Institutionalization of the green certification scheme
Professor Kim Hong-bae (Department of Urban Planning & Engineering)
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Professor Kim Hong-bae of the Department of Urban Planning & Engineering is an expert in the field of urban planning. His paper, “A cost-benefit analysis for the institutionalization of the green certification scheme”, discusses about what would be beneficial when it comes to achieving the green certification. Green certification is the standardized certificate used to prove the suitability of Green technology and products.
As for other developed countries, there has been green certifications since the 1990s following the concerns of environmental pollution. For instance, Great Britain has the BREEAM, Japan has CASBEE and United States has the LEED. These institutionalized green certificates are competing to become the world standard. Although Korea now has GBCC, it is not institutionally stabilized compared to other countries yet. Other countries provide the green certification in terms of community, rather than single building itself while Korea is on its way to broadening its spectrum towards giving communities the green certification.
What is so special about Kim’s paper was that it has provided a deep insight into whether green certification was something that really provides people with benefits in life or not. Through the cost benefit analysis, he has provided the guidelines to how the system would be generally constructed. By providing low carbonizing 45 sectors ranging from industry to policies, Kim has divided the qualification standard and it has its meanings in that social costs and benefits are derived.
Most of the standards are very straightforward. However, there are some of the ambiguous points to be digitized into measurements which include pride or self-esteem. Most of the measurements are easier to make for instance, the market value of the house that individuals live in. However, it is hard to show the pride in terms of numerical values to be seen. This is where the contingent valuation method (CVM) comes into action. This explains the “willingness to pay” and digitizes the inherent value inside individuals.
Some of the studies that Kim is engaged in currently is related to energy harvesting. By recycling the energy wasted into creating a new source of energy, it has its huge meanings. Also, Kim has pointed out a special point in that electric cars do not actually lower the carbon dioxide level nationally. “Although in regions where electric cars operate will show lower signs of carbon dioxide level, the regions where electricity is produced will show greater levels of carbon dioxide which means that nationally, it breaks even,” said Kim.
The goal of Kim’s studies leads to one simple logic. In order to achieve low carbon, low energy comes first. The responsibility to saving energy would lead to a lower level of carbon dioxide, which is believed to be one of the worst factors that affect global warming. People need to actively engage in actions such as car sharing or even the smallest actions such as saving water, electricity and the environment as a whole.
Kim Seung-jun email@example.com
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