Financial Supervisory Service and Ewha Womans University to Host International Conference on Climate Risk Management in the Financial Sector

Discussion on Risk Management Using AI to Be Held on September 11
International Conference to Explore Next-Generation Climate Risk Strategies
Best Practices and Future Directions for the Financial Sector

The Financial Supervisory Service announced on August 28 that, in collaboration with Ewha Womans University, it will hold an international conference on "Next-Generation Climate Risk Management Utilizing Artificial Intelligence (AI) and Technology" at the I-Sambong Hall in the Ewha Campus Complex, Ewha Womans University, Seodaemun-gu, Seoul, on September 11.

Yeouido Financial Supervisory Service Headquarters, Yeongdeungpo-gu, Seoul. Financial Supervisory Service

The conference will bring together domestic and international financial supervisory authorities, the Korea Meteorological Administration, financial institutions, and research organizations to discuss next-generation climate risk management in the financial sector using AI technology from various perspectives.

Participants will discuss the challenges faced by the domestic financial sector in effectively managing climate risk, as well as future response strategies.

Best practices will be shared, including strategies from overseas financial authorities, financial institutions, and research organizations that manage climate risk using AI and low-carbon technologies. The Financial Supervisory Service will also introduce its future plans for supervising climate risk.

A Financial Supervisory Service official stated, "We expect the conference to strengthen the financial sector's climate risk management capabilities and enhance our economy's ability to respond to the climate crisis."

After the international conference, an "AI Challenge" competition and a recruitment briefing session will be held to support young people entering the future finance and green finance sectors.

During the AI Challenge competition, young participants will present innovative financial service ideas utilizing AI technology, and financial institutions will provide advice on their feasibility. Outstanding teams will be awarded scholarships and preferential opportunities for employment.

Approximately 15 major financial institutions are expected to participate in the briefing session, where they will outline the qualities they seek in new talent and offer advice to help with the recruitment process.

This content was produced with the assistance of AI translation services.