VDP sets green Pfandbrief standards

Green label from Adobe 230x150
By Bill Thornhill
23 Aug 2019

The Association of German Pfandbrief Banks (VDP) has introduced minimum standards for issuing green Pfandbriefe, a development that should help seal Germany’s position as a leading jurisdiction for green covered bond issuance.

The new minimum green standards are designed to give a “boost to this still young market segment”, said Jens Tolckmitt, chief executive officer of the VDP, in a press release published on Thursday. 

The new standards will provide a useful guidance for Pfandbrief banks and reassure investors that ...

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