Germany
Berlin, Germany| Invested through |
|
|---|---|
| Asset Classes | Impact bonds |
| Impact strategy | Impact Equities and Bonds |
| ISIN code | DE0001030708 |
| Aligned with SDGs |
Germany is highly committed to achieving its climate goal of carbon neutrality by 2050. It has emission goals for sectors including transport, energy, industry, agriculture and waste management. Federal green bonds will be used to finance projects that contribute to achieving these climate goals. Building more environmentally friendly and energy-efficient public transportation, promoting use of bicycles, and speeding up E-mobility technology are important aspects to reach country's climate goals. The 10-year note in portfolio has a volume of EUR 6.5 billion. The allocation of the proceeds is in line with the overall reported allocation. Transportation counts for the biggest category (58%), then comes International Cooperation (24%), Renewable Energy (10%), Research and Innovation (5%), Sustainable Agriculture (3%).
Investment rationale
Germany is highly committed to achieving its climate goal of carbon neutrality by 2050. It has emission goals for sectors including transport, energy, industry, agriculture, and waste management. The federal green securities will be used to finance projects that contribute to achieving such climate goals. Building more environmentally friendly and energy-efficient public transportation, promoting use of bicycles and speeding up E-mobility technology are all important subjects to reach Germany's climate goals. This 5-year note has a volume of EUR 5 billion. In the allocation of the proceeds, transportation counts for the biggest category (58%), followed by international cooperation (24%), renewable energy (10%), research and innovation (5%), and sustainable agriculture (3%).