Daishin Economic Research Institute Hosts “Understanding Transition Finance” Seminar, Bringing Together Domestic and International Experts

Daishin Economic Research Institute invited domestic and international financial and industrial experts to create a forum for discussions aimed at revitalizing transition finance.

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On June 18, Daishin Economic Research Institute, an affiliate of Daishin Securities, announced that it had held a seminar the previous afternoon under the theme, “Carbon Neutral Investment: How to Finance It—Understanding Transition Finance.”

This seminar was organized to share the concept and global trends of transition finance, which is attracting attention in the process of achieving carbon neutrality, and to explore ways to invigorate the domestic market. Professor Hyun Seok of Yonsei University emphasized that, for the decarbonization of high-carbon, hard-to-abate industries such as steel and chemicals—the main bottleneck to achieving net zero—the capital market’s evaluation criteria are shifting from a static green taxonomy to a “dynamic, pathway-based” approach. He also proposed three core tasks for the successful establishment of a Korean-style transition finance system: evaluating future transition pathways, establishing industry-specific roadmaps and inter-ministerial policy coordination prior to fundraising, and building data infrastructure including Scope 3 disclosure and external verification (SPO).

Takayuki Motohashi, Director at the Ministry of Economy, Trade and Industry of Japan, introduced the main policy directions of the nationally driven Green Transformation (GX) strategy and shared the case of issuing the world’s first national transition bond, the “GX Economic Transition Bond.” Seungtae Jung, Head of Center at Daishin Economic Research Institute, explained the core structure of the Korean transition finance guidelines announced in February this year and the criteria for setting Scope 3-inclusive emission reduction targets for high-carbon industries. Kazuyuki, General Manager at Nomura Securities’ Aihara, focused on the latest global sustainable finance market trends and highlighted successful transition bond issuances by Shinhan Bank and JFE Holdings.

Jaeuk Baek, CEO of Daishin Economic Research Institute, stated, “The role of finance is becoming ever more important in the process of achieving carbon neutrality,” and added, “I hope this seminar will deepen understanding of transition finance and serve as an opportunity to expand discussions aimed at revitalizing the domestic market.”

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