KfW Strengthens Global Role with High Stable New Business in 2024 and Continued Focus on Climate Protection and Biodiversity
(IN BRIEF) KfW’s 2024 international business performance shows a stable level of EUR 34.2 billion, with a continued focus on climate protection, biodiversity, and geostrategic objectives. Through its subsidiaries, KfW supports projects aligned with Germany and Europe’s economic and geopolitical interests, including initiatives in energy and raw material security. The bank’s robust international financing includes EUR 12.6 billion in climate and environmental investments, underscoring its commitment to sustainable development. Additionally, KfW’s contribution to the EU’s Global Gateway initiative highlights its pivotal role in fostering international cooperation.
(PRESS RELEASE) FRANKFURT, 7-May-2025 — /EuropaWire/ — KfW has announced its continued strong contribution to international financing, reaching a stable new business level of EUR 34.2 billion in 2024, maintaining a solid performance despite global uncertainties. The bank has emphasized its strategic focus on geostrategic and economic objectives, aligning its projects with the interests of Germany and Europe. This includes a commitment to supporting climate protection and biodiversity, as well as contributing significantly to the EU’s Global Gateway initiative, which seeks to foster cooperation on global infrastructure development.
Christiane Laibach, a member of KfW’s Executive Board, highlighted the bank’s vital role as a partner in uncertain times, stating that “We continue to be a reliable partner in an uncertain world.” KfW’s international business, which spans its various subsidiaries such as KfW Development Bank, KfW IPEX-Bank, and DEG, has supported a variety of projects that bolster energy and raw material security, further strengthening Germany’s position in the global marketplace.
Laibach emphasized that Germany, as an export nation, is significantly impacted by the global economic situation, with KfW’s strategic international financing being essential to ensuring stable, prosperous regions globally, thus maintaining Germany’s own safety and prosperity. To this end, KfW is committed to deepening partnerships with developing and emerging economies, offering reliable investment frameworks, and providing tailor-made financing solutions for high-risk markets.
In 2024, KfW committed EUR 12.6 billion to environment and climate financing, maintaining its dedication to fostering sustainable projects. As part of the EU’s Global Gateway initiative, KfW contributed around EUR 34 billion from 2021 to 2024, marking more than 10% of the total volume of the EU’s investment program.
Media Contact:
Dr Charis Pöthig
Tel: +49 69 74 31 46 83
email: Charis.Poethig@kfw.de
SOURCE: KfW
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