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Allianz Trade Launches Surety Green2Green for Low-Carbon Project Financing

Allianz Trade Launches Surety Green2Green for Low-Carbon Project Financing

Allianz Trade
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  • Supporting Sustainable Projects: Allianz Trade’s Surety Green2Green issues surety bonds for renewable and low-carbon projects, securing their completion and reducing financial risk.
  • Circular Investment Model: Premiums from these bonds are invested in certified green bonds, continually fueling sustainability through a circular funding model.
  • Leadership in Green Finance: Allianz Trade’s initiative reflects its ongoing commitment to sustainability and the low-carbon transition.

Allianz Trade has launched Surety Green2Green, a pioneering product designed to advance global sustainability efforts by supporting low-carbon technologies and renewable projects. Through this new solution, Allianz Trade issues surety bonds and guarantees, helping clients engage in sustainable initiatives by ensuring these projects reach completion while managing associated risks.

“As an insurer and global trade enabler, we are uniquely positioned to help companies and the overall economy to grow in a more sustainable way. This is why we aim to lead by example and reduce the carbon footprint of our own operations,” shares Piril Kadibesegil Yasar, Head of Sustainability at Allianz Trade.

Piril Kadibesegil Yasar, Head of Sustainability at Allianz Trade.

Circular Funding for Sustainable Impact

The Surety Green2Green product operates on a circular model: premiums collected from the issuance of bonds are reinvested in certified green bonds. This approach not only backs sustainable projects but also contributes to green finance, creating a recurring impact on global decarbonization.

Soenke Schottmayer, Head of Commercial – Global Surety, describes, “Once a project aligned with our low-carbon technology standards is identified, it goes through a rigorous assessment… the premiums we earn from this transaction are then held as investments in certified green bonds.”

Soenke Schottmayer, Head of Commercial – Global Surety

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Amplifying Green Finance and Decarbonization

Allianz Trade’s initiative aligns with the wider Allianz Group’s sustainability goals, emphasizing long-term contributions to the green finance ecosystem. Already supporting projects like a major German power line that will serve over 2 million residents, the company aims to expand Surety Green2Green’s reach to additional critical infrastructures in the transition to a low-carbon economy.

Aylin Somersan Coqui, CEO of Allianz Trade, concludes, “We offer the confidence and support necessary for these initiatives to succeed… by providing insurance and bonds for technologies which are critical for the transition and decarbonization of our economy.”

Aylin Somersan Coqui, CEO of Allianz Trade

With Surety Green2Green, Allianz Trade demonstrates its commitment to securing the future of sustainable energy and low-carbon innovation, proving that finance can drive tangible environmental progress.

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