News from 2016-05-06 / Group, Investor Relations
KfW’s Engagement for Green Bond Reporting Standards awarded
The working group “Harmonized Framework for Impact Reporting” received the "2016 Initiative of the Year-Award" by Environmental Finance. The working group of experts from ten international development banks1 and KfW jointly developed a guide for issuers to report on activities in the fields of renewable energy and energy efficiency funded through Green Bonds. This guide aims to establish quality standards in the Green Bond market. Environmental Finance awards important market participants, who actively promote the Green Bond market.
1 African Development Bank (AfDB), Agence Française de Développement (AFD), Asian Development Bank (ADB), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank (IDB), International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC), Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), Nordic Investment Bank (NIB)