A Research on Development Plan for Environmental Budget in Korea
This research concentrates on assessing the result of financial investments on water quality and the appropriateness of scale of the environmental budget in Korea, and presents main institutional reforms to be done. The paper starts with analysis on primary factors effecting water purity, then analyze the effects of financial investments on water purity.
The research shows that the effect of annual amount of rainfall on purification of river is greater than that of investments on environmental facilities. Per 100mm of rainfall, water has been purified up to estimated 0.06~0.07ppm. On the other hand, investments on environmental facilities have improved water quality 0.00002ppm on average for every hundred million won(￦) invested. This implies that the cost of purifying 0.1ppm of water through current investment on environmental facilities is estimated 468.2 billion won(￦). In this estimation, however, only the cost on facility investment have been considered. Considering the features of environmental necessary facilities, depreciation and repairing costs should be included in the estimation, which results in even higher actual cost.
To improve the effectiveness of investments on environmental facilities to purify water quality, overall management on water environment including environmental facilities such as systematic management and investment, total pollution management system, water quality measuring net on non-point source to observe present water quality along with institutional reform need to