Submitted by

Allianz Trade

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25/02/2026 Insurance Innovation
Surety Green2Green is an innovative circular solution: we provide surety bonds to support the success of low carbon technology projects and hold premiums as investments in certified green bonds, fueling the global shift to a sustainable economy.
Innovation details
Country
France
Category
Social, Sustainable & Responsible
Keyword
Business insurance, Savings & Investments, Insurance, Beyond financial services & ecosystems, ESG & Sustainability, Risk management
Business Line
Commercial Insurance
Distribution Channel
Brokers

Innovation presentation

Allianz Trade empowers clients to participate in renewable energy projects and low-carbon technologies, which are critical for the transition across sectors such as energy, fuel, green buildings or transport, by issuing surety bonds and guarantees that ensure their successful execution and maintenance. Our objective is to provide a financial solution that not only supports these critical projects but also guarantees the regular injection of funds in the green finance ecosystem. Surety Green2Green is an innovative circular investment model. It sets a new standard in the industry: it issues bonds that ensure the success of our clients’ low-carbon technology projects and holds the earned premiums as investments in certified green bonds (bonds consistent with Green Bond Principles from the International Capital Markets Association or any other green investments framework depending on the evolving regulation over time), creating a circular model that continually fuels sustainability progress. Once a project aligned with our low-carbon technology standards is identified, it goes through a rigorous assessment led by our sustainability experts. The project and its stakeholders are assessed in terms of ESG risks to ensure that the project does not harm any other ESG objectives. If it meets our criteria, the premiums we earn from this transaction are then held as investments in certified green bonds. This way, we create a full-circle benefit that perpetuates sustainability progress: we issue bonds that ensure the success of low-carbon projects, and we fuel the sustainable transition of the overall economy. The impact has been immediate and measurable: since its launch in October 2024, Surety Green2Green has successfully issued 78 bonds and supported low-carbon technology projects across 16 countries. This showcases strong client reception and tangible impact. The project was developed by the Group Sustainability Office, and the Global Surety team. They collaborated in agile mode, conducting workshops with other departments, such as Legal, Finance, Asset Management, Credit Intelligence and Marketing. Surety Green2Green exemplifies the scalability and replicability of sustainable insurance solutions, serving as the second product in our Green2Green line following Specialty Credit Green2Green. This proven approach has not only demonstrated its adaptability across different product types but has also inspired innovation beyond environmental sustainability, leading to the recent launch of Specialty Credit Social2Social, our solution supporting projects that address specific social issues and achieve positive social outcomes. This model thus offers a replicable framework that can guide other insurance companies seeking to meaningfully contribute to broader sustainability goals.

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