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Korea Institute of Finance (KIF)
The Korea Institute of Finance provides expert analysis for the development of the Republic of Korea's financial sector and financial policy.
Under this program, the Republic of Korea will complement the savings of qualified young Koreans.
Consensus on social goals is a must to establish social taxonomy.
Establish an internal risk management system, implement concrete strategies, enhance governance structure, and strengthen information disclosure.
Policies should promote the growth and sustainability of social enterprises without making them dependent on state support.
Regulators should focus on ensuring full corporate disclosure and transparency to protect stakeholders.
The availability of insurance for high-risk projects gives investors the confidence to pursue green investments.
Setting the criteria for classifying environmentally sound investments can help the Republic of Korea transition to a carbon-neutral economy.
Financial support and credit rehabilitation can help financially vulnerable borrowers to repay their debts amid economic impacts of COVID-19.
Policy makers must improve labor market conditions and reduce employment uncertainties as part of their economic stimulus plans.
Lessons from efforts of the Republic of Korea to help financially vulnerable borrowers before the pandemic can help shape effective measures.