Binding was born in Sandershausen. After his apprenticeship as a heavy- current electrician (1965–1968) he graduated Hesse College (Abitur) in 1972. Following his national civil service as a nurse's helper he studied mathematics, physics and philosophy at the universities of Heidelberg and Tübingen. In 1981 he obtained a Diplom degree in mathematics and physics at Ruprecht Karl University Heidelberg.
Following his Diplom Binding worked as a technician and from 1987 until 1998 as an IT specialist at the Computer Center of Heidelberg University where he was responsible for planning, creating and operating local networks and high speed networks for data processing.
In 1965, Binding joined both the SPD and the IG Metall. From 1986 until 1994 he served as the chairman of the SPD district association in Heidelberg. In 1989, he was elected to the city council of Heidelberg and in 1994 he became chairman of the SPD group in the council until 2000.
From the 1998 national elections, Binding was a member of the German Bundestag (lower house of Parliament), representing Heidelberg. Throughout his time in parliament, he served on the Finance Committee. Within the SPD parliamentary group, he was the deputy spokesman of the financial policy working group from 2002 until 2005 and again from 2009 until 2012; he served as the working group's spokesman from 2012. He was also a member of the working group on municipal policy from 2005 until 2021.
From 2014 to 2015, Binding was part of the SPD parliamentary group's leadership under chairman Thomas Oppermann.
In addition, Binding was the initiator of the bipartisan group resolution which laid the groundwork for the anti-smoking legislation in Germany including the federal legislation in 2007 and some German states' legislation in the following years.
In April 2020, Binding announced that he would not stand in the 2021 federal elections but instead resign from active politics by the end of the parliamentary term.[1]
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