South Korea’s eco credits program is designed to promote the nation’s sustainable development by rewarding citizens who make eco-friendly choices. It works through people’s credit cards, which hold green credit chips. When a person buys a product or uses a service that has been certified green by the Ministry of the Environment, the card stores points, which can then be used to lower utility bills or exchanged for cash. The program thus creates monetary, as well as environmentally conscious incentives, for citizens when they are choosing what to spend their money on.
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