Overview

The "2050 Climate Neutrality Roadmap for Korea: K-Map Scenario" released in February 2022 laid out a more detailed and ambitious sectoral roadmap for Korea's climate neutrality than the government's proposal. This report covers details for the industrial sector only and provides an excellent source of reference for researchers and stakeholders who are interested in finding the optimal pathways for decarbonizing Korea's industrial sector.

Executive Summary

Summary 

The "2050 Climate Neutrality Roadmap for Korea: K-Map Scenario" (joint research by Green Energy Strategy Institute, Institute for Green Transformation and Germany's Agora Energiewende) released in February 2022 laid out a more detailed and ambitious sectoral roadmap for Korea's climate neutrality than the government's proposal. This report covers details for the industrial sector only and provides an excellent source of reference for researchers and stakeholders who are interested in finding the optimal pathways for decarbonizing Korea's industrial sector.


Table of Contents

Introduction

Emissions by Industrial Sector

Proposed Carbon Neutrality Scenario for the Industrial Sector

Key Strategies in the K-Map Scenario for the Industrial Sector

Recommended Scenario for the Industrial Sector

Differences from the Government’s Proposal

Sub-sectoral Analysis

Calculated Investment Scale for Carbon Neutrality in the Industry Sector

Policy Suggestions for Carbon Neutral Industrial Sector

Policy to support the adoption of low carbon processes/technologies

Policy to expand the use of hydrogen

Conclusion

Appendix. Methodology

1. Model Settings and Assumptions

2. Assumptions for Cost Analysis

References

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