Frankfurt Notches a Win as Cities Fight for Green-Finance Crown
A city worker enters Taunusanlage U-Bahn underground train station in the financial district in Frankfurt. Germany.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
Frankfurt has chalked up a badly-needed victory over bigger European rivals in the race for a slice of the lucrative green finance industry.
The German city beat out London and other financial centers when it was named Wednesday as the main location of a new body for devising global sustainability disclosure standards.