Ministry of Environment
South Korea's central Ministry of Climate, Energy and Environment regulates industrial emissions, electricity tariffs, and waste management, operating K-ETS, chemical-recycling programs, and EV-incentive schemes for industrial users, manufacturers, and citizens nationwide.
- Company typePublic
- Founded1994
- HeadquartersSejung, South Korea
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Ministry of Environment does
Ministry of Environment is South Korea's central government ministry (formal title referenced in disclosures: Ministry of Climate, Energy and Environment) responsible for protecting the national territory from environmental pollution, headquartered in Sejong City and operating with 1,001–5,000 employees. Its mandate spans industrial electricity tariff setting, the K-ETS emissions trading system, chemical-recycling policy, electric-vehicle adoption incentives, and environmental clearance issuance.
The Ministry's technology and program stack includes a pyrolysis-based chemical-recycling system that converts contaminated polystyrene instant-noodle cups into naphtha feedstock (15.8 tons processed in regional trials), a seasonal time-of-use electricity pricing mechanism that shifts demand into midday solar generation, a vehicle-replacement incentive program paying citizens to scrap combustion vehicles, a 500bn won supplementary budget plus 1.1tn won annual renewable-energy support envelope, and a 60% electric-conversion target for new delivery two-wheelers by 2035. Distribution is executed directly through regulatory frameworks, environmental clearance processing (up to 20-year validity), the Extended Producer Responsibility subsidy system, and direct incentive payments.
Revenue mechanics are non-commercial: the Ministry is funded by state-allocated budgets, with a KRW-denominated renewable support envelope of approximately 1.1 trillion won annually and supplementary allocations of 500 billion won. Customer-facing segments are de facto constituencies — high-power industrial consumers (AI data centers, semiconductor clusters, EV charging), Korean industrial manufacturers facing 181 won/kWh rates vs. 120 won/kWh in China/US, electronics manufacturers needing rare-earth recycling pathways, and vehicle owners targeted by replacement subsidies.
Ministry of Environment firmographics
Firmographics- Name
- Ministry of Environment
- Legal name
- Ministry of Environment
- Website
- https://me.go.kr
- Company type
- Public
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- South Korea's central Ministry of Climate, Energy and Environment regulates industrial emissions, electricity tariffs, and waste management, operating K-ETS, chemical-recycling programs, and EV-incentive schemes for industrial users, manufacturers, and citizens nationwide.
- Ownership category
- akta.pro rank
Ministry of Environment industry classification
Industry- Product category
- Government Environmental and Climate Policy
- NAICS
- Administration of Environmental Quality Programs (9241), Administration of Air and Water Resource and Solid Waste Management Programs (92411), Regulation and Administration of Communications, Electric, Gas, and Other Utilities (926130)
- SIC
- Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Environmental Policy, Planning & Regulation (BPAIAMAA)
- akta.pro secondary industries
- State/Provincial Environmental Protection & Natural Resources Administration (BPAIABAL), Greenhouse Gas (GHG) & Climate Regulatory Compliance (Mandatory Reporting, Cap-and-Trade Compliance) (EUAHABAG), Energy, Utilities & Natural Resources Regulators (BPAIAOAJ)
Keywords
Where Ministry of Environment is headquartered
LocationHeadquarters
- HQ city
- Sejung
- HQ country
- South Korea
- HQ region
- Asia
Markets served
Ministry of Environment business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Industrial electricity rate of 181 won per kWh |
| Usage-based | Pay-as-you-go | Time-of-Use pricing with seasonal variation |
| Other | One time/ perpetual license | Electric vehicle replacement incentives |
Distribution channels4 records
Marketing channels3 records
Ministry of Environment product offering
Product offeringCore offering
The Ministry of Environment (operating as Korea's Ministry of Climate, Energy and Environment) is a central government ministry that develops and implements national environmental, climate, and energy policy. It regulates emissions through the K-ETS emissions trading system, sets industrial electricity rates, manages environmental clearance frameworks, and administers recycling, renewable energy, and electric vehicle adoption programs.
Differentiator
Problem solved
Functional benefit
Products and services
- K-ETS Emissions Trading System
- Environmental Clearance Framework
- Pyrolysis Chemical Recycling Program
- Electric Vehicle Replacement Incentive Program
- Solar Income Village Programme
- Seasonal Time-of-Use Electricity Pricing System
- Rare Earth Magnet Recycling Regulatory Sandbox
- Bottled Water Plastic Label Ban
- Environmental Impact Assessment (EIA) Process
Quantifiable outcome
- Achieve 30% renewable power by 2035
- +5 more outcomes
Companies that use Ministry of Environment
Customer profileSegments5 records
Ideal customer profiles5 records
Ministry of Environment technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Ministry of Environment partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core, major and minor.
- Wildlife Institute of IndiacoreIndia's first satellite-tagged Ganges softshell turtle released in Kaziranga National Park as part of WII-led research initiative to understand seasonal movement patterns and identify critical nesting habitats.
- UNIDOmajorEU-funded €7.56 million initiative to develop Net-Zero Roadmap for Sri Lanka's textile and apparel sector, implemented by UNIDO in partnership with three Sri Lankan ministries.
- Federal Ministry of Environment (Nigeria)minorZIRCONEX Mining and Metal Laboratory partnering with Nigerian Geological Society, Institute of Public Analysts, and Federal Ministry of Environment to enhance laboratory operations and ensure compliance with standards.
