The government has decided to nurture 200 specialized personnel in green finance within the year to expand carbon neutrality and eco-friendly investment.
On the 23rd, the Financial Services Commission and the Ministry of Environment signed a business agreement for nurturing specialized personnel in green finance at the Bank Hall in Jung-gu, Seoul, with the Financial Supervisory Service, Korea Environmental Industry Technology Institute, and Korea Financial Investment Institute.
According to the agreement, the relevant agencies will cultivate 200 specialized personnel in green finance within the year. They will also jointly develop and operate educational programs for training specialized personnel in green finance, establish a cooperation system for utilizing these specialists in the financial sector, and plan to exchange educational infrastructure and resources.
Specialized personnel in green finance evaluate whether the purpose of fund usage for loans handled by financial companies aligns with green economic activities according to the 'Guidelines for Managing Green Credit' established in December last year. According to the guidelines, green credit refers to loans that comply with the purpose of fund usage under the green classification system and adhere to internal control standards. These specialists are also used to identify and prevent greenwashing.
The signing ceremony was attended by Minister Kim Wan-seop, Chairperson Kim Byeong-hwan, and the head of the Financial Supervisory Service, Lee Bok-hyeon.
Minister Kim said, "To ensure the credibility of green finance, it is essential to secure talent with expertise in both environmental and financial fields." Chairperson Kim noted, "This agreement provides an opportunity for the financial sector's climate finance capabilities to leap to the next level."