This study quantified carbon uptake and emissions in urban landscape, and the role of urban greenspace in atmospheric carbon reduction for several cities of Chuncheon and Kangleung in Kangwon province. Mean carbon storage by trees and shrubs was 26.0 t (mertric tons)/ha in Chuncheon and 46.7 t/ha in Kangleung for natural lands, and ranged from 4.7 to 6.3 t/ha for urban lands (all land use types except natural and agricultural lands) in both cities. Mean annual carbon uptake by trees and shrubs ranged from 1.60 to 1.71 t/ha/yr for natural lands, and from 0.56 to 0.71 t/ha/yr for urban lands. There was no significant difference (95% confidence level) between the two cities in the carbon storage and annual carbon uptake per ha, except the carbon storage for natural lands. Organic carbon storage in soils (to a depth of 60 cm) of Chuncheon average 24.8 t/ha for urban lands and 31.6 t/ha for natural lands, 1.3 times greater than for urban lands. Annual carbon accumulation in soils was 1.3 t/hr/yr for natural lands of the study cities. Annual per capita carbon emissions from fossil fuel consumption were 1.3 t/yr in Chunceon and 1.8 t/yr in Kangleung. The principal carbon release in urban landscapes was from transport and industry. Total carbon storage by urban greenspace (trees, shrubs, and soils) equaled 66% of total carbon emissions in Chuncheon and 101% in Kangleung. Carbon uptake by urban greenspace annually offset total carbon emissions by approximately 4% in the study cities. Thus, urban greenspace played a partial important role in reducing atmospheric $CO_2$ concentrations. To increase $CO_2$ uptake and storage by urban greenspace, suggested are conservation of natural lands, minimization of hard surfaces and more plantings, selection of tree species with high growth rate, and proper management for longer healthy tree growth.