- Delivery Industry StakeholdersmajorMinistry of Environment signed MOU with delivery industry stakeholders to convert more than 60% of new delivery two-wheeled vehicles to electric by 2035, addressing motorcycle noise complaints and emissions.
- Korea Exchange (KRX)coreKorean Ministry of Climate, Energy and Environment and Korea Exchange (KRX) are signing a memorandum of understanding with the Greenhouse Gas Inventory and Research Center and Koscom to develop IT infrastructure for an emissions allowance futures market. The futures market aims to help Korean companies hedge against long-term price volatility risks in the K-ETS, following the EU model. The four institutions will cooperate on system integration, human and physical resources for futures trading operations, and information sharing.
- Greenhouse Gas Inventory and Research CentercoreFour-institution cooperation including the ministry, KRX, Greenhouse Gas Inventory and Research Center, and Koscom to develop K-ETS futures market infrastructure, focusing on system integration and information sharing.
- KoscomcoreIT infrastructure development partner for emissions allowance futures market, working with ministry and KRX on system integration and futures trading operations.
- LG ElectronicsmajorLG Electronics selected as pilot operator for a two-year regulatory sandbox project to extract and recycle rare earth magnets from discarded home appliances without requiring local government approval, addressing South Korea's complete dependence on imported rare earths.
- Wildlife Institute of IndiacoreSatellite tagging project for Amur Falcon tracking funded by Ministry of Environment, jointly initiated with Wildlife Institute of India at Chiuluan stopover site in Tamenglong district.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
Ministry of Environment competitors and assessment
Company assessmentDirect peers
- Ministry of Ecology and Environment of China: China's national environmental ministry responsible for pollution control, emissions trading, and ecological protection. Most directly comparable peer given similar East Asian industrial context, ETS operations, and shared air quality and recycling priorities.
- Federal Ministry of Environment (Nigeria): Nigeria's federal environment ministry referenced in the ministry's own partnership activity. Comparable as a national environmental ministry with regulatory and international cooperation functions.
- India Ministry of Environment, Forest and Climate Change: India's national ministry covering environment, forestry, and climate change with regulatory and program authority. Comparable as a national environmental ministry with wildlife, climate, and industrial pollution portfolios.
- Japan Ministry of the Environment: Japan's national environmental ministry handling climate, waste recycling, and pollution control. Closely comparable peer across plastics recycling, vehicle electrification, and ETS-style policy design in an advanced East Asian economy.
Broad incumbents
- UN Environment Programme (UNEP): United Nations system-wide environmental authority setting global norms and coordinating national action. Comparable as the apex international environmental body; not a national regulator but the closest international counterpart for cross-border cooperation the ministry engages in.
- European Environment Agency (EEA): EU-level environmental information and policy-support agency. Comparable as a regional environmental authority influencing emissions trading and circular economy policy; broader geographic scope but similar regulatory knowledge function.
- United States Environmental Protection Agency (EPA): Federal-level environmental regulator with broad authority over air, water, and waste programs. Directly comparable as the most established national environmental protection agency; differs only in scale and federal system structure.
Others
- UNIDO: UN agency implementing the €7.56M EU-funded net-zero roadmap for Sri Lanka with ministry participation. Comparable as an enabling international partner on industrial decarbonization rather than a direct environmental regulator.
- Korea Exchange (KRX): Strategic partner for the K-ETS emissions allowance futures market. Listed because the KRX-MOE partnership is a defining commercial-adjacent relationship, though KRX is an exchange rather than an environmental peer.
Regional players
- UK Environment Agency: UK regulator for environment and business with pollution control, waste, and water functions. Comparable in regulatory scope over emissions, waste, and water but operates within UK jurisdiction rather than Korea's national policy-making role.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key highlights7 records
Customer concentration
Ministry of Environment social profiles
Digital presenceMinistry of Environment financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ministry of Environment leadership team
Management profileNumber of profiles
Profiles1 record
Ministry of Environment funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ministry of Environment M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ministry of Environment
What does Ministry of Environment do?
The Ministry of Environment (operating as Korea's Ministry of Climate, Energy and Environment) is a central government ministry that develops and implements national environmental, climate, and energy policy. It regulates emissions through the K-ETS emissions trading system, sets industrial electricity rates, manages environmental clearance frameworks, and administers recycling, renewable energy, and electric vehicle adoption programs.
Is Ministry of Environment a public or private company?
Ministry of Environment is a public company. It is classified as state government owned and is currently operating.
When was Ministry of Environment founded?
Ministry of Environment was founded in 1994. It employs 1,001 to 5,000 people.
Where is Ministry of Environment based?
Ministry of Environment is headquartered in Sejung, South Korea, in the Asia region.
Who are Ministry of Environment's main competitors?
Direct peers on record are Ministry of Ecology and Environment of China, Federal Ministry of Environment (Nigeria), India Ministry of Environment, Forest and Climate Change and Japan Ministry of the Environment. Broad incumbents are UN Environment Programme (UNEP), European Environment Agency (EEA) and United States Environmental Protection Agency (EPA). Others are UNIDO and Korea Exchange (KRX). UK Environment Agency is listed as a regional player.
Does Ministry of Environment have an API?
No public API is recorded for Ministry of Environment.
What industry is Ministry of Environment in?
Ministry of Environment's product category is Government Environmental and Climate Policy. Its primary akta.pro industry code is BPAIAMAA, Environmental Policy, Planning & Regulation, with a secondary code of BPAIABAL, State/Provincial Environmental Protection & Natural Resources Administration. Its NAICS code is 9241 and its SIC code is 4900.