{"id":11325,"date":"2026-02-03T19:39:49","date_gmt":"2026-02-03T22:39:49","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=11325"},"modified":"2026-02-03T19:39:50","modified_gmt":"2026-02-03T22:39:50","slug":"%ea%b2%bd%ec%a0%9c-%ec%86%8c%ec%8b%9d-5-%ed%98%84%ec%9e%ac-%ec%9e%ac%eb%ac%b4-%e3%86%8d%ea%b8%88%ec%9c%b5-%ed%99%98%ea%b2%bd-%ec%9a%94%ec%95%bd","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=11325","title":{"rendered":"[\uacbd\uc81c \uc18c\uc2dd 5] \ud604\uc7ac \uc7ac\ubb34 \u318d\uae08\uc735 \ud658\uacbd \uc694\uc57d"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"275\" height=\"183\" src=\"https:\/\/hanin.org.ar\/wp-content\/uploads\/2026\/02\/download-6.jpg\" alt=\"\" class=\"wp-image-11326\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\ud604\uc7ac \uc7ac\ubb34\u00b7\uae08\uc735 \ud658\uacbd \uc694\uc57d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">*\ucd5c\uadfc \uad6d\ucc44 \uc785\ucc30 \uacb0\uacfc\uc640 \ud1b5\ud654 \ubc0f \ud658\uc728\uc758 \uc6c0\uc9c1\uc784\uc744 \ubc14\ud0d5\uc73c\ub85c \ubcfc \ub54c, \uace0\uae08\ub9ac\uac00 \ub354 \uc624\ub798 \uc720\uc9c0\ub420 \uac00\ub2a5\uc131\uc774 \ub192\uc73c\uba70, \ud398\uc18c\ud654 \uc790\uc0b0 \uc804\ub7b5\uc5d0 \uc6b0\ud638\uc801\uc778 \ud658\uacbd\uc774 \uac15\ud654\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4.<br>*\ub864\uc624\ubc84 100% \ucd08\uacfc \ubc0f \uc720\ub3d9\uc131 \ud761\uc218<br>\ucd5c\uadfc \uad6d\ucc44 \uc785\ucc30\uc5d0\uc11c \uc7ac\ubb34\uccad\uc740 \ub9cc\uae30 8\uc870 3\ucc9c\uc5b5\ud398\uc18c \ub300\ube44 10\uc870 3\ucc9c\uc5b5\ud398\uc18c\ub97c \ubc30\uc815\ud558\uba70 \ub864\uc624\ubc84\uc728 124%\ub97c \ub2ec\uc131\ud588\uc2b5\ub2c8\ub2e4.<br>\uc774\ub85c \uc778\ud574 \uc57d 2\uc870 \ud398\uc18c\uc758 \uc21c\uc720\ub3d9\uc131 \ud761\uc218\uac00 \ubc1c\uc0dd\ud588\uc73c\uba70, \uc774\ub294 \uacc4\uc808\uc801\uc73c\ub85c \ud654\ud3d0 \uc218\uc694\uac00 \ub0ae\uc740 \uc0c1\ud669\uc5d0\uc11c\ub3c4 \ud1b5\ud654 \uae34\ucd95 \uae30\uc870\ub97c \uc720\uc9c0\ud558\ub824\ub294 \uc2e0\ud638\ub85c \ud574\uc11d\ub429\ub2c8\ub2e4.<br>*\uc2e0\ud638\ub294 \uba85\ud655\ud569\ub2c8\ub2e4.