EXCHANGE Volume 02, No. 1, 2024, pp. 98-102
The Impact of Starting a Housing Subsidy Program for Low-Income Households on Achieving Carbon Neutrality in South Korea
Abstract: Carbon neutral building, a building that is designed, constructed, and operated to produce zero net carbon emissions over its lifetime. The goal of carbon neutral buildings is to reduce the negative impact of buildings on the environment and to mitigate climate change. In order to promote the achievement of carbon neutrality goals by building carbon neutrality buildings, South Korea employs the Green Standard for Energy and Environmental Design (G-SEED) and designed Green Building Certification System (GBCS) to evaluate environmental performance of buildings and promote the dissemination of green buildings. However, low-income households are particularly vulnerable to the impacts of climate change and face challenges in accessing affordable, energy-efficient housing. A housing subsidy program for low-income households can help address these challenges and contribute to achieving carbon neutrality. Measures such as allocating more funds, establishing clear eligibility criteria, monitoring and evaluating the program, and promoting the benefits of sustainable living to the public can help achieve carbon neutrality goals in South Korea.
Keywords: Housing subsidy; carbon neutral buildings; carbon neutrality; policy recommendations.