The guidelines will help ensure integrity and transparency for investors in this rapidly growing market. The Principles suggest a process for designating, disclosing, managing and reporting on capital raised from a Green Bond will be used.

These Principles build on first-to-market issuances by multilaterals and provide a platform for other future Green Bond issuers to direct funding to Green Projects. They are complemented by an appendix of established definitions of Green Project categories that were developed by multilaterals, non-profit and non-government organizations and other relevant stakeholders. Read more about the Green Bond Principles here.

Deutsche Bank's Global Head of Debt Origination, Hakan Wohlin, said: "As a carbon neutral bank, Deutsche Bank believes that the new Principles will play an important role in unlocking the green market capital necessary to finance the transformation to a cleaner and more sustainable future. We are pleased to be part of this collaborative effort."

Using the debt capital markets is a priority to finance the low-carbon transition. Globally there was $254bn of renewable energy investments last year. This must double by 2020 and quadruple by 2030 if the world is to avoid the negative impacts of a global temperature increase of more than 2

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