<br>\uc7ac\ubb34\uccad\uc740 \uae08\ub9ac\uac00 \ud558\ub77d\ud560 \uc5ec\uc9c0\uac00 \uc788\uc74c\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0, \ub192\uc740 \uae08\ub9ac \uc218\uc900\uc744 \uc720\uc9c0\ud558\ub824\ub294 \uc758\uc9c0\ub97c \ubcf4\uc774\uace0 \uc788\uc2b5\ub2c8\ub2e4.<br>*\ud398\uc18c \uae08\ub9ac \uc0c1\uc2b9\uacfc \uce90\ub9ac \ud2b8\ub808\uc774\ub4dc \uac15\ud654<br>\uc720\ub3d9\uc131 \ud761\uc218\ubfd0\ub9cc \uc544\ub2c8\ub77c, \uc7ac\ubb34\uccad\uc740 \ud2b9\ud788 \uace0\uc815\uae08\ub9ac \uc0c1\ud488\uc5d0\uc11c 2\ucc28 \uc2dc\uc7a5\ubcf4\ub2e4 \ub192\uc740 \uae08\ub9ac\ub97c \uc6a9\uc778\ud588\uc2b5\ub2c8\ub2e4.<br>*2026\ub144 3\uc6d4 \ub9cc\uae30 Lecap: \uc5f0 \uc2e4\ud6a8\uae08\ub9ac 42.4%\uc5d0\uc11c \ub099\ucc30<br>(2\ucc28 \uc2dc\uc7a5 \ub300\ube44 \uc57d +600bp)<br>*2026\ub144 7\uc6d4 \ub9cc\uae30 Lecap: \uc5f0 \uc2e4\ud6a8\uae08\ub9ac 38.5%\uc5d0\uc11c \ub099\ucc30<br>(\uc57d +200bp)<br>\uc774\ub85c \uc778\ud574 \ub2e8\uae30 \uc2e4\uc9c8\uae08\ub9ac\uac00 \ub192\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud558\uac8c \ub418\uc5c8\uace0, \ud2b9\ud788 \uc218\uc775\ub960 \uace1\uc120\uc758 \ub2e8\uae30 \uad6c\uac04\uc5d0\uc11c \uce90\ub9ac \ud2b8\ub808\uc774\ub4dc \uc804\ub7b5\uc774 \ub354\uc6b1 \uac15\ud654\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4.<br>\ud574\ub2f9 \uad6c\uac04\uc5d0\uc11c\ub294 \uc6d4 \uc218\uc775\ub960(TEM)\uc774 \uc57d 2.7%\uc5d0\uc11c 2.9% \uc218\uc900\uc73c\ub85c \uad00\uce21\ub429\ub2c8\ub2e4.<br>*\ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158 \uc2dc\ub098\ub9ac\uc624 \ub300\ube44 \ub192\uc740 \uc554\ubb35\uc801 \uc778\ud50c\ub808\uc774\uc158<br>\uc2dc\uc7a5\uc774 \ubc18\uc601\ud558\ub294 \uc778\ud50c\ub808\uc774\uc158\uc740 2026\ub144 \uc57d 24% \uc218\uc900\uc73c\ub85c, \ubbfc\uac04 \uc804\ub9dd\uce58\uc778 \uc57d 12~ 13%\ub97c \ud06c\uac8c \uc0c1\ud68c\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<br>\uc774\ub85c \uc778\ud574 \ub2e4\uc74c\uacfc \uac19\uc740 \uacb0\uacfc\uac00 \ub098\ud0c0\ub0a9\ub2c8\ub2e4.<br>*Lecap\uc774 \ud2b9\ud788 \uc911\uae30 \ubc0f \uc7a5\uae30 \uad6c\uac04\uc5d0\uc11c CER (\uae30\uc900\uc548\uc815\uacc4\uc218) \uc5f0\ub3d9 \uc0c1\ud488\ubcf4\ub2e4 \ub354 \ub9e4\ub825\uc801\uc73c\ub85c \ud3c9\uac00\ub428.