Deutsche Bank is one of the leading private sector project financiers in renewable energy. In 2014, the bank provided more than € 978 million (2013: € 783 million) to clients’ renewable energy projects. The bank advised and enabled the financing for projects with a total capacity of more than 1,793 megawatts, worth € 4.3 billion.
Deutsche Bank joined 12 other major financial institutions in publishing the Green Bond Principles, which provide a framework for integrity and transparency in this market. The Principles set out the standards for the capital generated from a green bond issue in order to ensure that the funds raised benefit environmental or social projects, for example, renewable energy, energy efficiency and clean water. In 2014, the green bond market grew four-fold. Deutsche Bank was the lead manager of several major issues, including a € 1.5 billion bond for the Kreditanstalt für Wiederaufbau (KfW), and the first sterling-denominated bond which raised GBP 250 million for Unilever.