The Federal Ministry of Finance has initiated a strategy for sustainable finances together with the BMU and in coordination with the BMWi. The Sustainable Finance Committee, which was set up in June 2019, has been mandated to develop recommendations to make Germany a leading location for sustainable finance. The Committee  has now submitted an interim report which is to be released for public consultation by 3 April 2020. The full interim report and consultation form are available now.

Sustainable finance has experienced a strong boost in recent years. But there is still a lot to do, especially in Germany.

Deutsche Börse’s climate strategy was developed in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). It is seen as an ongoing process with a constantly rising ambition level.

The German government wants to establish Germany as a leading location for sustainable finance. The Green and Sustainable Finance Cluster Germany has published a policy roadmap in cooperation with WWF Germany and actors from the financial sector and academia. It provides the impetus for a political framework for anchoring sustainability aspects.