Korea Green Growth Trust Fund

Bang Gi-seon, First Vice Minister of Strategy and Finance, met Juergen Voegele, World Bank Vice President for Sustainable Development, who visited Korea to commemorate the 10th anniversary of the Green Growth Fund on Thursday, December 1. He positively evaluated the World Bank's tangible results in cooperation with Korea's green growth-related institutions through the Green Growth Fund, and emphasized the importance of strengthening global cooperation and cooperation between Korea and the World Bank in the field of green growth.  Prior to this, the Ministry of Strategy and Finance and the World Bank held a commemorative event to commemorate the 10th anniversary of the Green Growth Fund. The Korea Green Growth Trust Fund is the only trust fund in the green growth field established by the World Bank in 2012 to share and spread Korea's green growth technology and experience with developing countries. The fund has pledged $140 million in contributions to date, supporting 197 projects in 60 countries. About 300 people participated in the event this time. 

Choo Kyung-ho meets leaders of SME

On Thursday, December 1st, Deputy Prime Minister Choo Kyung-ho held a meeting with small and medium-sized business owners. The meeting was held to collect opinions from the small and medium-sized business community in the process of preparing economic policy directions for 2023. Chu said “The government actively supports SMEs through various policy measures so that they can overcome the difficulties they face and take a new leap forward. In the meantime, many companies have suffered because they have not properly reflected the price increase of raw materials. The supply unit price indexation system, which has been a long-cherished wish of small and medium-sized businesses for 14 years, has recently passed the standing committee and is about to be legislated. The government will also come up with a plan to reorganize the family business inheritance deduction scheme to promote investment, job creation and lifespan.”