Between 2013 and 2023, carbon dioxide emissions in South Korea showed a varied trend, reaching 597.46 million metric tons in 2023. Examining year-on-year changes, emissions varied with peaks in 2015 (3.44%) and 2018 (1.88%), and declines in 2019 (-3.34%) and 2020 (-2.56%). From 2021, emissions slightly increased with a 1.5% rise in 2023. The last five-year CAGR averaged a –0.28% decrease, reflecting near-stagnant emissions levels from 2018 to 2023. Forecasts for 2024 onward predict a continued gradual rise, anticipating a 5.71% increase by 2028, with a 1.12% forecasted 5-year CAGR, suggesting resumption of emission growth.
Future trends to watch for:
• Monitoring policy shifts and energy transitions, targeting renewable energy.
• Technological advancements in emissions reduction and carbon capture.
• Economic recovery and industrial growth impacts on emission levels.
• International agreements and South Korea's commitments to global climate goals.
