@article{ART001822534},
author={Mihong Lee and 윤인숙 and Kim, Sun-Woo},
title={A Study on Diversification of Financing for the Green City},
journal={Korean Society and Public Administration},
issn={1225-8652},
year={2013},
volume={24},
number={3},
pages={313-341}
TY - JOUR
AU - Mihong Lee
AU - 윤인숙
AU - Kim, Sun-Woo
TI - A Study on Diversification of Financing for the Green City
JO - Korean Society and Public Administration
PY - 2013
VL - 24
IS - 3
PB - Seoul Association For Public Administration
SP - 313
EP - 341
SN - 1225-8652
AB - The objective of this study is to analyze the current state of public finance for the construction of ‘green cities’ and to explore diverse financing methods. First, we selected legal baseline standards for the construction of green cities, and calculated the additional costs according to the green space planning elements of Dongtan-2 new city and Asan Tangjeong new town. These costs were calculated to be KRW 273 billion for Dongtan-2 and approximately KRW 7 billion for Asan Tangjeong. Second, we collected and analyzed the budget bills of central government relating to the construction of green cities and found that KRW 7,500 billion was spent in 2011 and KRW 5,400 billion in 2012. As a proportion of the total budget this amounts to 2.4% for 2011 and 1.7% for 2012, and it amounts to 31% of the social overhead capital budget for 2011 and 25% for 2012. Finally, it is recommended that the government devise new financing methods including the establishment of a new green city fund, reintroduction of a transportation allowance, retention of the carbon tax, and utilization of tax increment finance.
KW - Green city;Climate change;Financing methods;Carbon tax;Tax increment finance
DO -
UR -
ER -
Mihong Lee, 윤인숙 and Kim, Sun-Woo. (2013). A Study on Diversification of Financing for the Green City. Korean Society and Public Administration, 24(3), 313-341.
Mihong Lee, 윤인숙 and Kim, Sun-Woo. 2013, "A Study on Diversification of Financing for the Green City", Korean Society and Public Administration, vol.24, no.3 pp.313-341.
Mihong Lee, 윤인숙, Kim, Sun-Woo "A Study on Diversification of Financing for the Green City" Korean Society and Public Administration 24.3 pp.313-341 (2013) : 313.
Mihong Lee, 윤인숙, Kim, Sun-Woo. A Study on Diversification of Financing for the Green City. 2013; 24(3), 313-341.
Mihong Lee, 윤인숙 and Kim, Sun-Woo. "A Study on Diversification of Financing for the Green City" Korean Society and Public Administration 24, no.3 (2013) : 313-341.
Mihong Lee; 윤인숙; Kim, Sun-Woo. A Study on Diversification of Financing for the Green City. Korean Society and Public Administration, 24(3), 313-341.
Mihong Lee; 윤인숙; Kim, Sun-Woo. A Study on Diversification of Financing for the Green City. Korean Society and Public Administration. 2013; 24(3) 313-341.
Mihong Lee, 윤인숙, Kim, Sun-Woo. A Study on Diversification of Financing for the Green City. 2013; 24(3), 313-341.
Mihong Lee, 윤인숙 and Kim, Sun-Woo. "A Study on Diversification of Financing for the Green City" Korean Society and Public Administration 24, no.3 (2013) : 313-341.