<br>*\ud398\uc18c\ud654 \uc218\uc775\ub960 \uace1\uc120\uc740 \uc608\uc0c1\ub418\ub294 \ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158\ub97c \uc544\uc9c1 \ucda9\ubd84\ud788 \ubc18\uc601\ud558\uc9c0 \ubabb\ud558\uace0 \uc788\uc74c.<br>*\uc911\uc559\uc740\ud589\uc758 \uc5ed\ud560: \ub2ec\ub7ec \ub9e4\uc785\uacfc \ud1b5\ud654 \uc815\ucc45 \uacf5\uc870<br>1\uc6d4 \ub3d9\uc548 \uc911\uc559\uc740\ud589\uc740 10\uc5b5 \ub2ec\ub7ec \uc774\uc0c1\uc744 \ub9e4\uc785\ud558\uba70 \uc2dc\uc2a4\ud15c\uc5d0 \ud398\uc18c \uc720\ub3d9\uc131\uc744 \uacf5\uae09\ud588\uc2b5\ub2c8\ub2e4.<br>\uadf8\ub7ec\ub098 \uc7ac\ubb34\uccad\uc758 100% \ucd08\uacfc \ub864\uc624\ubc84 \uc804\ub7b5\uc774 \uc774 \ud6a8\uacfc\ub97c \uc0c1\uc1c4\ud558\uba74\uc11c, \uae08\ub9ac \ud558\ub77d\uc744 \ubc29\uc9c0\ud558\uace0 \uc720\ub3d9\uc131 \ud761\uc218\ub97c \uc704\ud55c \uacf5\ub3d9 \uc804\ub7b5\uc774 \uc870\uc728\ub418\uc5c8\uc2b5\ub2c8\ub2e4.<br>\uc774\ub7ec\ud55c \uc815\ucc45 \uc870\ud569\uc740 \ub2e4\uc74c\uc744 \uc758\ubbf8\ud569\ub2c8\ub2e4.<br>*\ud398\uc18c\ud654\uc5d0 \ub300\ud55c \uc2e0\ub8b0 \uac15\ud654<br>*\ud658\uc728 \ubcc0\ub3d9\uc131 \ucd95\uc18c<br>*\ub2ec\ub7ec \ud3ec\uc9c0\uc158\uc744 \ucd95\uc18c\ud558\uace0 \ud398\uc18c \uc790\uc0b0\uc73c\ub85c \uc774\ub3d9\ud560 \uc720\uc778 \uc720\uc9c0<br>*\ud5a5\ud6c4 \ub2ec\ub7ec \ud750\ub984\uacfc \ub0ae\uc740 \ud658\uc728 \ubcc0\ub3d9\uc131<br>\ub300\uc678 \ud658\uacbd \uc5ed\uc2dc \uc774\ub97c \ub4b7\ubc1b\uce68\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<br>*\uae30\uc5c5 \ubd80\ucc44 \ubc1c\ud589\ubd84 \uc911 \uc57d 36\uc5b5 \ub2ec\ub7ec\uac00 \uc544\uc9c1 \ud658\uc804 \ub300\uae30 \uc0c1\ud0dc<br>*\ud5a5\ud6c4 \uba87 \uac1c\uc6d4\uac04 \ub18d\uc0b0\ubb3c \uc218\ucd9c \ub300\uae08 \uc720\uc785 \uc99d\uac00 \uc608\uc0c1<br>*\uc911\uc559\uc740\ud589\uc758 \uc678\ud658\ubcf4\uc720\uc561 \ucd95\uc801 \uacbd\ub85c\uc5d0 \ub300\ud55c \uc608\uce21 \uac00\ub2a5\uc131 \uc81c\uace0.<br>*\ud658\uc728\uc774 \ubc34\ub4dc \ub0b4\uc5d0\uc11c \uad00\ub9ac\ub418\uace0 \uc788\uc73c\uba70,<br>2\uc6d4\ubd80\ud130 \uc0c1\ub2e8 \uc870\uc815\uc774 \uc6d4 \ub2e8\uc704\ub85c \uc774\ub8e8\uc5b4\uc9c0\uba74\uc11c \ud658\uc728 \ubcc0\ub3d9\uc131\uc740 \uc81c\ud55c\uc801\uc778 \uc218\uc900\uc744 \uc720\uc9c0\ud560 \uac83\uc73c\ub85c \ubcf4\uc785\ub2c8\ub2e4.