Stocktaking Sustainable Finance Products in Germany
This report is prepared by the Frankfurt School-UNEP Collaborating Centre for Climate & Sustainable Energy Finance on behalf of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and is funded by the Federal Foreign Office (AA) as part of the International Climate Initiative (IKI).
The German government has been actively promoting and supporting sustainable finance as part of its commitment to the European Union’s (EU) collective environmental and sustainability ambitions, aligning with initiatives like the European Green Deal and the Paris Agreement. Within the EU’s intricate legislative framework, Germany operates not only as a compliant member state but also as a proactive contributor to the shaping of sustainable finance legislation. This stocktaking report aims not only to provide a comprehensive understanding of sustainable finance in the EU and Germany, explaining both regulatory and market developments, but also to provide an overview of the main policy frameworks, expert groups and key drivers shaping sustainable finance, as well as an overview of sustainable finance products in Germany. Key findings of the report have been fed into the Sino-German expert dialogue platform on sustainable finance hosted by the IKI project “Sino-German Cooperation on Climate Change- Climate Partnership”.
The German government has been actively promoting and supporting sustainable finance as part of its commitment to the European Union’s (EU) collective environmental and sustainability ambitions, aligning with initiatives like the European Green Deal and the Paris Agreement. Within the EU’s intricate legislative framework, Germany operates not only as a compliant member state but also as a proactive contributor to the shaping of sustainable finance legislation. This stocktaking report aims not only to provide a comprehensive understanding of sustainable finance in the EU and Germany, explaining both regulatory and market developments, but also to provide an overview of the main policy frameworks, expert groups and key drivers shaping sustainable finance, as well as an overview of sustainable finance products in Germany. Key findings of the report have been fed into the Sino-German expert dialogue platform on sustainable finance hosted by the IKI project “Sino-German Cooperation on Climate Change- Climate Partnership”.
