Being listed on the World Heritage List proves that the heritage listed is an important heritage worthy of common protection by mankind, apart from the heritage of the applicant country.
In the case of developing countries, once the heritage is listed as World Heritage, they can receive financial and technical support necessary for heritage protection through the World Heritage Fund, the World Heritage Center, and related organizations such as the International Council on Monuments and Sites. In addition, as the heritage listed increases in international recognition, an increase in tourists, employment opportunities and income therefrom can be expected. If the heritage is listed as a World Heritage, it will also benefit the local development as it can receive additional attention and support from the government.
Most importantly, when listed as a World Heritage, the pride of the local community and country where the World Heritage is located is inspired. Further, recognizing the value of the heritage they possess can greatly contribute to preventing further damage to the heritage and preserving the same in its original state as much as possible.
Developed countries including Korea rarely receive financial support from the World Heritage Committee for preserving the heritage even if it is listed as a World Heritage. Rather, it is common to use it as an opportunity to contribute to the preservation of heritage of developing countries through the UNESCO Trust Fund.