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What We Do

We will realize the people's dreams, The safest sea routes in the world

Emission Reduction Business (External)

What is the Emission Reduction Business (External)?

A project to reduce, absorb or eliminate emission from discharge facilities or activities outside the boundaries of entities designated for Emission Trading Scheme allocation to levels that comply with international standards.

What is the Greenhouse Gases Emission Trading Offset?
A system where external businesses sell KOC(Korean Offset Credit) issued through external projects to entities designated for Emission Trading Scheme, and the entities transition the KOC purchased into KCU(Korean Credit Units) so they can be offset or traded within the Emission Trading Scheme.

Ship emission reduction business (external)

KOMSA's role

Key tasks
  • (Develop methodology) There is a need to develop effective methodology, and consigned institutions(KOMSA) pursues methodology development·authority registration & consults methodology development of external businesses to activate external business
  • (Assess external business rationale) Confirm adequacy of applied methodology, adequacy of emission calculation method, and redundant registration with other external businesses, etc.

    * Guideline for external business rationale assessment & reduction certification, Article 13

  • (Certify emission reduction) Confirm calculation of reduction according to methodology