Chairman Kim Byoung Hwan of the Financial Services Commission signed a memorandum of understanding (MOU) with the Ministry of Environment and other related organizations on May 23 to cultivate more green finance experts amid the growing importance of finance in responding to climate challenges. With aims to meet the government's net zero carbon emission goals and expand investments in eco-friendly areas, the government and relevant organizations will closely work together to develop vocational training programs on green finance, promote the role of green finance experts in the financial sector, prepare relevant infrastructure for vocational training, and so on. The collaborative efforts made by the government will help to expand the pool of professionals devoted in green finance and equipped with the expertise on the K-Taxonomy guidelines. At the MOU signing event, Chairman Kim said that this lays a foundation for the financial sector to step up its climate finance capabilities. In this regard, Chairman Kim encouraged financial companies to boost their climate finance efforts and expand the supply of green finance products.