South Korea's production-based CO2 emissions stood at 584.82 million metric tons in 2023, slightly increased by 0.59% from 2022. Historical data showcases a mixed trend with fluctuations: a significant drop in 2020 by 6.88% followed by a recovery thereafter. The overall 5-year CAGR until 2023 stands at -0.69%, indicating a minor declining trend. Forecasts predict a gradual increase in emissions, reaching 599.22 million metric tons by 2028, with a projected 5-year CAGR of 0.38%.
Future trends to watch for include:
- Implementation and impact of South Korea's carbon neutrality policies.
- Technological advancements in renewable energy.
- Changes in industrial production and energy consumption patterns.
