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Korea Investment & Securities (KIS) announced on Wednesday that it signed a memorandum of understanding (MOU) with the ¡°Good Neighbors Global Impact¡± foundation to develop greenhouse gas reduction projects. Under the agreement, the two organizations will conduct a feasibility study on a joint project aimed at preventing deforestation in Uganda, while also working to develop new community-based initiatives to accelerate efforts in combating climate change. KIS became the first securities company in South Korea to be selected as a market maker for the Korean Emissions Trading Scheme (K-ETS) in 2021, and it has been actively developing various greenhouse gas reduction projects since then. ¡°This partnership provides an opportunity for private capital to be invested in Good Neighbors Global Impact¡¯s relief efforts,¡± KIS CEO Kim Sung-hwan said.
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