional improvement aimed at restricting coal power financing at home and abroad by Korean public financial institutions

 

  • National greenhouse gas policy monitoring

– Suggesting ideas on the establishment of more aggressive greenhouse gas emissions reduction targets and greenhouse gas mitigation policies

 

  • Improvement of emission trading scheme

– Monitoring Korea’s emission trading scheme to ensure a proper, effective carbon pricing

Stakeholder needs

  • Air pollution and climate change policy monitoring
  • Emission trading scheme improvement
  • Energy governance improvement
  • Overseeing coal power financing

Stakeholder contributions

  • Air pollution and climate change policy monitoring
  • Emission trading scheme improvement
  • Energy governance improvement
  • Overseeing coal power financing
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