Global Green Finance Council (GGFC)

The Global Green Finance Council (GGFC)

The GGFC was created in 2017 with the objective to bring together key global and regional associations and other stakeholders involved in the green financing. The industry joined forces to coordinate efforts to promote green finance, facilitate cross-fertilisation between related markets and asset classes, and with the ambition to act as a representative counterparty to the official sector on green finance policy matters.

The GGFC aims to cover a variety of products including bonds, loans, private debt, equity, asset back securities and hybrid markets.

The GGFC was founded by the Global Financial Market Association (GFMA), the International Capital Market Association (ICMA), the European Banking Federation (EBF), the European Covered Bond Council (EMF-ECBC), the Institute of International Finance (IIF), the Loan Market Association (LMA) and the World Federation of Exchanges. Other organisations are participating as observers, including CERES, the European Financial Roundtable (EFR) and InsuranceEurope.

The Global and European Green Finance Policy Directory was published in December 2017 with the aim of providing  policymakers and global and regional market participants with a simple reference guide to the major initiatives on green finance, sustainability and climate change being implemented by international and regional bodies and industry organisations.

Press release: The LMA publishes Green Loan Principles - 21 March 2018
- Download the LMA Green Loan Principles

Press release on the Action Plan on sustainable finance of the European Commission - 8 March 2018

Joint-industry group publishes directory of global and regional green finance policy initiatives - Press Release - 7 December 2017

Press release on the Interim Report of the European Commission’s High-Level Expert Group on Sustainable Finance - 19 July 2017