UmweltBank

UmweltBank is a German private bank founded in 1997 that focuses exclusively on financing environmentally friendly and social projects. Its core areas include renewable energy, sustainable construction, and ecological investments. The bank operates as a direct bank without traditional branches, serving over 130,000 customers across Germany. With a loan portfolio of approximately €3.7 billion, UmweltBank finances a wide range of projects, from solar and wind farms to ecological housing and social real estate. The bank uses a unique environmental rating system to assess projects, offering more favorable loan terms for those with higher ecological impact. Typical project financing can range from small residential installations to large-scale renewable energy projects, with some loans reaching up to €55 million for significant undertakings. To receive funding, projects must align with UmweltBank's strict sustainability criteria and contribute to the United Nations' Sustainable Development Goals. The bank has financed over 25,000 environmental projects since its inception, including Germany's largest unsubsidized solar power project - a 110 MW facility developed by Anumar. UmweltBank also offers sustainable investment products, including its UmweltSpektrum funds, which have grown to over €130 million in volume. The bank's commitment to sustainability is reflected in its operations, with its financed projects saving approximately 1,340,000 tonnes of CO2 in 2023 alone.