Green Fund is a share of Lottery's proceeds

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History

2000

  • 2004.04
    The Prime Minister's Lottery Commission began to allocate a dividend as Green Fund.
  • 2006.08
    The Korea Forest Service was charged with the management of the Green Fund.
  • 2006.09
    Green Fund Management Foundation(GFMF) established by the Korea Forest Service for transparent management of Green Fund
  • 2007.09
    The first anniversary of the GFMF establishment
  • 2008.06
    Korea green promotion Agency(KGPA) renamed from GFMF expanded business to look after overseas forest management

1990

  • 1998.03
    The National Assembly Environment Forum announced the plan for the environmentally friendly development of water resources through forests and fund raising'
  • 1998.07
    37 members of the National Assembly proposed amendment of the Forest Law to issue 「Green Lottery Ticket」
  • 1998.09
    Held a public hearing to reflect public opinions and establish a common ground with the people.
  • 1999.02
    The Forest Law amended to raise Green Fund by「Green Lottery Ticket」
  • 1999.09
    Issued the first Green Lottery tickets

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