By Diplomacy Journal Lee Kap-soo Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol met with Executive Director of the Green Climate Fund (GCF) Mafalda Duarte at the Government Complex-Seoul on ct. 24 to discuss ways to strengthen cooperation between Korea and the GCF. The Ministry of Economy and Finance emphasized the importance of establishing a virtuous cycle in which climate action serves as a driver of future growth. It introduced its Ultra-Innovative Economy and the AI Transformation initiatives, noting its ongoing efforts to foster such a virtuous cycle. The Ministr
By Diplomacy Journal Kayla Lee Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol attended the International Monetary and Financial Committee (IMFC) meeting in Washington, D.C. on October 17, in his capacity as Governor representing Korea on the IMF Executive Board. On the sidelines of the meeting, DPM Koo also held bilateral meetings with World Bank President Ajay Banga, IMF Managing Director Kristalina Georgieva, and Global Head of Sovereign Ratings at Fitch Ratings James Longsdon. Above all, DPM Koo attended the IMFC meeting to exchange views with finance ministers and