Deutsche Bank and the Green Climate Fund sign agreement at COP26 to invest in de-carbonization solutions for Sub-Saharan Africa

Deutsche Bank alongside the Green Climate Fund (GCF) has executed an agreement which commits the GCF to contribute USD 80 million as the seed and anchor investor to a renewable energy investment program. DWS, the independent asset manager majority-owned by Deutsche Bank, will be the executing entity and it has committed to contribute 3% of the anticipated USD 500 million investment facility. The program will be implemented in Sub-Saharan Africa by DWS’s Sustainable Investments team. The signing took place at an official ceremony held at COP26 in Glasgow hosted by…

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