• UN Climate Change Conference 2023 (COP28)

    Accelerating investments for a sustainable transition

Deutsche Bank at COP28

Financial institutions have a key role to play alongside businesses, civil society, and government: to scale investment in the net-zero transition and ensure we manage the physical risks of climate change and the transition. At Deutsche Bank, we help clients across the globe to drive their transformation. We do this by being deeply embedded in their decision making and processes, supported by an innovative and data-driven offering.

For us, COP28 is the chance to align efforts on climate action and bridge the gaps to meet the goals of the Paris Agreement. This requires ambitious and rapid action from across the global community.

Christian Sewing
We are committed to playing our part in fighting climate change, and we want to document transparently where we stand on our path to net-zero. Decoupling economic growth from CO2 emissions and the extensive use of natural resources will be decisive as our planet’s ecosystem comes close to tipping points.Christian Sewing, Chief Executive Officer

Huge private sector investments are needed for this green transition. Estimates range from a total of USD 100trn to USD 300trn between now and 2050. This requires co-operation on many levels. Governments, businesses, civil societies, the private finance sector, and multi-lateral development institutions must work together to remove barriers to investments.

Sharing expertise and fostering solutions at COP28

At Deutsche Bank, we have made sustainability a management priority  and have just recently published our initial transition plan. And we have developed a wide range of financial instruments and solutions for our clients in many different industries to help them de-carbonize their businesses.

This important transition affects the relationship with all of our stakeholders: Clients need advice, products, and services to make progress on their transformation journeys. Investors increasingly want to entrust their capital to companies with a credible sustainability strategy. And political leaders and regulators are increasingly focusing on the topic of ecological transformation.

At COP28 we want to foster solutions to scale investments for a sustainable transition and continue the dialogue with NGOs, clients, international financial development organizations and peers. We want to drive collective and coordinated action across global stakeholders to remove the barriers to investment and unlock the power of private finance by defining and scaling concrete solutions for a just transition.

By taking a German perspective on how to decarbonize industries, we also want to showcase and discuss what German companies already have on offer serving decarbonization efforts - and what can be expected from them beyond German borders.

Jörg Eigendorf, Chief Sustainability Officer, explains why Deutsche Bank is at COP28

Our priorities at COP28

  • We want to share relevant insights and learnings based on our strong position as Global Hausbank headquartered in Europe.
  • We want to scale investments in the net-zero economy.
  • We want to mobilise transition finance for the global south.
  • We want to put a value on nature.
  • We want to enable further thought leadership by participating in forums and panels with our experts.

Meet our experts

A diverse team of senior executives and experts aims to drive collective and coordinated action in Dubai. Follow them on LinkedIn for lates updates, insights and discussions from COP28.

Resilience Hub Our presence at COP28 Resilience Hub

Deutsche Bank is a proud sponsor of the COP28 Resilience Hub. The Hub welcomes thousands of participants virtually and in-person for its inclusively built programme – designed to accelerate action and investment on climate resilience.

You can join the events on the Resilience Hub virtually by signing up online. Don’t miss out on the opportunity to expand your knowledge, connect with professionals, and help accelerate action and investment on climate resilience.

Knowledge bites from COP28

Interviews and videos from Dubai by our delegation of ESG experts

  • Our Top 10 takeaways from COP28

    Read Debbie Jones', Global Head of ESG, Company Research, Deutsche Bank Research, Top 10 takeaways from COP28 here.

  • COP 28 - Stimulative, instructive and exhausting

    Wrap up with Markus Müller why he has maxed out his step counter and what he takes away.

  • Claire Coustar talks about how we are helping Fortescue make shipping greener by using green ammonia and what this means for our own scope 3 emissions

  • Emily Kreps thoughts on the intersection of climate and security as well as the importance of creating market-based solutions that bring us closer to the goals of the Paris Accords.

  • Why the fight against climate change could be a positive tipping point for Germany; and why we should tell this story better – #KnowledgeBite with our Group Chief Economist David Folkerts-Landau

  • Whales play an important role for maritime ecosystems and carbon reduction. At the same time a dead whale is valued higher in our economic system than a living one. How can we change this?

  • How little money goes to women who take action against climate change? Watch my hashtag#KnowledgeBite with Zainab Salbi co-founder of Daughters for Earth and an international women’s rights activist.

  • Do you want to see what future generations of Chief Sustainability Officers look like? And why mangroves should be in the focus of financial investors? 

  • Hear from our Chief Sustainability Officer on his first days at COP28