Germany hatches plan to attract green investment capital

By Reuters9 days ago

© Reuters.

By Markus Wacket and Christian Kraemer


BERLIN (Reuters) - The German government is planning a new green financing strategy to steer capital towards environmental projects and developing Germany into a leading hub for sustainable finance, plans seen by Reuters show.

The so-called Sustainable Finance Strategy plan lists 26 individual measures and is due to be adopted by the cabinet on Wednesday with a view to mobilising investment for climate protection projects.

The federal government wants to develop Germany into a leading location for sustainable finance, states the plan, which is aligned with the United Nations' Sustainable Development Goals.

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