Industrial Bank of Korea Sponsors National Park Marine Ecosystem Restoration Project
Achieving Carbon Neutrality through Marine Ecosystem Restoration Project in Dadohaehaesang National Park
On the 15th, at the donation ceremony for the conservation of marine ecosystems in national parks, Moon Yong-gi, Head of Public Relations at the Industrial Bank (left), and Son Young-im, Director of Resource Conservation at the Korea National Park Service, are taking a commemorative photo.
View original image[Asia Economy Reporter Park Sun-mi]On the 15th, the Korea Development Bank announced that it had donated 200 million KRW to the Korea National Park Service to promote the marine ecosystem restoration project in Dadohaehaesang National Park.
This environmental love sponsorship by the Korea Development Bank is part of its social contribution activities to practice ESG management as a policy financial institution leading the Korean New Deal and green finance. The project aims to preserve a healthy marine ecosystem and achieve carbon neutrality by 2050 through the restoration of damaged areas in Dadohaehaesang National Park, which is designated as a UNESCO Biosphere Reserve.
The restoration project plans to restore coastal erosion and dune damage areas at Simok Beach on Dochodo Island within Dadohaehaesang National Park using eco-friendly materials, and to promote the settlement of dune plants such as Sunbigi tree and Sea purslane. Additionally, to restore the windbreak forest damaged over a long period, which protects residents from strong typhoons and serves as a carbon sink, native evergreen broadleaf trees such as Machilus thunbergii and Camellia will be planted.
Meanwhile, the Korea Development Bank is conducting various social contribution activities through sponsorship of the Dream Exploration Team program, which supports ecological sharing exploration experiences for socially marginalized groups in local communities and emotional development for youth under protection and observation, in cooperation with the Korea National Park Service.
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A representative of the Korea Development Bank stated, "We will continue to strengthen environmental cleanup volunteer activities and environmental love sponsorships to protect natural ecosystems and realize carbon neutrality."
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