{
  "id": 446241,
  "title": "BOK's collateral policy criticized for favoring high-carbon assets",
  "url": "https://urgent.news/2026/08/10/boks-collateral-policy-criticized-for-favoring-high-carbon-assets",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-10T07:27:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/20260810/boks-collateral-policy-criticized-for-favoring-high-carbon-assets"
  },
  "original_language": "en",
  "account": "A new report has cast doubt on the Bank of Korea's collateral policy, alleging it promotes high-carbon assets over environmentally friendly bonds. According to a study by Positive Money of London and the Institute for Green Transformation of Seoul, 53% of corporate and public bonds deemed collateral by the BOK in 2025 were tied to fossil fuel and other high-emission industries, with green bonds representing only about 2%. The investigation, based on 1,368 bonds from BOK data obtained via Rep. Jung Tae-ho of the Democratic Party of Korea, revealed that green bonds faced an average haircut of 8.7% in 2025, significantly higher than their non-green counterparts.",
  "summary": "A new study has accused the Bank of Korea (BOK)'s collateral system of favoring high-carbon assets over green bonds, arguing that the framework could effectively provide an \"implicit subsidy\" to fossil fuel and other carbon-intensive industries. The study, released Monday by London-based nonprofit Positive Money and Seoul-based Institute for Green Transformation (IGT), found that 53 percent of…",
  "key_points": [
    "Bank of Korea's collateral policy criticized for favoring high-carbon assets.",
    "53% of corporate and public bonds linked to fossil fuel industries.",
    "Green bonds faced average haircut of 8.7% in 2025."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "BOK's collateral policy criticized for favoring high-carbon assets",
        "url": "https://urgent.news/2026/08/10/boks-collateral-policy-criticized-for-favoring-high-carbon-assets-446915",
        "published": "2026-08-10T07:37:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}