vdp joins Climate Action Alliance

The Association of German Pfandbrief Banks (Verband deutscher Pfandbriefbanken, vdp) has joined Germany’s National Climate Action Alliance (Aktionsbündnis Klimaschutz).

The Climate Action Alliance is a central dialogue forum for the ongoing discussion of climate protection policy positions between social groups and the German federal government, under the auspices of the German Federal Environment Ministry (Bundesumweltministerium). It supports the German federal government in achieving climate protection targets for Germany and recognises the joint responsibility of its members for the successful transformation into a largely greenhouse gas neutral society by 2050.

A particular objective of the Alliance is to help put together action programmes, assist with implementation of the resolved actions, facilitate the activation of climate protection potential and identify other opportunities for action. The Alliance acts within the framework of "banks" (committees). The vdp shall dedicate itself to the bank “Buildings, Housing Industry, Private Households”.