Gibo Develops Evaluation System Linked to 'K-Taxonomy'... Leading Green Finance
Providing K-Taxonomy Compliance Assessment Results to Financial Institutions
The Korea Technology Finance Corporation (Chairman Kim Jong-ho, hereinafter referred to as Kibo) announced on the 25th that it will develop an evaluation system linked to the Korean green taxonomy 'K-Taxonomy' and conduct a pilot evaluation project. K-Taxonomy is a standard that defines green economic activities in Korea, providing clear principles and criteria for green economic activities. The government is making efforts to revitalize the green economy by supporting the issuance of green bonds applying K-Taxonomy.
Last year, Kibo established the direction for building a taxonomy evaluation system to assess green economic activities of small and medium enterprises, and this year, it is developing an evaluation system that converts the K-Taxonomy conformity judgment criteria into a checklist together with experts who participated in the government's green classification system. Practical training for nationwide branch employees is being conducted, and a pilot evaluation project is scheduled for October, with the goal of implementing the full project in the first half of 2024.
Hot Picks Today
!["Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①](https://cwcontent.asiae.co.kr/asiaresize/93/2026051914165468840_1779167814.png)
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "I'll Stop by Starbucks Tomorrow": People Power Chungbuk Committee and Geoje Mayoral Candidate Face Criticism for Alleged 5·18 Demeaning Remarks
- 2030s Prefer Temples, 5060s Choose Art Museums... Data Reveals Diverging Travel Preferences
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
Accordingly, Kibo plans to conduct K-Taxonomy conformity assessments during the technology guarantee review stage and provide the results to financial institutions along with guarantee certificates in the form of evaluation reports, thereby leading green finance. Director Lee Jae-pil of Kibo said, "Kibo was the first in Korea to develop a carbon value evaluation model and establish an innovative green finance support system. By adding the K-Taxonomy evaluation system, we can continuously support the innovative growth of carbon-neutral SMEs," and added, "We will take the lead in creating a green growth ecosystem in Korea through the stable establishment of the K-Taxonomy evaluation system and the revitalization of green finance."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
