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Germany : GUIDELINES for green bonds supported by deutsche bank.

The guidelines will assist guaranteed integrity and transparency for investors in this fast growing market. The Principles propose a process for designating, disclosing, managing and reporting on capital raised from a Green Bond will be used.

These Principles created on first-to-market issuances by multilaterals and offer a platform for other future Green Bond issuers to direct funding to Green Projects. They are accompanied by an appendix of established definitions of Green Project categories that were developed by multilaterals, non-profit and non-government organizations and other relevant stakeholders.

Deutsche Bank's Global Head of Debt Origination, Hakan Wohlin, said: "As a carbon neutral bank, Deutsche Bank believes that the new Principles will play an important role in unlocking the green market capital necessary to finance the transformation to a cleaner and more sustainable future. We are pleased to be part of this collaborative effort."

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Publication:Mena Report
Date:Jan 22, 2014
Words:154
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