Frankfurt and ESG fintechs: plenty of potential
The number of ESG fintechs is increasing. According to the ‘Snapshot of the ESG FinTech environment’ study by EY Parthenon, presented together with Frankfurt Main Finance, the number of ESG fintechs in Europe grew to 371 by December 2024. Despite a strong B2B focus and favourable conditions, there is a lack of targeted measures such as funding visibility and accelerator programmes to unleash the city’s full potential.
Decarbonising industry: How the financial sector can make Germany’s climate targets possible
Decarbonisation poses major challenges for business and politics – and at the same time opens up enormous opportunities. A new study by the German Economic Institute in collaboration with Germany Finance shows that there is an annual investment requirement of 220 billion euros. And that’s not all.
Cool breezes for Frankfurt: Innovative use of wind currents
Bloomberg spoke to meteorologist Mathias Ratheiser about the rising temperatures in Frankfurt. The report shows how the metropolis can use natural wind systems to improve the urban climate and mitigate heatwaves through smart urban planning.
Green bonds: Germany is on the USA’s heels
Green bonds have long since become mainstream on the financial markets. They account for 80% of all sustainable issues. New issuers are likely to continue to provide plenty of new supply.
Frankfurt Goes COP28
In the run-up to the COP28 summit in Dubai, Frankfurt Main Finance asked its members what concrete measures they are taking to actively contribute to climate protection in view of the global challenges posed by climate change.
Delegation from the Montréal financial centre on a working visit to Frankfurt
Representatives of the financial centers Montréal and Frankfurt met in Frankfurt for a working visit and discussed the future of their further cooperation.
Collapse in demand for natural gas in Germany in the coming decades
Deloitte study forecasts drastic decline by 2050. Natural gas share in energy supply shrinks by 95%, especially in the building sector. New investments in natural gas projects are risky.
Reporting according to EU taxonomy still not very meaningful
Reported taxonomy capability and compliance differ widely among industrial companies in some cases. Only two-thirds of industrial companies use the mandatory EU template for reporting. Financial institutions still collect taxonomy indicators largely inconsistently.
Climate-related and environmental risks in loan pricing
Integrating climate and environmental factors into loan pricing is a complex and far-reaching challenge for European banks. It goes to the heart of their business – balance sheet management. There is much to do, and little time. This article introduces the key implications for banks, and some suggested steps to tackle this challenge.
“Frankfurt is the centre of global sustainability standards.”
Hesse’s Minister of Finance Michael Boddenberg visits the International Sustainability Standards Board (ISSB) in its Frankfurt Office in order to exchange ideas on current developments in corporate sustainability reporting.
