Frankfurt Main Finance Managing Director Hubertus Vaeth underscored the growing alignment between China and Germany in advancing green finance during the 2025 Financial Street Forum, calling for stronger collaboration to accelerate global climate goals.
In an interview with CGTN, Vaeth emphasized the need for a unified taxonomy to define sustainable investments, stating: "A common language is essential to guide financing and transformation. This will help investors and businesses align their strategies with climate objectives." His remarks come ahead of the upcoming China-Germany Green Finance Conference, where experts will explore synergies in emissions trading systems and carbon credit mechanisms.
Analysts see this cooperation as critical for scaling renewable energy projects and industrial decarbonization. With China being the world's largest carbon market and Germany a leader in European green finance, joint efforts could set benchmarks for cross-border carbon trading frameworks.
The dialogue reflects broader momentum in Asia-Europe economic partnerships, particularly in clean technology and sustainable infrastructure development. Such collaborations are increasingly vital as nations work to balance economic growth with Paris Agreement commitments.