<br>\uc774\ub294 \ud398\uc18c \uc790\uc0b0 \ud22c\uc790\uc790\uc5d0\uac8c \ub9e4\uc6b0 \uc911\uc694\ud55c \uc694\uc18c\uc785\ub2c8\ub2e4.<br>\uacb0\ub860<br>\ud604\uc7ac \uc2dc\uc7a5\uc740 \ub2e4\uc74c\uacfc \uac19\uc740 \ud658\uacbd\uc5d0 \uc9c1\uba74\ud574 \uc788\uc2b5\ub2c8\ub2e4.<br>*\uace0\uae08\ub9ac \uc7a5\uae30\ud654<br>*\uc81c\ud55c\uc801\uc778 \uc720\ub3d9\uc131<br>*\uce90\ub9ac \ud2b8\ub808\uc774\ub4dc \uac15\ud654<br>*\ud398\uc18c\ud654 \ud22c\uc790\uc5d0 \ub300\ud55c \uac70\uc2dc\uc801 \ub4b7\ubc1b\uce68 \ud655\ub300<br>\uc774\ub7ec\ud55c \ub9e5\ub77d\uc5d0\uc11c \uc2dc\uc7a5\uc758 \ucee8\uc13c\uc11c\uc2a4\ub294 \ub2e4\uc74c \uc804\ub7b5\uc744 \uc120\ud638\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<br>*\ub2e8\uae30 \uad6c\uac04\uc5d0\uc11c \uae08\ub9ac \uc218\uc775\uc744 \ud655\ubcf4\ud558\ub294 \uc804\ub7b5(Lecap)<br>*\ubcf4\uc218\uc801\uc778 \ud22c\uc790\uc790 \uc131\ud5a5\uc5d0\ub294 CER \ubc0f \ub2ec\ub7ec \uc5f0\ub3d9 \uc0c1\ud488\uc744 \ubcf4\uc644\uc801\uc73c\ub85c \ud65c\uc6a9<br>*\ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158\uc774 \uc218\uc775\ub960 \uace1\uc120\uc5d0 \uc644\uc804\ud788 \ubc18\uc601\ub420 \ub54c\uae4c\uc9c0 \ub4c0\ub808\uc774\uc158 (\uc6d0\uae08\ud68c\uc218\uae30\uac04)\uc5d0 \ub300\ud55c \uc2e0\uc911\ud55c \uc811\uadfc \uc720\uc9c0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ud604\uc7ac \uc7ac\ubb34\u00b7\uae08\uc735 \ud658\uacbd \uc694\uc57d *\ucd5c\uadfc \uad6d\ucc44 \uc785\ucc30 \uacb0\uacfc\uc640 \ud1b5\ud654 \ubc0f \ud658\uc728\uc758 \uc6c0\uc9c1\uc784\uc744 \ubc14\ud0d5\uc73c\ub85c \ubcfc \ub54c, \uace0\uae08\ub9ac\uac00 \ub354 \uc624\ub798 \uc720\uc9c0\ub420 \uac00\ub2a5\uc131\uc774 \ub192\uc73c\uba70, \ud398\uc18c\ud654 \uc790\uc0b0 \uc804\ub7b5\uc5d0 \uc6b0\ud638\uc801\uc778 \ud658\uacbd\uc774 \uac15\ud654\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4.