On August 15, 2008, during a presidential address to celebrate the 60th anniversary of the founding of the Republic of Korea, Low-carbon Green Growth was declared as a national vision for the next 60 years. The Low-carbon Green Growth vision aims to shift the nation s growth paradigm from a fossil-fuel dependent growth paradigm to a quality-oriented growth paradigm with a focus on utilizing new and renewable energy sources and green technologies. As a road map for the Green Growth national vision, the Korean government presented the Green Growth National Strategy and Five-Year Plan to systematically and efficiently promote green growth. The Green Growth National Strategy envisages three main objectives: (1) to prepare measures to effectively deal with climate change and secure energy independence(2) to create new growth enginesand (3) to improve quality of life and enhance the profile of the country in the international community.