Allianz Trade Launches Surety Green2Green for Low-Carbon Project Financing

Allianz Trade has introduced Surety Green2Green, an innovative product aimed at promoting sustainability by supporting low-carbon technologies and renewable projects. This solution provides surety bonds and guarantees to ensure the completion of sustainable initiatives while managing risks. Operating on a circular funding model, the premiums collected are reinvested in certified green bonds, amplifying the impact on global decarbonization. The initiative aligns with Allianz Group’s sustainability goals, already backing significant projects like a major German power line, and reflects the company’s commitment to facilitating the transition to a low-carbon economy. Resources: https://esgnews.com/allianz-trade-launches-surety-green2green-for-low-carbon-project-financing/