*\ub864\uc624\ubc84 100% \ucd08\uacfc \ubc0f \uc720\ub3d9\uc131 \ud761\uc218\ucd5c\uadfc \uad6d\ucc44 \uc785\ucc30\uc5d0\uc11c \uc7ac\ubb34\uccad\uc740 \ub9cc\uae30 8\uc870 3\ucc9c\uc5b5\ud398\uc18c \ub300\ube44 10\uc870 3\ucc9c\uc5b5\ud398\uc18c\ub97c \ubc30\uc815\ud558\uba70 \ub864\uc624\ubc84\uc728 124%\ub97c \ub2ec\uc131\ud588\uc2b5\ub2c8\ub2e4.\uc774\ub85c \uc778\ud574 \uc57d 2\uc870 \ud398\uc18c\uc758 \uc21c\uc720\ub3d9\uc131 \ud761\uc218\uac00 \ubc1c\uc0dd\ud588\uc73c\uba70, \uc774\ub294 \uacc4\uc808\uc801\uc73c\ub85c \ud654\ud3d0 \uc218\uc694\uac00 \ub0ae\uc740 \uc0c1\ud669\uc5d0\uc11c\ub3c4 \ud1b5\ud654 \uae34\ucd95 \uae30\uc870\ub97c \uc720\uc9c0\ud558\ub824\ub294 \uc2e0\ud638\ub85c \ud574\uc11d\ub429\ub2c8\ub2e4.*\uc2e0\ud638\ub294 \uba85\ud655\ud569\ub2c8\ub2e4.\uc7ac\ubb34\uccad\uc740 \uae08\ub9ac\uac00 \ud558\ub77d\ud560 \uc5ec\uc9c0\uac00 \uc788\uc74c\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0, \ub192\uc740 \uae08\ub9ac \uc218\uc900\uc744 \uc720\uc9c0\ud558\ub824\ub294 \uc758\uc9c0\ub97c \ubcf4\uc774\uace0 \uc788\uc2b5\ub2c8\ub2e4.*\ud398\uc18c \uae08\ub9ac \uc0c1\uc2b9\uacfc \uce90\ub9ac \ud2b8\ub808\uc774\ub4dc \uac15\ud654\uc720\ub3d9\uc131 \ud761\uc218\ubfd0\ub9cc \uc544\ub2c8\ub77c, \uc7ac\ubb34\uccad\uc740 \ud2b9\ud788 \uace0\uc815\uae08\ub9ac \uc0c1\ud488\uc5d0\uc11c 2\ucc28 \uc2dc\uc7a5\ubcf4\ub2e4 \ub192\uc740 \uae08\ub9ac\ub97c \uc6a9\uc778\ud588\uc2b5\ub2c8\ub2e4.*2026\ub144 3\uc6d4 \ub9cc\uae30 Lecap: \uc5f0 \uc2e4\ud6a8\uae08\ub9ac 42.4%\uc5d0\uc11c \ub099\ucc30(2\ucc28 \uc2dc\uc7a5 \ub300\ube44 \uc57d +600bp)*2026\ub144 7\uc6d4 \ub9cc\uae30 Lecap: \uc5f0 \uc2e4\ud6a8\uae08\ub9ac 38.5%\uc5d0\uc11c \ub099\ucc30(\uc57d +200bp)\uc774\ub85c \uc778\ud574 \ub2e8\uae30 \uc2e4\uc9c8\uae08\ub9ac\uac00 \ub192\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud558\uac8c \ub418\uc5c8\uace0, \ud2b9\ud788 \uc218\uc775\ub960 \uace1\uc120\uc758 \ub2e8\uae30 \uad6c\uac04\uc5d0\uc11c \uce90\ub9ac \ud2b8\ub808\uc774\ub4dc \uc804\ub7b5\uc774 \ub354\uc6b1 \uac15\ud654\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4.\ud574\ub2f9 \uad6c\uac04\uc5d0\uc11c\ub294 \uc6d4 \uc218\uc775\ub960(TEM)\uc774 \uc57d 2.7%\uc5d0\uc11c 2.9% \uc218\uc900\uc73c\ub85c \uad00\uce21\ub429\ub2c8\ub2e4.