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.
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.
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
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
Show content of Useful links
- Transition PlanResidential Real Estate: leading to Net Zero
- Towards Net Zero Emissions
- Deutsche Bank publishes targets for carbon footprint reduction
- Sustainability
- Sustainability Strategy
- Sustainability Deep Dive
- Videos on Sustainability
- News on Sustainability at Deutsche Bank
- What Next on sustainability
- Supporting clients with ESG integration into investment processes
- Sustainability at Wealth Management