For a financial service to be considered sustainable finance, it needs to integrate environmental, social and/or goverance (ESG) criteria, aiming for lasting benefits not only for the client of the service, but also for society overall. One of the ways banks can contribute to the decarbonisation of the energy sector is through providing loans to renewable energy projects. As of the end of 2017, Deutsche Kreditbanke was one of the leaders in sustainable finance in Germany, with approximately 10.4 billion euros in outstanding loans to renewable energy projects. Another leader was Norddeutsche Nandesbank GZ with 9.95 billion euros in loans to such projects.
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Statista estimates. (December 11, 2019). Value of loans to renewable energy projects for selected banks in Germany in 2017, by bank (in billion euros) [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1082285/bank-loans-renewable-energy-by-bank-germany/
Statista estimates. "Value of loans to renewable energy projects for selected banks in Germany in 2017, by bank (in billion euros)." Chart. December 11, 2019. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1082285/bank-loans-renewable-energy-by-bank-germany/
Statista estimates. (2019). Value of loans to renewable energy projects for selected banks in Germany in 2017, by bank (in billion euros). Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1082285/bank-loans-renewable-energy-by-bank-germany/
Statista estimates. "Value of Loans to Renewable Energy Projects for Selected Banks in Germany in 2017, by Bank (in Billion Euros)." Statista, Statista Inc., 11 Dec 2019, https://www.statista.com/statistics/1082285/bank-loans-renewable-energy-by-bank-germany/
Statista estimates, Value of loans to renewable energy projects for selected banks in Germany in 2017, by bank (in billion euros) Statista, https://www.statista.com/statistics/1082285/bank-loans-renewable-energy-by-bank-germany/ (last visited November 09, 2024)
Value of loans to renewable energy projects for selected banks in Germany in 2017, by bank (in billion euros) [Graph], Statista estimates, December 11, 2019. [Online]. Available: https://www.statista.com/statistics/1082285/bank-loans-renewable-energy-by-bank-germany/