*\ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158 \uc2dc\ub098\ub9ac\uc624 \ub300\ube44 \ub192\uc740 \uc554\ubb35\uc801 \uc778\ud50c\ub808\uc774\uc158\uc2dc\uc7a5\uc774 \ubc18\uc601\ud558\ub294 \uc778\ud50c\ub808\uc774\uc158\uc740 2026\ub144 \uc57d 24% \uc218\uc900\uc73c\ub85c, \ubbfc\uac04 \uc804\ub9dd\uce58\uc778 \uc57d 12~ 13%\ub97c \ud06c\uac8c \uc0c1\ud68c\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.\uc774\ub85c \uc778\ud574 \ub2e4\uc74c\uacfc \uac19\uc740 \uacb0\uacfc\uac00 \ub098\ud0c0\ub0a9\ub2c8\ub2e4.*Lecap\uc774 \ud2b9\ud788 \uc911\uae30 \ubc0f \uc7a5\uae30 \uad6c\uac04\uc5d0\uc11c CER (\uae30\uc900\uc548\uc815\uacc4\uc218) \uc5f0\ub3d9 \uc0c1\ud488\ubcf4\ub2e4 \ub354 \ub9e4\ub825\uc801\uc73c\ub85c \ud3c9\uac00\ub428.*\ud398\uc18c\ud654 \uc218\uc775\ub960 \uace1\uc120\uc740 \uc608\uc0c1\ub418\ub294 \ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158\ub97c \uc544\uc9c1 \ucda9\ubd84\ud788 \ubc18\uc601\ud558\uc9c0 \ubabb\ud558\uace0 \uc788\uc74c.*\uc911\uc559\uc740\ud589\uc758 \uc5ed\ud560: \ub2ec\ub7ec \ub9e4\uc785\uacfc \ud1b5\ud654 \uc815\ucc45 \uacf5\uc8701\uc6d4 \ub3d9\uc548 \uc911\uc559\uc740\ud589\uc740 10\uc5b5 \ub2ec\ub7ec \uc774\uc0c1\uc744 \ub9e4\uc785\ud558\uba70 \uc2dc\uc2a4\ud15c\uc5d0 \ud398\uc18c \uc720\ub3d9\uc131\uc744 \uacf5\uae09\ud588\uc2b5\ub2c8\ub2e4.\uadf8\ub7ec\ub098 \uc7ac\ubb34\uccad\uc758 100% \ucd08\uacfc \ub864\uc624\ubc84 \uc804\ub7b5\uc774 \uc774 \ud6a8\uacfc\ub97c \uc0c1\uc1c4\ud558\uba74\uc11c, \uae08\ub9ac \ud558\ub77d\uc744 \ubc29\uc9c0\ud558\uace0 \uc720\ub3d9\uc131 \ud761\uc218\ub97c \uc704\ud55c \uacf5\ub3d9 \uc804\ub7b5\uc774 \uc870\uc728\ub418\uc5c8\uc2b5\ub2c8\ub2e4.\uc774\ub7ec\ud55c \uc815\ucc45 \uc870\ud569\uc740 \ub2e4\uc74c\uc744 \uc758\ubbf8\ud569\ub2c8\ub2e4.*\ud398\uc18c\ud654\uc5d0 \ub300\ud55c \uc2e0\ub8b0 \uac15\ud654*\ud658\uc728 \ubcc0\ub3d9\uc131 \ucd95\uc18c*\ub2ec\ub7ec \ud3ec\uc9c0\uc158\uc744 \ucd95\uc18c\ud558\uace0 \ud398\uc18c \uc790\uc0b0\uc73c\ub85c \uc774\ub3d9\ud560 \uc720\uc778 \uc720\uc9c0*\ud5a5\ud6c4 \ub2ec\ub7ec \ud750\ub984\uacfc \ub0ae\uc740 \ud658\uc728 \ubcc0\ub3d9\uc131\ub300\uc678 \ud658\uacbd \uc5ed\uc2dc \uc774\ub97c \ub4b7\ubc1b\uce68\ud558\uace0 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