The Korea Development Bank (KDB), is a national entity that was founded with the purpose of supplying and managing major industrial capital to help develop the economy of the Republic of Korea. Since its establishment, KDB has been providing financing for the development and promotion of industries, the expansion of social infrastructure development of countries, including that of the Republic of Korea, the stabilization of financial markets and the facilitation of sustainable growth. KDB has placed climate change and socially responsible investment as policy issues that are addressed in its annual planning.
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Accreditation timeline
Accreditation term 1
08 May 2017 - 07 May 2022
Accreditation date
14 Dec 2016
AMA execution date
06 Apr 2017
AMA effectiveness
08 May 2017
Term end date
07 May 2022
Accreditation term 2
09 Jan 2023 - 08 Jan 2028
Re-accreditation date
18 May 2022
AMA execution date
30 Aug 2022
AMA effectiveness
09 Jan 2023
Term end date
08 Jan 2028
Entity details
Size
Micro
Small
Medium
Large
Environmental and social risk category
Category C
Category B
Category A
Intermediation 3
Intermediation 2
Intermediation 1
Fiduciary standards
Basic
Project management
Grant award
On-lending/blending:
Loan
Equity
Guarantee
Blending
Projects
FP228
Cross-cutting
Cambodia
Cambodian Climate Financing Facility
FP196
Mitigation
Indonesia
Supporting Innovative Mechanisms for Industrial Energy Efficiency Financing in Indonesia with Lessons for Replication in other ASEAN Member States
GCF and Korea Development Bank help climate innovators traverse “valley of death”
27 Jul 2021 / We need innovation to provide climate solutions. But too many great new ideas die in the so-called ‘valley of death’ – the gap between seed funding for entrepreneurs and the longer-term investment that brings those ideas to market. In tackling this challenge, Southeast Asian entrepreneurs with ideas on how to use technological innovation to tackle climate change have received a fillip with a new partnership between the Green Climate Fund (GCF) and the Korea Development Bank (KDB), supported by the Global Green Growth Institute (GGGI).
