Deutsche Börse Group has joined the Climate Bonds Initiative Partner Programme.
Partners assist in developing climate finance solutions, market development committees and help define policy agendas for national, regional and sector based programmes.
The partner announcement was made in Frankfurt at the launch of the Deutsche Bourse hosted Sustainable Finance Initiative and accompanying Frankfurt Declaration on sustainable economic and social development.
Kristina Jeromin, head of group sustainability at Deutsche Börse, says: “Deutsche Börse is delighted to become a Partner of the Climate Bonds Initiative.
“In our role as an organiser of capital markets, improving the transparency, quality of information and standardisation in global capital markets is key for us. In doing so, we consider the entire value chain and attend to the requirements of the different players in the capital market.
“We are looking forward to our further partnership with Climate Bond Initiative, as this is an extension of our commitment to climate action. Supporting organisations taking the lead in developing market based and finance driven responses to create sustainable financial markets is one of our core responsibilities.”
Sean Kidney (pictured), CEO at Climate Bonds Initiative, says: “Deutsche Börse occupies a pivotal position across capital markets, particularly in the Eurozone. Partnering provides an opportunity to foster market dialogue and increased collaboration among all market participants to improve market liquidity, integrity and investor access to green finance opportunities.
“There is a need to accelerate the use of green bonds and other green debt products to support national and regional climate investment and emissions reduction plans.
“Partnering with a major exchange like Deutsche Börse opens avenues for our respective organisations to work cooperatively around standards, harmonisation and developing secondary markets – all critical ingredients to building issuer and investor confidence and robust market growth.”