Sovcombank and St. Petersburg Exchange will reveal green financing

Sovcombank and St. Petersburg Exchange signed a joint work on the formation of the segment of green and social bonds at the St. Petersburg Stock Exchange, trade in low carbon energy certificates, greenhouse gas emission quotas, as well as certificates confirming the neutralization of greenhouse gas emissions.

In the official ceremony of signing on the site of St. Petersburg International Economic Forum (PMEF-2021), Chairman of the Board of Sovcombank Dmitry Gusev and Member of the Board of Directors of the St. Petersburg Exchange Roman Goryunov was attended.

The purpose of the Agreement is to combine efforts to form a regulatory framework and requirements for the sale of candom for greenhouse gas emissions, as well as green low carbon energy and certificates and certificates confirming the neutralization of greenhouse gas emissions. The agreement is aimed at the development of the stock market of sustainable development and new green financing tools.

/Media reports.