Themen:
News
July 9, 2015
T
he group is highly committed to the GCF’s goal to promote and finance a paradigm shift towards a low-emission economy and climate resilient development pathways.
Deutsche AWM's potential to support the GCF in reaching its objectives builds on a successful track record of managing innovative public-private investment vehicles for climate change mitigation and adaptation, including in emerging economies and developing countries, such as the Green for Growth Fund, the European Energy Efficiency Fund or the Africa Agriculture and Trade Investment Fund. Deutsche Bank has also co-led several green bond issues and is active in renewable energy finance globally.
The Green Climate Fund was established by 194 governments within the United National Framework Convention on Climate Change (UFCCC)’s Conference of the Parties under the financial mechanism of the Convention to serve as the central global investment vehicle to combat the effects of climate change. It has the mandate to bring together public and private funds to implement international climate financing for adaptation and mitigation practices related to greenhouse gas emissions in developing countries. Total pledges made to the Green Climate Fund to date account for about USD 10 billion equivalent.
Further links on the topic
About Green Climate Fund Corporate Responsibility Portal Responsible business Sustainable products and investment stategies Alternative Investments: Capital for sustainable development and climate protection > Innovative public-private financing structures to improve food security in Africa: The Africa Agriculture and Trade Investment Fund (AATIF) Our position on issues of current interest Deutsche Bank supports guidelines for green bonds
How helpful was this article?
Click on the stars to send a rating